Deposit Rates
Active as of 12.21.2024
Personal Checking Accounts
| Product | Minimum to Open | Minimum Daily Balance to Earn APY | APY* | How to Open |
|---|---|---|---|---|
| myFree Checking | $25.00 | n/a | n/a | Open Now |
| myPrime Checking | $25.00 | n/a | n/a | Open Now |
| Max Yield Checking** | $25.00 | $1,500.00 | .10% | Open Now |
| $0.01 | .05% | |||
| myDirect Interest Checking*** | $25.00 | $0.01 | .05% | Open Now |
| Student Checking | $25.00 | n/a | n/a | Open Now |
DISCLOSURES*
Interest Rates are subject to change without notice after account opening.
**Must maintain a minimum daily balance of $1,500.00 to avoid the $15.00 monthly service charge and to obtain the disclosed Annual Percentage Yield (APY). Annual Percentage Yield (APY) subject to change without notice after account opening. Fees could reduce the earnings on selected accounts listed above.
***$10.00 monthly service charge without Direct Deposit. First direct deposit must occur within 30 days after account is opened. Must have an automatic direct deposit credited to the account at least once per month. Annual Percentage Yield (APY) subject to change without notice after account opening. Fees could reduce the earnings on selected accounts listed above.
Personal Saving Accounts
| Product | Minimum to Open | Minimum Daily Balance to Earn APY | APY* | How to Open |
|---|---|---|---|---|
| Save myChange** | $5.00 | $5,000.00 | .05% | Contact Us |
| $0.01 | .50% | |||
| Basic Savings | $5.00 | $0.01 | .05% | Open Now |
| Personal Money Market*** | $2,500.00 | $75,000.00 | .25% | Contact Us |
| $50,000.00 | .15% | |||
| $25,000.00 | .10% | |||
| $2,500.00 | .05% | |||
| Max Yield Money Market**** | $2,500.00 | $500,000.00 | 3.00% | Contact Us |
| $50,000.00 | 3.00% | |||
| $2,500.00 | 3.00% | |||
| Individual Retirement Statement Savings | $100.00 | $100.00 | .05% | Contact Us |
| Holiday Club Savings | $1.00 | $0.01 | .05% | Contact Us |
DISCLOSURES
Interest Rates are subject to change without notice after account opening. Annual Percentage Yield (APY) subject to change without notice after account opening. Fees could reduce the earnings on selected accounts listed above.
**Must conduct 4 debit transactions per statement cycle in associated checking account to earn the higher rate. Otherwise, the rate will be calculated using the lowest tier.
***Must maintain a minimum daily balance of $2,500.00 to avoid the $10.00 service charge and to obtain the disclosed Annual Percentage Yield (APY).
****Must maintain a minimum daily balance of $2,500.00 to avoid the $10.00 service charge and to obtain the disclosed Annual Percentage Yield (APY). Must have an active Max Yield Checking Account to obtain the higher rate of interest. If the checking is closed at anytime of the month, the account will pay the current Personal Money Market rate of interest.
Business Checking Accounts
| Product | Minimum to Open | Minimum Daily Balance to Earn APY | APY* | How to Open |
|---|---|---|---|---|
| Business Interest Checking^ | $25.00 | $0.01 | .05% | Contact Us |
| $5,000.00 | .10% | |||
| Free Business Checking | $25.00 | n/a | n/a | Contact Us |
DISCLOSURES*
*Annual Percentage Yield (APY) subject to change without notice. Fees could reduce the earnings on selected accounts listed above.
^Must maintain a minimum daily balance of $5,000.00 to avoid the $10.00 monthly service charge and to obtain the disclosed Annual Percentage Yield (APY).
Business Savings Accounts
| Product | Minimum to Open | Minimum Daily Balance to Earn APY | APY* | How to Open |
|---|---|---|---|---|
| Business Savings Account | $5.00 | $100.00 | .05% | Contact Us |
| Business Money Market** | $2,500.00 | $75,000.00 | .25% | Contact Us |
| $50,000.00 | .15% | |||
| $25,000.00 | .15% | |||
| $2,500.00 | .10% | |||
| Business Max Yield Money Market*** | $2,500.00 | $500,000.00 | 3.00% | Contact Us |
| $50,000.00 | 3.00% | |||
| $2,500.00 | 3.00% |
DISCLOSURES*
*Annual Percentage Yield (APY) subject to change without notice. Fees could reduce the earnings on selected accounts listed above.
