CDs & IRAs

Business Services

We trust peoples

All the employees are more like friends, very helpful and nice.

James P., Owaneco

I have always felt welcome. All the staff are great to work with.

Donald B., Taylorville

Everything is outstanding. Keep up the good work.

Shirley M., Charleston

We have banked here for many years. Look forward to many more.

Robert R., Pana

The staff is personable, friendly and offers great service.

Betty O., Springfield

The PBT team are the best employees to do business with. We are so thankful for all the outstanding professional service the provide.

Russell R., Herrick

Your service is quite remarkable. It's the main reason I stay with and will remain with you.

Lenora P., Monticello

Contact Us Today

Request an Appointment

Branch Locations

CERTIFICATES OF DEPOSIT (CDs)

The Consumer and Business Bankers at Peoples Bank & Trust will work with investors looking for a typically low-risk investment by offering a variety of certificates of deposit (CDs). Our multiple products offer competitive, tiered rates and can be short or long-term. The CDs are FDIC insured and customers can choose different options to have funds available at different times. Many of our banking customers are qualified to pursue this type of investment. Below you will find product features on the different types of certificate of deposits at Peoples Bank & Trust. Call your Consumer or Business Bankers today to obtain rate information.

Certificates of Deposit
30 days to 5 years Minimum $1,000 to open Variety of payment methods available including: direct deposit, check payments or your interest can be capitalized back to your Certificate of Deposit Interest payments made monthly, quarterly, semi-annually, or at maturity CDs can be used as collateral for loans Penalty for early withdrawal of funds - penalty assessed on the amount of the withdrawal only, interest penalty varies by CD term

Certificates of Deposit

30 days to 5 years
Minimum $1,000 to open
Variety of payment methods available including: direct deposit, check payments or your interest can be capitalized back to your Certificate of Deposit
Interest payments made monthly, quarterly, semi-annually, or at maturity
CDs can be used as collateral for loans
Penalty for early withdrawal of funds - penalty assessed on the amount of the withdrawal only, interest penalty varies by CD term

Easy Builder Certificate of Deposit
1 year maturity Minimum $100 to open Deposits can be made weekly, monthly or at your convenience Variety of payment methods available including: direct deposit, check payments or your interest can be capitalized back to your Certificate of Deposit Interest payments made monthly, quarterly, semi-annually, or at maturity CDs can be used as collateral for loans Penalty for early withdrawal of funds - penalty assessed on the amount of the withdrawal only, interest penalty varies by CD term Only available for consumer purpose accounts

Easy Builder Certificate of Deposit

1 year maturity
Minimum $100 to open
Deposits can be made weekly, monthly or at your convenience
Variety of payment methods available including: direct deposit, check payments or your interest can be capitalized back to your Certificate of Deposit
Interest payments made monthly, quarterly, semi-annually, or at maturity
CDs can be used as collateral for loans
Penalty for early withdrawal of funds - penalty assessed on the amount of the withdrawal only, interest penalty varies by CD term
Only available for consumer purpose accounts

Individual Retirement Account (IRA)

It’s never too early – or late - to begin planning for the future. Peoples Bank & Trust offers multiple Individual Retirement Accounts (IRAs) depending on your particular needs. Whether you’re prepared to start contributing to a Roth or Traditional IRA or need to pave the way to begin doing so, your Business Banker is prepared to show you how. Our IRAs have product features such as tax deferment of interest, earnings are tax-exempt and flexible terms tailored to you needs. Call us today to start exploring the best option for your future plans.

ROTH IRA Certificate of Deposit	Traditional IRA Certificate of Deposit
182 days to 5 year Minimum $1,000 to open Earnings are federally tax free Penalty for early withdrawal of funds-penalty assessed on the amount of the withdrawal only, interest penalty varies by CD term	182 days to 5 years Minimum $1,000 to open Contributions may be deductible on your income tax return (consult your tax advisor) Interest grows tax free Penalty for early withdrawal of funds-penalty assessed on the amount of the withdrawal only, interest penalty varies by CD term

Easy Builder Roth Certificate of Deposit	Easy Builder Traditional Certificate of Deposit
1 year maturity Minimum $100 to open Deposits can be made weekly, monthly or at your convenience Earnings are federally tax free Penalty for early withdrawal of funds-penalty assessed on the amount of the withdrawal only, interest penalty varies by CD term	1 year maturity Minimum $100 to open Deposits can be made weekly, monthly or at your convenience Contributions may be deductible on your income tax return (consult your tax advisor) Interest grows tax free Penalty for early withdrawal of funds-penalty assessed on the amount of the withdrawal only, interest penalty varies by CD term Only available for consumer purpose accounts

Online Banking