Personal Banking CD & IRA Accounts

7 Month CD Special

4.00% APY*

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Important Disclaimer Information:

*7 Month CD Special: APY refers to Annual Percentage Yield. CD refers to Certificate of Deposit. Interest rate of 3.941% and APY of 4.00% are accurate as of April 11, 2025, and is subject to discontinuation or change without notice. Providence Bank & Trust reserves the right to limit deposits. Individual Retirement Account (IRA) are eligible.  Minimum balance to open a CD or IRA and earn stated APY is $2,500.00. Fees may reduce earnings. Interest is compounded quarterly. Penalties may be imposed for early withdrawal.  At maturity, the 7 month CD will renew to a 12 month CD, at the rate we are paying on the date of maturity for a 12 month CD. Other terms and conditions may apply.

13 Month CD Special

3.50% APY*

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Important Disclaimer Information:

*13 Month CD Special: APY refers to Annual Percentage Yield. CD refers to Certificate of Deposit. Interest rate of 3.455% and APY of 3.50% are accurate as of April 11, 2025 and is subject to discontinuation or change without notice. Providence Bank & Trust reserves the right to limit deposits. Individual Retirement Account (IRA) are eligible. Minimum balance to open a CD or IRA and earn stated APY is $2,500.00. Fees may reduce earnings. Interest is compounded quarterly. Penalties may be imposed for early withdrawal. At maturity, the 13 month CD will renew to a 12 month CD, at the rate we are paying on the date of maturity for a 12 month CD. Other terms and conditions may apply.

For customers who value investing at a higher fixed rate of interest for a fixed term, Providence Bank & Trust Certificates of Deposit (CD) provide these advantages:

• Higher interest rate
• FDIC insured
• Terms from three months to five years*
• $2,500 minimum deposit for CDs with terms of three or six months
• $1,000 minimum deposit for CDs with terms of one year or longer
• Interest is compounded and can be transferred to your checking
  or savings account
• CDs automatically renew at maturity for the same term but at
  the interest rate offered for that term on the day of renewal

* A substantial penalty applies for early withdrawal.

For customers who value easy investing for retirement, Providence Bank & Trust IRA Certificates of Deposit provide these advantages:

• Higher interest rate
• FDIC insured
• Terms up to five years*
• IRA CDs allows additions during the term
• $1,000 minimum deposit
• Compounded interest paid quarterly
• CDs automatically renew at maturity for the same term but at
  the interest rate offered for that term on the day of renewal

* A substantial penalty applies for early withdrawal.