First Peoples Community Federal Credit Union is offering a 3.75% APY 39 month CD and a 4% APY 5 year certificate of deposit. The minimum deposit for these CDs is $5,000. First Peoples also has some good short term CD rates with a 2.5% APY 6 month CD, a 3% APY 1 year CD and a 3.2% APY 2 year CD. The minimum deposit for these CDs is just $1,000 and all the rates for one year or longer are also available as IRA CD interest rates.
First Peoples also has a reward checking account with a 2% APY for balances up to $25,000. It’s not the best rate you can get for a rewards checking account but it’s alright.
Membership to First Peoples is open to anyone who lives or works in Allegany County or Garret County in Maryland, Somerset County, Pennsylvania or Mineral County, West Virginia.
First Peoples has a 3 out of 5 star soundness rating from bankrate.com and is insured by the NCUA.