Certificate of Deposit

Savings worth the wait, find out why!

Certificates are available for various terms. Minimum deposit to open is $500. Interest is compounded daily and paid monthly. You may choose the term of the certificate to meet your needs.

Federal regulations require a substantial penalty for early withdrawal on all certificates of deposit. All accounts are insured by FDIC - a US government agency.

The following table reflects the interest rates and annual percentage yields for some of the interest earning accounts at The Peoples Savings Bank. Interest rates and annual percentage yields listed here are accurate as of: October 30, 2017.

The Peoples Savings Bank is a community-based financial institution. We do not normally accept nor retain deposit owned by persons residing outside our normal geographical service area.

 Minimum Opening DepositMinimum Balance to EarnInterest RateAnnual Percentage Yield
6-month $500 $500 0.11% 0.11%
12-month $500 $500 0.21% 0.21%
18 month $500 $500 0.31% 0.31%
24-month $500 $500 0.41% 0.41%
36-month $500 $500 0.56% 0.56%
48-month $500 $500 0.86% 0.86%


*Fees or other conditions could reduce the earnings on the accounts.
*We reserve the right to change rates at any time.

Contact us at 937.653.1600 or stop by one of our locations to open an account today!

Certificates are considered non-activity accounts and will become dormant 24 months after the most recent maturity date. Dormant account status can be avoided on certificates by having the earnings updated at least annually.

Important Information Regarding Federal Deposit Insurance Coverage (FDIC)

The FDIC Insurance Coverage has been permanently increased to $250,000 per depositor, per institution. To learn more about the FDIC or to understand more about coverage, visit FDIC Electronic Deposit Insurance Estimator (EDIE).