Central Penn Bank & Trust: Savings Accounts, CDs, Money Market & Rates

Updated: 8/19/2026

Mission: Banksparency aims to make Central Penn Bank & Trust's deposit accounts transparent and comparable to the market.

Interest rates reported as APY

Analysis of Central Penn Bank & Trust

Our verdict

Central Penn Bank & Trust offers Personal Money Market, a money market account paying 1.25% APY with no minimum deposit.

At 1.25% APY, Central Penn Bank & Trust pays above the national money market average of 0.63%.

Additional Accounts

a savings account at 0.15% APY.
Money Market, a business money market account at 0.25% APY.
Club Account, a club savings account at 0.15% APY.

Ideal User Profile

Best for: simple saving without extra requirements.

CD Analysis

Central Penn Bank & Trust also offers CDs paying up to 1.15% APY on its 60 months term, across 8 term lengths.

Tracking 9 active CD products, useful for locking in today's rate before further moves at the Fed.

Best CD use: locking in 1.15% APY for a 60 months term and laddering across multiple maturities.

IRA Analysis

Central Penn Bank & Trust also offers an IRA savings account paying up to 1.15% APY across 9 IRA products.

Tracking 9 active IRA savings products, useful for tax-advantaged retirement savings.

Best IRA use: tax-advantaged retirement saving.

Important Considerations

Money Market is a business money market account. Available to business customers.

Club Account is a club savings account. Designed for scheduled deposits toward a set payout date.

No app ratings available for this bank.

iOS app rating is not available.

Android app rating is not available.

Deposit Accounts Overview

Money Market

Savings

0.25% APY

Min: $5,000 Branch Access

Rank #200 of 337 tracked.

Club Account

Savings

0.15% APY

No Minimums Branch Access

Rank #228 of 337 tracked.

Savings Account

Savings

0.15% APY

Tiered Range: 0.15% - 0.15%

No Minimums Branch Access

Rank #229 of 337 tracked.

Personal Money Market

Money Market

This institution offers rates below the top 10 savings and money market accounts we track. Those institutions all pay at least 4.01% APY.

See Top Rates

National Avg: 0.38% (FDIC, 8/1/2026).
Banksparency tracks live rates daily.

Bank Overview

HQ LocationMifflinburg, PA
Deposit InsuranceFDIC Insured(Cert: 10685)

Visit Official Website

Featured Offers

Axos ONE - High Yield Savings & Checking

Over 95,000 fee-free ATMs
Get paid up to 2 days early with Direct Deposit
One convenient app for spending & saving

FDIC Insured

Savings4.21%APY

Checking0.51%APY

Go to Axos Bank

FDIC or NCUA insured

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	0
Min. Balance in Savings Account	0
How to qualify for APY	OPTION ADirect Deposit $1,500+ AND Maintain $1,500+ avg daily checking balance. OR OPTION BDeposit $5,000+ total/mo AND Maintain $5,000+ avg daily checking balance.
Mobile Ratings	iOS:4.7 Android:4.5

The APY is available with the Axos ONE savings and checking bundle. The checking account also earns interest. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000.

EASY TRANSFERS, LOW MINIMUMS

SponsoredVerified Aug 19, 2026

FDIC Insured

Quontic High Yield Savings

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No monthly service fees
Transfer with Zelle, Apple Pay, G-Pay, and more

FDIC Insured

Savings3.20%APY

Go to Quontic Bank

FDIC or NCUA insured

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	10000
Min. Balance in Savings Account	0
Mobile Ratings	iOS:4.8 Android:4.9

Deposit Accounts: In-Depth View

Savings Accounts Offered by Central Penn Bank & Trust

Feature	Club Account	Savings Account
APY	0.15%Verified: 8/19/2026	0.15%Verified: 8/19/2026
APY Trend	N/A	N/A
Min. Deposit	N/A	$0
Min. Balance	N/A	N/A
Monthly Fee	N/A	N/A
Direct Deposit	None	None
Checking Bundle	No	No
In-Branch Access	Yes	Yes
Compounding	quarterly	quarterly
FDIC Insured	Yes	Yes
Eligibility	United States	United States
Next Steps	-	-

Interactive Tool

Calculate Savings for Central Penn Bank & Trust

All calculations are based on APY.

Choose savings account

Initial deposit

Recurring deposit

Frequency

Duration

Savings Breakdown

Interest Earned
+$143.70(0.8%)
Total Contributions
$13,000
Initial Deposit
$5,000

Projected Balance

$18,143.70

Effective APY

0.25%

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

Central Penn Bank & Trust Deposit Rates Over Time

No historical data available.

