PeoplesBank CD Rates — October 2026
As of October 22, 2026, PeoplesBank's highest tracked CD rate is 3.75% APY on a 10-month promotional CD ($1,000 minimum). That is 2.1 times the FDIC national average for 12-month CDs (1.76%). Standard CD rates range from 0.05% to 0.40% APY.
Tracking began .
PeoplesBank CD rates
CD specials (10, 20 and 30 months) and standard CDs from 3 to 60 months with a $1,000 minimum to open. Early withdrawal penalties may apply.
APY = annual percentage yield. "vs. Treasury" compares each APY with the Treasury yield for the same term on 2026-10-21 (converted to APY). Treasury interest is exempt from state income tax; see the T-bill vs. CD calculator.
Watch the renewal rate
The best promotional rate here is 3.75% APY (10 months). The standard rate for a similar term is 0.05% APY (9 months). If the CD renews at the standard rate when it matures, $10,000 would earn about $370 less per year. Check the account terms and set a reminder before maturity.
Calculate the cost of auto-renewal · Set a maturity reminder
What are PeoplesBank's best CD rates by term?
PeoplesBank's best rate is 3.75% APY on 10 months, verified October 22, 2026.
- 3 mo0.05%
- 6 mo0.05%
- 9 mo0.05%
- 10 mo3.75%
- 12 mo0.10%
- 18 mo0.15%
- 20 mo3.50%
- 24 mo0.20%
- 30 mo3.00%
- 36 mo0.25%
- 48 mo0.30%
- 60 mo0.40%
How much interest could a PeoplesBank CD earn?
Estimated interest at maturity for the displayed institution quotes, before tax or early withdrawal penalties. Each estimate assumes the quoted APY applies to that balance and interest stays deposited. Estimates use known deposit tiers. Upper balance limits and membership, relationship or new-money requirements must be confirmed with the institution; these are conditional estimates, not personalized offers.
$311.36 interest · $10,311.36 at maturity on $10,000.00.
3.75% APY · 10 months · CD · Promotional · verified October 22, 2026.
Before tax; interest remains deposited. Confirm all product conditions. Estimate one-year purchasing power.
| Term | $5,000 | $10,000 | $25,000 | $50,000 |
|---|---|---|---|---|
| 3 months | $0.620.05% APY · CD · Standard | $1.250.05% APY · CD · Standard | $3.120.05% APY · CD · Standard | $6.230.05% APY · CD · Standard |
| 6 months | $1.250.05% APY · CD · Standard | $2.510.05% APY · CD · Standard | $6.270.05% APY · CD · Standard | $12.530.05% APY · CD · Standard |
| 9 months | $1.880.05% APY · CD · Standard | $3.750.05% APY · CD · Standard | $9.380.05% APY · CD · Standard | $18.770.05% APY · CD · Standard |
| 10 months | $155.683.75% APY · CD · Promotional | $311.363.75% APY · CD · Promotional | $778.413.75% APY · CD · Promotional | $1,556.823.75% APY · CD · Promotional |
| 12 months | $5.000.10% APY · CD · Standard | $10.000.10% APY · CD · Standard | $25.000.10% APY · CD · Standard | $50.000.10% APY · CD · Standard |
| 18 months | $11.260.15% APY · CD · Standard | $22.530.15% APY · CD · Standard | $56.320.15% APY · CD · Standard | $112.650.15% APY · CD · Standard |
| 20 months | $294.893.50% APY · CD · Promotional | $589.783.50% APY · CD · Promotional | $1,474.453.50% APY · CD · Promotional | $2,948.903.50% APY · CD · Promotional |
| 24 months | $20.020.20% APY · CD · Standard | $40.040.20% APY · CD · Standard | $100.100.20% APY · CD · Standard | $200.200.20% APY · CD · Standard |
| 30 months | $383.703.00% APY · CD · Promotional | $767.403.00% APY · CD · Promotional | $1,918.493.00% APY · CD · Promotional | $3,836.983.00% APY · CD · Promotional |
| 36 months | $37.590.25% APY · CD · Standard | $75.190.25% APY · CD · Standard | $187.970.25% APY · CD · Standard | $375.940.25% APY · CD · Standard |
| 48 months | $60.270.30% APY · CD · Standard | $120.540.30% APY · CD · Standard | $301.350.30% APY · CD · Standard | $602.710.30% APY · CD · Standard |
| 60 months | $100.800.40% APY · CD · Standard | $201.610.40% APY · CD · Standard | $504.020.40% APY · CD · Standard | $1,008.030.40% APY · CD · Standard |
How PeoplesBank compares
Compare the displayed terms, minimums and quote locations. Membership, relationship and new-money conditions may apply. Institution quotes below use the exact 304-day term. Regional peers quote a shared operating state; nationwide best is limited to our tracked sample.