**Must maintain a minimum daily balance of $2,500.00 to avoid the $10.00 service charge and to obtain the disclosed Annual Percentage Yield (APY).
***Must maintain a minimum daily balance of $2,500.00 to avoid the $10.00 service charge and to obtain the disclosed Annual Percentage Yield (APY). Must have an active Business Checking Account to obtain the higher rate of interest. If the checking is closed at anytime of the month, the account will pay the current Personal Money Market rate of interest.
Certificates of Deposit
| Term | Minimum to Open | Minimum Daily Balance to Earn APY | APY* | How to Open |
|---|---|---|---|---|
| 3 Months | $500.00 | $500.00 | .10% | Contact Us |
| 6 Months | $500.00 | $500.00 | 3.75% | Contact Us |
| 7 Months | $500.00 | $500.00 | 4.50% | Open Now |
| 9 Months | $500.00 | $500.00 | 3.00% | Open Now |
| 10 Months | $500.00 | $500.00 | 4.00% | Open Now |
| 12 Months | $500.00 | $500.00 | 3.00% | Contact Us |
| 15 Months | $500.00 | $500.00 | 3.25% | Contact Us |
| 18 Months | $500.00 | $500.00 | 3.51% | Open Now |
| 24 Months | $500.00 | $500.00 | .35% | Contact Us |
| 30 Months | $500.00 | $500.00 | .40% | Contact Us |
| 36 Months | $500.00 | $500.00 | .45% | Contact Us |
| 48 Months | $500.00 | $500.00 | .55% | Contact Us |
| 60 Months | $500.00 | $500.00 | .65% | Contact Us |
DISCLOSURES
Interest Rates are subject to change without notice and offer may be withdrawn at any time.
*Annual Percentage Yield (APY) are accurate as of the date reflected above. APY assumes principal and interest remain on deposit for the term of the certificate. Minimum to open a Certificate of Deposit (CD) or earn APY is $500. All CDs are available for Individual Retirement (IRA) deposits. Fees could reduce the earnings. A penalty will be imposed for early withdrawal. We offer two (2) penalty free withdrawals on all new and rollover CD’s, penalty will apply if withdrawal is taken in the first week after opening. For IRA accounts, additional IRS penalties may apply. Consult your tax advisor.
Credit Cards
Credit Card Rates
DISCLOSURES
Annual Percentage Rate (APR) are lowest and subject to change without notice. The advertised APR is based on a credit score of 700 or higher. Other rates are available based on creditworthiness. APR (Annual Percentage Rate) for purchases, balance transfers, and cash advances- A fixed introductory rate of 0.00% will apply through your account’s first twelve billing cycles. After that, your variable APR will be 7.75%-18.00 (as of 11.08.2024). This APR will vary with the market based on Wall Street Prime & creditworthiness.
Auto & Personal Loans
Active as of 12.21.2024
Auto Loans
Model Years 2022-2025
DISCLOSURES
*Annual Percentage Rate (APR) are lowest and subject to change without notice. Advertised APR is based on a credit score of 700 and a maximum Loan-To-Value (LTV) of 120%. Published rate includes a 0.25% discount given when you maintain automatic electronic payments. To qualify for the automatic payment rate discount, loan payments must be made automatically from an internal People’s checking account. An ACH authorization form must be completed at closing. Rate is subject to increase upon cancellation or cessation of the discount program. Other rates available based on creditworthiness. Monthly payment is advertised for the full term of the loan.
**Minimum loan amount of $25,000 with maximum mileage of 25,000 with terms of 84 months.
- 2022-2025 Auto Loan (5.45% APR): 63 monthly payments of $18.19 per $1,000 borrowed.
- 2022-2025 Auto Loan (5.59% APR): 66 monthly payments of $17.63 per $1,000 borrowed.
- 2022-2025 Auto Loan (5.75% APR): 72 monthly payments of $16.46 per $1,000 borrowed.
- 2022-2025 Auto Loan (5.75% APR): 75 monthly payments of $15.90 per $1,000 borrowed.
