The Peoples Community Bank
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Personal Services

Student Saver CD

For students up to age 25, this 4-year CD requires a minimum balance of only $250 to open and obtain the Annual Percentage Yield (APY). Unlimited deposits of $25 or more can be made at any time and funds may be withdrawn at maturity or up to twice in each post-high school calendar year without penalty. Funds not withdrawn at each successive 4-year maturity date renew automatically. A penalty for early withdrawal applies only until the student's graduation from high school and may invade principal. The interest rate is adjusted monthly to the higher of the average rate on 4-year U.S. Treasury Notes as published in the Wall Street Journal or the bank's 4-year CD.

The current interest rate on this account is .80% which produces an APY of .80% when the minimum balance is maintained. Both the interest rate and APY are updated daily and reflect today's date.