CDs and IRAs

17 Month Bump CD - Earn 3.55 % APY*

Lock in a competitive rate with the flexibility to grow. Our 17-Month Bump CD lets you earn 3.55% APY, with a one-time option to increase your rate if rates go up during your term—so you don’t miss out on future opportunities.

Open with as little as $5,000 ($1,000 for customers 19 and under) and enjoy a secure, predictable way to save.

To open a CD, call 1-800-891-9389 or stop by your local Peoples Bank branch.

*Annual Percentage Yields (APYs) accurate as of 4/22/2026. The minimum to open is $5,000.00. The minimum to obtain APY is $5,000.00. For customers 19 and under, $1,000 minimum balance required to open account and to obtain the annual percentage yield. We may impose a penalty for early withdrawal on time certificates. Fees may reduce earnings. Public funds, brokered deposits and institutional deposits are not eligible. See a bank employee for more details .**Customer may request the interest rate and APY to be changed one-time during the initial term of the Certificate of Deposit (CD) by calling 800-891-9389 or stopping in at a Peoples Bank branch. The rate adjustment is based on Peoples Bank special term CD that is within 6 months of the remaining term of the original CD. The closet CD term includes special term CDs offered by Peoples Bank at the time of the one-time bump request. The rate is adjusted for the remaining initial term of the CD. At maturity the CD will auto renew to a 12 month CD, and the one-time bump option will cease. Please call 800-891-9389 for current CD APYs and terms.

13 Month Bump CD - Earn 3.50 % APY*

Grow your savings with a competitive fixed rate—and the flexibility to adapt. With our 13-Month Bump CD, you can request a one-time rate increase if rates rise during your term.

Open with $5,000 ($1,000 for customers 19 and under) and enjoy a secure, community-focused way to save.

To open a CD, call 1-800-891-9389 or visit your local Peoples Bank branch.

*Annual Percentage Yields (APYs) accurate as of 4/22/2026. The minimum to open is $5,000.00. The minimum to obtain APY is $5,000.00. For customers 19 and under, $1,000 minimum balance required to open account and to obtain the annual percentage yield. We may impose a penalty for early withdrawal on time certificates. Fees may reduce earnings. Public funds, brokered deposits and institutional deposits are not eligible. See a bank employee for more details. **Customer may request the interest rate and APY to be changed one-time during the initial term of the Certificate of Deposit (CD) by calling 800-891-9389 or stopping in at a Peoples Bank branch. The rate adjustment is based on Peoples Bank special term CD that is within 6 months of the remaining term of the original CD. The closet CD term includes special term CDs offered by Peoples Bank at the time of the one-time bump request. The rate is adjusted for the remaining initial term of the CD. At maturity the CD will auto renew to a 12 month CD, and the one-time bump option will cease. Please call 800-891-9389 for current CD APYs and terms.

IntraFi^® Network Deposits - CD Option

If you would like to make a large deposit that requires expanded FDIC insurance coverage, Peoples Bank's IntraFi^® Network Deposits CD option is a smart, convenient way to safeguard your large deposits. It combines the security of access to FDIC insurance above $250,000 with the convenience of working directly with just one financial institution. As part of the IntraFi Network of banks, Peoples Bank will distribute your funds into CDs at other banks in the network. Key features include:

• Access to FDIC insurance coverage on millions in deposits
• Earn interest
• No account set-up fees
• A wide variety of maturities

To learn more, contact a Peoples Bank representative or watch our video tutorial.

ROTH IRA

• Contributions: Not tax-deductible; can be withdrawn at any time without taxes or penalties.¹
• Earnings & Qualified Withdrawals: Earnings and qualified withdrawals are tax-free; may be withdrawn without taxes or penalties if you are age 59 ½ or older and your account has been open for the five-year holding period; exceptions to penalties may be made if funds are used for certain purposes, including first-time home purchase ($10,000 lifetime limit), higher education, certain medical expenses, etc.
• Maximum Annual Contribution: For 2025: up to $7,000 or $8,000 for those 50 and older.  For 2026: up to $7,500 or $8,600 for those 50 and older ($1,100 catch-up). The IRA limit applies to the sum of all contributions to traditional and Roth IRAs in a given tax year.
• Eligibility: You must have earned income; the ability to contribute is based on your income; if you earn too much to make a full contribution, you may be able to make a partial contribution.
• Contribution Age Limit: None
• Distribution: None
• Eligibility to contribute to a Roth IRA at the full amount depends on your modified adjusted gross income (MAGI) and filing status. Phase-out ranges increase for 2026 (e.g., roughly $153,000–$168,000 for single filers; $242,000–$252,000 for married filing jointly).

¹ For Traditional-to-Roth conversions, any converted amounts are withdrawn within five years may be subject to taxes and penalties.

Traditional IRA

• Contributions: Contributions are fully tax-deductible if neither you nor your spouse participates in a 401(k) or another employer-sponsored retirement plan, or if your Modified Adjusted Gross Income falls below certain limits.
• Earnings & Qualified Withdrawals: All earnings and tax-deductible contributions grow tax-deferred and are taxable upon withdrawal; penalties will be assessed if you make withdrawals before age 59 ½ or if withdrawals do not begin in the year you turn 73; exceptions to penalties may be made if funds are used for certain purposes, including first-time home purchase ($ 10,000-lifetime limit), higher education, certain medical expenses, etc.
• Maximum Annual Contribution: For 2025: up to $7,000 or $8,000 for those 50 and older. For 2026: up to $7,500 or $8,600 for those 50 and older ($1,100 catch-up). The IRA limit applies to the sum of all contributions to traditional and Roth IRAs in a given tax year.
• Eligibility: You must have earned income; there are no income limits.
• Distribution: Required after age 73