- 2022-2025 Auto Loan (6.99% APR): 84 monthly payments of $15.09 per $1,000 borrowed.
Auto Loans
Model Years 2019-2021
DISCLOSURES
Interest Rates are subject to change without notice.
* Annual Percentage Rate (APR) subject to change without notice. Advertised APR is based on a credit score of 700 and a maximum Loan-To-Value (LTV) of 120%. Published rates includes a 0.25% discount given when you maintain automatic electronic payments. To qualify for the automatic payment rate discount, loan payments must be made automatically from a People’s checking account. An ACH authorization form must be completed at closing. Rate is subject to increase upon cancellation or cessation of the discount program. Other rates available based on creditworthiness. Monthly payment is advertised for the full term of the loan.
- 2019-2021 Auto Loan (5.75% APR): 63 monthly payments of $18.43 per $1,000 borrowed.
- 2019-2021 Auto Loan( 5.99% APR): 66 monthly payments of $17.82 per $1,000 borrowed.
- 2019-2021 Auto Loan (5.99% APR): 72 monthly payments of $16.57 per $1,000 borrowed.
- 2019-2021 Auto Loan (5.99% APR): 75 monthly payments of $16.02 per $1,000 borrowed.
- 2016-2018 Auto Loan (6.49% APR): 63 monthly payments of $18.77 per $1,000 borrowed.
- 2016-2018 Auto Loan (6.49% APR): 66 monthly payments of $18.06 per $1,000 borrowed.
- 2015 Auto Loan (9.49% APR): 60 monthly payments of $21.00 per $1,000 borrowed.
Motorcycle Loans
Model Years 2016-2024
DISCLOSURES
*Annual Percentage Rate (APR) is lowest available and subject to change without notice. Advertised APR is based on a credit score of 700 and a maximum Loan-To-Value (LTV) of 90%. Other rates available based on creditworthiness. Monthly payment is advertised for the full term of the loan. New loans only.
- 2021-2024 Motorcycle Loan (7.49% APR): 60 monthly payments of $20.04 per $1,000 borrowed.
- 2019-2020 Motorcycle Loan (7.99% APR): 72 monthly payments of $17.53 per $1,000 borrowed.
Personal Loan
| Product | APR* as low as | Apply |
|---|---|---|
| Any Purpose Loan | 9.99% | Apply Now |
DISCLOSURES
*Annual Percentage Rate (APR) are lowest and subject to change without notice. Advertised APR based on a credit score of 700 or higher. Other rates available based on creditworthiness. Maximum amount of loan: $15,000.
- Any Purpose Loan (9.99% APR): 24 monthly payments of $46.14 per $1,000 borrowed.
Personal Line of Credit
Adjustable Rate
| Product | APR* as low as | Apply |
|---|---|---|
| Line of Credit | 14.75% | Apply Now |
DISCLOSURES
*Annual Percentage Rate (APR) are lowest and subject to change without notice. Advertised APR based on a credit score of 700 or higher. Other rates available based on creditworthiness. Maximum amount of line: $15,000.
- Any Purpose Loan (15.25% APR): varies per $1,000 borrowed.
Mortgage & Home Equity Rates
Active as of 12.21.2024
Fixed Rate Mortgage
| Product | Interest Rate | Points | APR* | Apply |
|---|---|---|---|---|
| 15 Year Fixed Rate | 6.00% | 0 | 6.13% | Apply Now |
| 20 Year Fixed Rate | 6.25% | 0 | 6.36% | Apply Now |
| 30 Year Fixed Rate | 6.375% | 0 | 6.49% | Apply Now |
DISCLOSURES
*Annual Percentage Rates (APR) are lowest available and subject to change without notice. Account subject to individual approval. Conditions and/or restrictions may apply. Rates do not take into consideration possible adjustments based on applicant’s credit score, loan-to-value, combined loan-to-value, subordinate financing, occupancy, appraised value, down payment, property type, property use and loan purpose. Property insurance (and flood insurance if applicable) required. Payment amounts shown do not include taxes and insurance premiums which will result in a higher actual monthly payment. Mortgage insurance required if loan to value exceeds 80%.
