Bank of Anderson offers a variety of bank CDs, interest bearing checking and savings plans designed to increase their bank customers earning possibilities while offering safety and security afforded by FDIC insurance protection.

Bank of Anderson received its national bank charter on September 3, 1998, and opened for business on September 8, 1998.  The bank was established as a single office community bank to serve the financial needs of the growing population of Anderson County, SC.  A second full-service bank branch location was added in 2004.  The bank is a wholly owned subsidiary of Peoples BanCorporation, Easley, SC, a publicly traded three bank holding company.

Peoples Bancorporation, Inc., parent company of The Peoples National Bank, Bank of Anderson and Seneca National Bank, and provides many financial services and products to consumers and local businesses in Pickens, Anderson and Oconee counties of South Carolina.  The main objective is to provide the surrounding communities with the best financial products and personal service.

The bank is offering the following special CD rates; 8 month CD rate of 2.00% APY, an 11 month CD that has an interest rate of 2.255 APY and a 14 month CD rate of 2.50% APY.  The bank also offers an array of standard bank CD rates and terms.

1 month CD has an interest rate of .25% APY
3 month CD rate is .99% APY
6 month CD earns an interest rate of 1.24% APY
1 year CD rate is 1.50% APY
18 month CD yields an interest rate of 1.50% APY
2 year CD rate is also 1.50% APY
3 year CD rate is at 1.50% APY
4 year CD and 5 year CD rates are also at 1.50% APY

The minimum deposit for these bank CDs is $500.00.  Bank CD rates are subject to change and additional conditions may apply to open these accounts and obtain the stated interest rates.  For more information regarding bank CD rates and account information contact a bank representative at 864-224-3777.  The Bank of Anderson web site posts bank rates on checking accounts, savings accounts, CDs and IRAs.  The bank web address is located at bankanderson.com.

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