Certificates of Deposit

  Fixed-rate CD Option CD   CDARS

Option CD

Our Option CD allows you to take advantage of rising interest rates. Open this account with as little as $1,000 and choose a term of 12 months or terms between 24 and 60 months. If interest rates rise during the term of your CD, you'll have the option to increase the rate once or twice depending on the term of your account.


Minimum to Open $1,000
Minimum Term 12 Months
Maximum Term 60 Months
Interest Distribution Options Capitalize, transfer to account or check.
Renew Option Automatic Renewal
Early Withdrawl Penalty For terms one year or less, the penalty for early withdrawal will be three months interest.

For terms over one year, the penalty will be six months interest.
Customer Service 1-800-NBT-BANK (1-800-628-2265)
E-mail NBT Bank
Statement Options Summary of CD information can be included on a monthly portfolio statement
Additional Features One option to increase rate during term
One additional deposit allowed annually

Account Opening Options