Peoples Bank and Trust Company Bank CD Rates
A small bank out of Kentucky is offering some of the best bank CD rates available right now. Peoples Bank and Trust Company is offering regular CD rates and IRA CD rates. IRA certificates of deposit have a minimum opening balance of $100 and regular certificates of deposit have a minimum opening balance of $500.
Surprisingly the bank's IRA certificates of deposit (CDs) have higher rates than their regular CDs. Regular 2 year CD interest rates are 1.25% with an APY of 1.26%. 2 year IRA CD rates are considerably higher at 2.00% with an APY of 2.02%.
Other IRA CD rates include an 18 month rate at 1.75% with an APY of 1.76%. That is one of the highest 18 month CD rates at banks available from any bank. 3 year IRA rates are also at 2.00% with an APY of 2.02% and 5 year IRA CD interest rates are at 2.25% with an APY of 2.27%.
Regular certificate of deposit rates include the bank's 1 month CD rate (min deposit $10,000) at .30% with an APY of 0.30%. That rate is better than most 3 month rates at banks these days. 12 month CD rates are at 1.05% with an APY of 1.06%.
Here is a list of the rest of Peoples Bank and Trust Company regular CD rates:
1 MONTH CD Rate 0.30% Yield 0.301%
3 MONTH CD Rate 0.40% Yield 0.401%
6 MONTH CD Rate 0.60% Yield 0.602%
1 YEAR CD Rate 1.05% Yield 1.055%
2 YEAR CD Rate 1.25% Yield 1.257%
3 YEAR CD Rate 1.25% Yield 1.257%
4 YEAR CD Rate 1.5% Yield 1.501%
For a list of current CD rates at Peoples Bank and Trust Company Bank and to find out more about the bank go to peopleshazard.com.
RatesORama.com Average Mortgage Rates
CD Rates Remain Low as Majority of Fed Officials Indicate They Did Not Expect to Increase Rates Until 2015