Certificates of Deposit

  Fixed-rate CD   Option CD CDARS


We know the security of FDIC insurance is important to you. That’s why NBT Bank offers CDARS® or the Certificate of Deposit Account Registry Service®. This service is the perfect solution for depositors with  $250,000 or more in savings and allows you to maintain your CDs with one bank while securing full FDIC insurance up to $50 million.


Minimum to Open $100,000
Minimum Term 4 Weeks
Maximum Term 3 Years
Interest Distribution Options You can choose to have your monthly interest added to the balance of your CD, deposited to an NBT Bank checking or savings account, or mailed to you by check.
Renew Option Option to reinvest after maturity date
Early Withdrawl Penalty Terms
4  -  Week = 28 days of interest.
13 -  Week = 90 days of interest
26 -  Week = 90 days of interest
52 -  Week = 180 days of interest
2 -    Year  =  360 days of interest
3  -   Year  =  540 days of interest

*There will be no exceptions honored in regards to early withdrawal penalties.

**Death Early Withdrawal – next day for the individual that is the sole account holder of the CD.  This penalty waiver applied to an individual who is named account holder as well as an individual who is the sole current and mandatory or discretionary income of trust, including the sole current beneficiary of a unitrust or annuity trust.  A copy of the death certificate is required.  Other documents may be required.
Customer Service 1-800-NBT-BANK (1-800-628-2265)
E-mail NBT Bank
Statement Options Monthly Statement will be mailed
Interest Payment Frequency Month End
Quarter End
Year End, or
At Maturity

* Mid-term interest payments occur at the end of the period, not the anniversary date of the CD.  Final interest payment and the return of principal at maturity occur on the actual maturity date.

Account Opening Options