Competitive 18-Month CD Rate at The Peoples Bank in South Carolina - Local Only

The Peoples Bank is offering some competitive CD rates. The best one is a 2.10% APY 18-month CD. Other notable ones include a 1.65% APY 12-month CD and a 2.15% APY 24-month CD. Minimum deposit is $500. These rates are listed in the bank's rates page as of 4/22/2010.

The bank also offers a reward checking account, but the rate is a little low for reward checking (1.76% APY as of 4/22/2010). However, this applies to all balances.

It appears that a branch visit is required. Branches are located in the South Carolina cities of Anderson and Iva.

The bank's ratings for safety and soundness are fair: 3 stars (adequate) at BauerFinancial (based on 12/31/09 data) and 3 stars (performing) at Bankrate.com (based on 9/30/09 data). DepositAccount's health score for this bank is 2 out of 5. The bank has been a FDIC member since 1951 (FDIC Certificate # 16968).