This quote ranks 24 of 41 tracked institutions with fresh 304-day quotes (ties share a rank). Each other institution contributes its highest APY for that exact term; minimums and eligibility can differ.
| Institution / benchmark | Term | Minimum | Who can open | APY | Verified / source date |
|---|---|---|---|---|---|
| PeoplesBank (this institution)CD · Promotional | 10 months | $1,000 | Branches in CT, MA | 3.75% | October 22, 2026 |
| American Express National BankCertificate of Deposit (CD) · Promotional | 10 months | Not stated | Available nationwide | 4.40% | October 22, 2026 |
| Citizens Bank10-Month CD · Relationship | 10 months | $25,000 | Boston, MA · ZIP 02108 | 4.40% | October 22, 2026 |
| Eastern BankFeatured CD · Promotional | 10 months | $2,500 | Branches in MA, NH, RI | 4.15% | October 22, 2026 |
| Community First Credit Union (highest tracked APY for this term)CD Special: Pick Your Term · Promotional | 10 months | $5,000 | Membership required · branches in WI | 5.05% | October 22, 2026 |
| Treasury (APY-equivalent) | 10 months (term-matched estimate) | Depends on purchase method | Federal; interest exempt from state income tax | 4.51% | 2026-10-21 |
Rate changes
See changes across all tracked institutions
No changes since we started tracking PeoplesBank on October 22, 2026.
About PeoplesBank
- Legal name
- PeoplesBank
- Regulator ID
- FDIC 90213
- Headquarters
- Holyoke, MA
- Available in
- CT, MA
- Total assets
- $4.6 billion
- Also known as
- Website
- www.bankatpeoples.com
Source: rates read from https://www.bankatpeoples.com/home/personal/bank/savings/personal-rates. See the page text we read.
Frequently asked questions
What is the highest CD rate at PeoplesBank?
Among the rates we track, 3.75% APY on a 10-month promotional CD, as of October 22, 2026.
What is the minimum deposit for a PeoplesBank CD?
The lowest minimum we found is $1,000.
How does PeoplesBank's best CD rate compare with Treasury yields?
3.75% APY is −0.76% versus the 10-month Treasury yield of 4.51% (APY-equivalent) on 2026-10-21. Treasury interest is also exempt from state income tax.
Is 3.75% a good CD rate?
It is 2.1 times the FDIC national average for a similar term (1.76% as of 2026-10-19), which is a deposit-weighted average across all U.S. banks and credit unions. Online banks and promotional CDs often pay several times the national average.
Are PeoplesBank CDs insured?
PeoplesBank is an FDIC-insured bank (FDIC 90213). Deposits are insured up to $250,000 per depositor, per ownership category.
How often is this page updated?
We check PeoplesBank's rate page every day. The rates above were last verified on October 22, 2026.
More bank CD rates
Rates are copied from PeoplesBank's website and may change at any time. Confirm terms, minimums and eligibility with PeoplesBank before opening an account. This page is not financial advice.