People's Bank of Commerce savings, CD and money market rates
People's Bank of Commerce's High Yield Savings advertises 1.76% APY on balances between $1,000 and $5,001. It advertises 0.05% below $1,000 and 1.06% above $5,001.
The rate needs a linked account at the bank. On a $10,000 balance the account earns 0.01% overall, about $1 in a year, which is 0.37 percentage points below the national savings average of 0.38% (FDIC, Oct 2026).
Ranked #609 of 3121 tracked savings rates by advertised APY. For a $10,000 balance it would rank #3024.
Estimate your earnings·What People's Bank of Commerce actually pays
People's Bank of Commerce at a glance
| Savings | |
|---|---|
| Top savings APY | Up to 1.76% · High Yield Savings · balances of $1,000 to $5,001 only · needs a linked account at the bank |
| Minimum to open | $1,000 · High Yield Savings |
| Against the national average | 1.38 percentage points above the 0.38% FDIC savings average (Oct 2026) |
| CDs | |
| Top CD APY | 2.53% · 18 months · 18 Month CD |
| Minimum to open | $500 · 18 months CD |
| Money market | |
| Top money market APY | Up to 2.66% · Money Market Checking · needs at least $3,000,000 |
| Minimum to open | $100 · Money Market Checking |
| Against the national average | 2.03 percentage points above the 0.63% FDIC money market average (Oct 2026) |
| FDIC certificate | 34685 · Medford, OR |
|---|---|
| Website | www.peoplesbank.bank |
| Branches | 11 branches in OR |
| Availability | Available in OR |
People's Bank of Commerce savings, CD and money market rates
How the rate applies
How the rate applies
Rates are annual percentage yields (APY). A variable rate may change after the account is opened. Fees could reduce the earnings on the account. A penalty may be imposed for early withdrawal.
The national savings average is 0.38% (FDIC, Oct 2026). The top tracked savings rate on Banksparency is 12.00%. Across 59 savings accounts from 58 banks in the Banksparency core savings index, the median advertised rate is 3.66%, and one account in ten advertises 4.20% or more. See the highest savings rates.
People's Bank of Commerce CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| 3 months | 0.05% | $500 | 3 Month CD |
| 6 months | 2.02% | $500 | 6 Month CD |
| 9 months | 2.02% | $500 | 9 Month CD |
| 12 months | 2.27% | $500 | 12 Month CD |
| 18 months | 2.53% | $500 | 18 Month CD |
| 24 months | 2.53% | $500 | 24 Month CD |
| 36 months | 0.25% | $500 | 36 Month CD |
| 48 months | 0.35% | $500 | 48 Month CD |
| 60 months | 0.40% | $500 | 60 Month CD |
| 84 months | 0.60% | $500 | 84 Month CD |
| 120 months | 0.60% | $500 | 120 Month CD |
Interactive Tool
Calculate Savings for People's Bank of Commerce
All calculations are based on APY.
Tiered rates: 0.01% to 1.76% APY across 4 balance tiers.
Savings Breakdown
- Interest Earned+$228.80(1.6%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$14,228.80
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What People's Bank of Commerce pays on deposits
FDIC call report data
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
The two figures answer different questions, so they sit side by side and are not combined. The 1.76% applies to balances from $1,000 to $5,001. Below $1,000, the account advertises 0.05%. A balance above $5,001 earns 1.06% on the whole amount.
