A Peoples Bank Certificate of Deposit (CD) is a great way to build your savings without needing to worry about what is happening in the stock market.

A Peoples Bank CD will provide you with a guaranteed return, even during uncertain economic times.

With a Peoples Bank CD, you can enjoy financial security knowing your funds are FDIC-insured up to the maximum allowable limits. Investing in a CD can provide peace of mind whether you're saving for tomorrow, next year’s projects, college tuition, or retirement.

Contact us today to learn more about rates and terms available on a Peoples Bank CD.

Investing in a Peoples Bank Individual Retirement Account (IRA) can provide you with the perfect retirement nest egg.

As millions of Americans have already discovered, IRAs are one of the best retirement savings tools available today. More people than ever before are now eligible to benefit from the tax advantages available through IRAs.

Past legislation brought about sweeping changes related to retirement and other savings arrangements. The benefits of the changes include:

  • increased contribution limits,
  • catch-up contributions for individuals who attain age 50 before the end of the taxable year,
  • increased portability of assets between various plan types, and
  • other changes to rollover rules.

What makes IRAs such a great retirement savings tool are the special federal tax laws governing the taxation of amounts earned within an IRA. Earnings within Traditional IRAs are tax-deferred until they are distributed from the Traditional IRA. Earnings within Roth IRAs may be distributed tax-free, and Coverdell education savings accounts generally are not subject to federal taxes. What's more, Traditional IRA contributions are tax-deductible for many taxpayers. Over time, these special tax features can result in significantly larger IRA savings accumulations than what can be accomplished in ordinary savings tools.

Contact us today to learn more about how an IRA can help you in preparing for a comfortable retirement.