Compare with Central Penn Bank & Trust

Feature	Current View Central Penn Bank & Trust	Empty Slot
Product		-
APY	0.15%Verified: 8/19/2026	-
APY Trend	N/A	-
Min. Deposit	N/A	N/A
Monthly Fee	N/A	-
Direct Deposit	No	-
Checking Bundle	No	-
In-Branch Access	Yes	-
Eligibility	United States	-
Compounding	quarterly	-
FDIC or NCUA Insured	Yes	-
Next Steps	-	-

CD Overview

1.15% Highest APY

Across 9 CD products with terms: 48 months, 24 months, 30 months, 60 months, 6 months, 12 months, 18 months, 36 months

CD Products Offered by Central Penn Bank & Trust

Feature	6-Month CD Rates 6 months	12-Month CD Rates 12 months	12-Month var. eff. 4/15 *+ incl Jumbo 12 months	18-Month CD Rates 18 months	24-Month CD Rates 24 months	30-Month CD Rates 30 months	36-Month CD Rates 36 months	48-Month CD Rates 48 months	60-Month CD Rates 60 months
APY	0.60%Verified: 8/19/2026	0.70%Verified: 8/19/2026	0.25%Verified: 8/19/2026	0.75%Verified: 8/19/2026	0.80%Verified: 8/19/2026	0.85%Verified: 8/19/2026	1.00%Verified: 8/19/2026	1.05%Verified: 8/19/2026	1.15%Verified: 8/19/2026
Term	6 months	12 months	12 months	18 months	24 months	30 months	36 months	48 months	60 months
Min. Deposit	$500	$500	$500	$500	$500	$500	$500	$500	$500
Early Withdrawal	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FDIC Insured	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes

Central Penn Bank & Trust CD Rates Over Time

Money Market Accounts Offered by Central Penn Bank & Trust

Feature	Personal Money Market
APY	1.25%Range: 0.25% - 1.25%Verified: 8/19/2026
Min. Deposit	N/A
Min. Balance	N/A
Monthly Fee	N/A
Direct Deposit	None
In-Branch Access	Yes
Compounding	quarterly
FDIC Insured	Yes
Eligibility	United States

Alternatives to Central Penn Bank & Trust

Banks with Higher/Similar Savings APY

For a top list of the highest savings rates, see all HYSA top rates

Security Bank Minnesota

Economy Savings $25 min.: 0.25% APY

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Freedom Bank

Platinum Money Market Account (Personal): 0.40% APY

Minimum Deposit: $0

Choice Money Market Account (Personal): 0.25% APY

Minimum Deposit: $0

Business Savings: 0.15% APY

Minimum Deposit: $0

Small Business Money Market Account: 0.25% APY

Minimum Deposit: $0

Minor Savings: 0.15% APY

Minimum Deposit: $0

Freedom Savings Account: 3.00% APY

Minimum Deposit: $0

High Yield Savings: 0.40% APY

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Choice Business Money Market Account: 0.25% APY

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Statement Savings: 0.15% APY

Minimum Deposit: $0

UNICO Bank

Christmas Club Savings: 2.50% APY

Minimum Deposit: $1

First County Bank

First Business Money Market: 0.03% APY

Minimum Deposit: $50

First Tiered Money Market: 0.03% APY

Minimum Deposit: $1

First Business Savings: 0.03% APY

Minimum Deposit: $50

First Savings: 0.03% APY

Minimum Deposit: $1

FirstPrize $avings: 0.03% APY

Minimum Deposit: $1

IRA Money Market: 0.03% APY

Minimum Deposit: N/A

FirstMaturedCD Savings: 4.00% APY

Minimum Deposit: $1

Climate First Bank

Super Savings: 3.56% APY

Minimum Deposit: $50

Youth Savings: 3.56% APY

Minimum Deposit: $25

Impact Money Market: 3.96% APY

Minimum Deposit: $50,000

Super Duper Savings Account: 4.01% APY

Minimum Deposit: $50

Business Money Market: 4.26% APY

Bundled Savings & Checking Account

Minimum Deposit: $50

Federation Bank

Statement Savings: 0.05% APY

Minimum Deposit: $50

Christmas Club: 0.05% APY

Minimum Deposit: $10

IRA Savings: 0.05% APY

Minimum Deposit: $250

Pennysavers: 0.05% APY

Minimum Deposit: $10

HSA Checking: 0.05% APY

Minimum Deposit: $50

Earnings Money Market: 0.75% APY

Minimum Deposit: $25,000

Money Market: 0.35% APY

Minimum Deposit: $1,000

Petefish, Skiles & Co.

Health Savings: 3.03% APY

Minimum Deposit: N/A

Regular Savings: 0.20% APY

Minimum Deposit: N/A

IRA Floating Rate: 1.96% APY

Minimum Deposit: $1,000

Investor Fund: 0.25% APY

Minimum Deposit: N/A

Investor Elite: 0.75% APY

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