The following tables reflect the interest rates and annual percentage yields for some of the interest earning accounts The Peoples Savings Bank offers. Interest rates and annual percentage yields listed here are accurate as of:
March 8, 2010
The Peoples Savings Bank is a community-based financial institution, we do not generally accept nor retain deposits owned by persons residing outside our normal geographical service area.
Certificate of Deposits
| Minimum Opening Deposit | Minimum Balance to Earn | Interest Rate | Annual Percentage Yield | |
|---|---|---|---|---|
| 6-month | $500 | $500 | 1.00% | 1.01% |
| 12-month | $500 | $500 | 1.30% | 1.31% |
| 18-month | $500 | $500 | 1.64% | 1.65% |
| 24-month | $500 | $500 | 1.88% | 1.90% |
| 36-month | $500 | $500 | 2.34% | 2.37% |
| 48-month | $500 | $500 | 2.62% | 2.65% |
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IRA Accounts
| Minimum Opening Deposit | Minimum Balance to Earn | Interest Rate | Annual Percentage Yield | |
|---|---|---|---|---|
| 6-month IRA Certificate | $500 | $500 | 1.24% | 1.25% |
| 18-month IRA Certificate | $500 | $500 | 1.60% | 1.61% |
| 36-month IRA Certificate | $500 | $500 | 2.76% | 2.80% |
| 6 -10 year IRA Certificate | $500 | $500 | 3.04% | 3.09% |
A penalty will be imposed for early withdrawals.
Withdrawals, fees and other conditions could reduce the earnings on these accounts.
