Bank · FDIC insured
Peoples Bank CD Rates
Peoples Bank’s best CD rate is 3.20% APY on a 7-month CD. Terms run from 7 months to 11 months. Rates checked October 22, 2026.
How Peoples Bank’s CD rates compare
Compared with banks and credit unions in North Carolina, where Peoples Bank has the most branches. $10,000, best rate first.
This bank’s best
Peoples Bank
3.20%APY
- Term
- 7 months
- Minimum
- $5,000
- Earns on $10,000
- $185
Certificate of Deposit (CD)
Top rate
Allegacy Financial
5.00%APY
- Term
- 5 months
- Minimum
- $500
- Earns on $10,000
- $205
2nd-highest rate
Truliant Federal Credit Union
5.00%APY
- Term
- 12 months
- Minimum
- —
- Earns on $10,000
- $500
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Certificate of Deposit (CD)
Up to 3.20%APY · 2 terms
Start out with as little as $500. Terms from 180 days to 5 years. Maximum certificate $2,000,000 for featured terms. Penalty may be imposed for early withdrawal. Fees may reduce earnings. Automatic renewal or single term maturity.
| Term | APY · $5,000 – $2,000,000 | APY · $25,000 – $2,000,000 | APY | Earns on $10,000Earns |
|---|---|---|---|---|
| 7 monthsExisting customers must deposit a minimum of $5,000 to open the account and maintain a minimum balance of $5,000 each day to obtain disclosed APY. Penalty may be imposed for early withdrawal. Fees may reduce earnings. Eligible for both consumers and businesses | 3.20% | — | 3.20% | $185 |
| 7 monthsNew customers must deposit a minimum of $25,000 to open the account and maintain a minimum balance of $25,000 each day to obtain disclosed APY. Penalty may be imposed for early withdrawal. Fees may reduce earnings. Eligible for both consumers and businesses | — | 3.20% | —3.20% $25k–$2,000k | — |
| 11 monthsExisting customers must deposit a minimum of $5,000 to open the account and maintain a minimum balance of $5,000 each day to obtain disclosed APY. Penalty may be imposed for early withdrawal. Fees may reduce earnings. Eligible for both consumers and businesses | 2.78% | — | 2.78% | $255 |
| 11 monthsNew customers must deposit a minimum of $25,000 to open the account and maintain a minimum balance of $25,000 each day to obtain disclosed APY. Penalty may be imposed for early withdrawal. Fees may reduce earnings. Eligible for both consumers and businesses | — | 2.78% | —2.78% $25k–$2,000k | — |
Sources (1)
- peoplesbanknc.com/Personal/Ban…s/Certificate-of-Deposit · captured Sep 19, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.