- 15 Year Fixed Rate Mortgage at 6.00% (6.13% APR): 180 monthly payments of $8.44 per $1,000 borrowed
- 20 Year Fixed Rate Mortgage at 6.25% (6.36% APR): 240 monthly payments of $7.31 per $1,000 borrowed
- 30 Year Fixed Rate Mortgage at 6.375% (6.46% APR): 360 monthly payments of $6.46 per $1,000 borrowed
Adjustable Rate Mortgage
DISCLOSURES
*Annual Percentage Rates (APR) are lowest available and subject to change without notice. Rate may increase after closing. Account subject to individual approval. Conditions and/or restrictions may apply. Rates do not take into consideration possible adjustments based on applicant’s credit score, loan-to-value, combined loan-to-value, occupancy, appraised value, down payment, property type, property use and loan purpose. Property insurance (and flood insurance if applicable) required. Payment amounts shown do not include taxes and insurance premiums which will result in a higher actual monthly payment. Mortgage insurance required if loan to value exceeds 80%.
- 10/1 Adjustable Rate Mortgage at 6.375% (6.63% APR): 360 monthly payments of $6.24 per $1,000 borrowed
- 7/1 Adjustable Rate Mortgage at 6.25% (6.63% APR): 360 monthly payments of $6.16 per $1,000 borrowed
- 5/1 Adjustable Rate Mortgage at 6.00% (6.56% APR): 360 monthly payments of $6.00 per $1,000 borrowed
Rate Reduction Mortgage
| Product | Interest Rate | Points | APR* | Apply |
|---|---|---|---|---|
| 30-Year Fixed Rate | 6.375% | 0 | 6.46% | Apply Now |
DISCLOSURES
30-year Fixed Rate Reduction Mortgage. Borrower may reduce the rate twice over the life of the loan via phone call or branch visit. Each reduction may lower the rate to the then current People’s Credit Union 30-year Fixed Rate Mortgage rate with no points, subject to a maximum decrease of .75% per change; up to 1.5% over the life of the loan. First rate reduction can be made as early as 12 months after loan origination; second request must be at least 12 months after the first reduction. No fees for exercising rate reduction feature; this feature is different from paying points to reduce the interest rate at loan origination. Rate as of 9/19/24 and subject to change without notice. Loan subject to individual approval. 1-4 family, owner-occupied, primary and secondary residence properties only; condos ok. Conditions and/or restrictions may apply. Rate does not consider possible adjustments based on applicant credit score, loan-to-value, combined loan-to-value, subordinate financing, occupancy, appraised value, down payment, property type, property use and loan purpose. Property insurance and flood insurance (if applicable) required. Mortgage insurance required if loan-to-value exceeds 80%. Repayment example: 30 Year Fixed Rate Mortgage at 6.625% (6.71% APR): 360 monthly payments of $6.40 per $1,000 borrowed. Payments do not include amounts for taxes and insurance premiums; if applicable, and that the actual payment obligation will be greater.
30 Year Fixed Rate Mortgage at 6.375% (6.46% APR): 360 monthly payments of $6.24 per $1,000 borrowed
Active as of 12.21.2024
First Time Home Buyer Mortgage
| Product | Interest Rate | Points | APR* |
|---|---|---|---|
| Year 1* | 5.625% | 0 | 6.46% |
| Year 2* | 5.875% | 0 | 6.46% |
| Year 3* | 6.125% | 0 | 6.46% |
| Year 4-30* | 6.375% | 0 | 6.46% |
DISCLOSURES
*Annual Percentage Rates (APR) are lowest available and subject to change without notice.” Rate for years 4 – 30 is the “Base Rate”. Rate for year 1 is Base Rate minus 0.75%; year 2 is Base Rate minus 0.50%; year 3 is Base Rate minus 0.25%. Account subject to individual approval. Conditions and/or restrictions may apply. Rates do not take into consideration possible adjustments based on applicant’s credit score, loan-to-value, combined loan-to-value, occupancy, appraised value, down payment, property type, property use and loan purpose. Payment amounts shown do not include taxes and insurance premiums which will result in a higher actual monthly payment. Property insurance (and flood insurance if applicable) required. Mortgage insurance required if loan to value exceeds 80%. All borrowers must be a first time home buyer.
