The Peoples Bank of Bullitt County is offering competitive rates on CDs and its money market account. For a $1,000 minimum deposit, the best CD deals include a 2.01% APY 2-year CD, a 2.52% APY 4-year CD and a 2.77% APY 5-year CD. There's also a very competitive 9-month CD rate of 1.76% APY for a $100,000 minimum deposit. The rates for smaller deposits are also competitive: 1.51% APY for $50,000 and 1.26% APY for $10,000.
The money market investment account is a tiered-rate account with a top rate of 1.51% APY for a $100,000 minimum. It's 1.26% APY for balances between $10,000 and $100,000.
These rates are listed at the bank's rates page as of 4/27/2011.
It appears that a branch visit is required to open accounts. The People's Bank branches are located just south of Lexington, Kentucky in the cities of Shepherdsville, Lebanon Junction and Mount Washington.
The bank has an overall health score at DepositAccounts.com of 3 stars (out of 5) with a Texas Ratio of 35.10% (below average) based on December 2010 data. Please refer to our financial overview of The Peoples Bank for more details. The bank has been a FDIC member since 1934 (FDIC Certificate # 1884).
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