In Q2 2026, People's Bank of Commerce paid a higher average rate on savings and money market deposits than 66% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- People's Bank of Commerce, savings and money market
- All-bank median
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| High Yield Savings | Up to 1.76% | $1,000 | $0 | $5,000.99 | $10 monthly service charge, waived by maintaining a $1,000 minimum average daily balance. | Linked account at the bank | Tiered | |
| Fine print: An active People's Bank checking account is required, and the opening deposit must be money that is not already on deposit at the bank. The highest rate band ends at $5,000.99. Balances above that band earn a lower rate, and balances of $10,000 or more earn the lowest rate on the account. | ||||||||
| Savings | 0.05% | $100 | $0 | None | $3 monthly service charge, waived with a $200 minimum average daily balance, and no charge for account owners under 18 or 50 and over. | None | One rate | |
| Money Market Checking | Up to 2.66% | $100 | $0 | None | $10 monthly service charge, waived by maintaining a $1,000 minimum average daily balance. | None | Tiered | |
Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
CDs
| Product | Term | APY | Min to open | Early withdrawal fee | Compounding |
|---|---|---|---|---|---|
| 3 Month CD | 3 months | 0.05% | $500 | not stated | not stated |
| 6 Month CD | 6 months | 2.02% | $500 | not stated | not stated |
| 9 Month CD | 9 months | 2.02% | $500 | not stated | not stated |
| 12 Month CD | 12 months | 2.27% | $500 | not stated | not stated |
| 18 Month CD | 18 months | 2.53% | $500 | not stated | not stated |
| 24 Month CD | 24 months | 2.53% | $500 | not stated | not stated |
| 36 Month CD | 36 months | 0.25% | $500 | not stated | not stated |
| 48 Month CD | 48 months | 0.35% | $500 | not stated | not stated |
| 60 Month CD | 60 months | 0.40% | $500 | not stated | not stated |
| 84 Month CD | 84 months | 0.60% | $500 | not stated | not stated |
| 120 Month CD | 120 months | 0.60% | $500 | not stated | not stated |
Opening and using the account
| Availability | Available in OR |
|---|---|
| Footprint | 11 branches in OR |
| Eligibility | not stated |
How People's Bank of Commerce behaves over time
Every observation of the advertised High Yield Savings rate in the last 12 months was 1.76% (observed through Oct 28, 2026). The series includes promotional tiers where one applied.
- 18 months CD
- The same as 30 days ago.
- Rate last changed
- Aug 23, 2026(effective date)
$10,000 in People's Bank of Commerce's High Yield Savings earns 0.01% overall at the advertised rates, so it grows to $10,001 in a year. Prices rose 3.7% in the year to September 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,640 does today. See how the federal funds rate shapes savings rates.
People's Bank of Commerce CD rates over time
Who is People's Bank of Commerce?
| Headquarters | Medford, OR |
|---|---|
| Founded | 1998 |
| Scale | $777M assets · $618M deposits, $389M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 34685 |
| Charter state | Oregon · one of 13 insured banks chartered there (Q2 2026, FDIC) |
| Size | 1,321st-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 2% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What People's Bank of Commerce pays on deposits above.
Common questions about People's Bank of Commerce
Is People's Bank of Commerce FDIC insured?
Yes. People's Bank of Commerce is FDIC insured under certificate 34685, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at People's Bank of Commerce?
People's Bank of Commerce requires a minimum deposit of $1,000 to open its High Yield Savings account, as observed on Oct 28, 2026. Check the bank's current terms before you open an account.
Does the 1.76% apply to my whole balance?
The 1.76% applies to balances from $1,000 to $5,001. Below $1,000, the account advertises 0.05%. A balance above $5,001 earns 1.06% on the whole amount. The rate needs a linked account at the bank.
Does People's Bank of Commerce have branches?
Yes. People's Bank of Commerce operates 11 branches according to FDIC branch records, in addition to its website and mobile apps.
People's Bank of Commerce against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| People's Bank of Commerce | Up to1.76% | 1.88% | $1,000 | 11 branches in OR |
| Security Bank | 1.76% | 3.23% | $100 | 1 branch in OK |
| The Cecilian Bank | 1.76% | 0.48% | $50,000 | 19 branches in KY |
| First Piedmont Federal Savings and Loan Association of Gaffney | 1.77% | 1.66% | $150 | 7 branches in SC |
Each savings APY is the top rate of the account the bank's own page leads with. Alternatives are the three tracked banks whose savings APY is closest to People's Bank of Commerce's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Oregon, nearest to People's Bank of Commerce in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: savings rates in Oregon, CD rates in Oregon, money market rates in Oregon, and banks in Oregon.