Dedicated to Deposits: Deals, Data, and Discussion

4.35% 11-Month / 4.35% 23-Month CD at a Florida Bank (Peoples First Community)


Peoples First Community Bank has a CD promotion with a yield of 4.35% APY for terms of 11 months and 23 months. The minimum deposit is $2,500. Customers must have or open a Peoples First checking account. This special doesn't seem to be listed at the bank's website. It was advertised in today's Daytona Beach Newspaper. The ad is available online here.

A branch visit appears to be required to open accounts. The ad lists the branch in Palm Coast. The bank has many other branches located across Central Florida, North Florida and the Florida Panhandle. If you live near these other branches, be sure to call to verify if these other branches will honor this special.

Update 7/3/08: A reader has been informed by the bank that this special CD is available at any of their branches.

The bank has been FDIC insured since 1983 (FDIC Certificate # 32167). It has a 3 star rating (adequate) at BauerFinancial based on 3/31/08 data.

Other High Certificate of Deposit Rates

This may be an example of a bank trying to compete with Wachovia's latest CD promotion which includes a 4.25% APY 12-month CD (see post).

For other CD deals, please refer to my nationwide CD rate list.

  Tags: CD rates, Florida

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Comment #1 by Anonymous posted on
I called and this rate is available at any of their branches. Of course she told me rates can change at any time.

Comment #2 by Banking Guy (anonymous) posted on
Banking Guy
Thanks for checking on this. Glad to read it's available at all of their branches.