- First Time Home Buyer Mortgage, year 1 at 5.625% (6.46% APR): 12 monthly payments of $5.76 per $1,000 borrowed
- First Time Home Buyer Mortgage, year 2 at 5.875% (6.46% APR): 12 monthly payments of $5.92 per $1,000 borrowed
- First Time Home Buyer Mortgage, year 3 at 6.125% (6.46% APR): 12 monthly payments of $6.08 per $1,000 borrowed
- First Time Home Buyer Mortgage, years 4-30 at 6.375% (6.46% APR): 324 monthly payments of $6.24 per $1,000 borrowed
Construction and Land Loans
| Product | Interest Rate | POINTS | APR* |
|---|---|---|---|
| Construction to Permanent Fixed Rate | 6.375% | .50 | 6.44% |
| Land Loan | Rates quoted individually - Call for rate |
DISCLOSURES
*Rate is lowest available and subject to change without notice. Account subject to individual approval. Conditions and/or restrictions may apply. Rates do not take into consideration possible adjustments based on applicant’s credit score, loan-to-value, combined loan-to-value, occupancy, appraised value, down payment, property type, property use and loan purpose. Property insurance (and flood insurance if applicable) required. Construction Loan term is 31 years fixed rate – 12 months interest-only followed by 30 years principal and interest. Land Loan maximum term is 180 months.
Land Loan – Maximum LTV 70%. 15 Year Term. Borrower must provide proof that residential construction will be allowed.
Construction Loan at 6.375% (6.44% APR): 360 monthly payments of $5.31 per $1,000 borrowed
Centennial Home Equity Line of Credit
First and Second Position
DISCLOSURES
*Annual Percentage Rates (APR) are lowest available and subject to change without notice. First or second lien position. Maximum loan-to-value of 80% for owner-occupied first and second homes, and 70% for investment properties. Variable rate based on Wall Street Journal Prime Rate (Prime) + a margin determined by individual creditworthiness and property type. 10 year draw period, interest-only payments; then 15 years principal and interest payments. Property insurance (and flood insurance if applicable) required. Account subject to individual approval. 1-4 family properties only. Minimum credit score for all investment property borrowers is 700. Borrower to pay all appraisal fees and closing costs for investment property loans, and owner-occupied property loans over $250,000. APR will not exceed 18% in RI, MA or CT and will not fall below 4.00%. No annual fee. Other conditions may apply.
Fixed Rate Home Equity Loan
First and Second Position
| Product | Interest Rate | Points | APR* | Apply Now |
|---|---|---|---|---|
| 10 Years | ||||
| Primary Residence | 6.375% | 0 | 6.375% | Apply Now |
| Second Home | 6.875% | 0 | 6.875% | Apply Now |
| Investment Property | 7.375% | 0 | 7.375% | Apply Now |
| 15 Years | ||||
| Primary Residence | 6.49% | 0 | 6.49% | Apply Now |
| Second Home | 6.99% | 0 | 6.99% | Apply Now |
| Investment Property | 7.49% | 0 | 7.49% | Apply Now |
| 20 Years | ||||
| Primary Residence | 6.99% | 0 | 6.99% | Apply Now |
| Second Home | 7.49% | 0 | 7.49% | Apply Now |
| Investment Property | 7.99% | 0 | 7.99% | Apply Now |
DISCLOSURES
*Annual Percentage Rates (APR) are the lowest available and subject to change without notice. First or second lien position. Maximum loan-to-value of 80% for owner-occupied first and second homes and 70% for investment properties. Interest rate will be determined by individual creditworthiness and property type. Property insurance (and flood insurance if applicable) required. Account subject to individual approval. 1-4 family properties only. Minimum credit score for all investment property borrowers is 700. Borrower to pay all appraisal fees and closing costs for investment property loans, and owner-occupied property loans over $250,000. Other conditions may apply. Repayment examples: owner-occupied primary residence loan at 6.99% APR, 240 monthly payments of $7.75 per $1,000 borrowed; owner-occupied second home loan at 7.49% APR, 240 monthly payments of $8.05 per $1,000 borrowed; investment property loan at 7.99% APR, 240 monthly payments of $8.36 per $1,000 borrowed.
