Certificates of Deposit
Bank of Cadiz and Trust Company offers a full range of CDs giving you total flexibility and competitive rates. You can choose automatically renewable CDs for a term of three months to 5 years. A minimum deposit of $500.00 is required on a term of one year or more and $2,500.00 for a term of less than one year. Monthly interest checks can be issued on Certificates of $10,000.00 or more. There is a substantial penalty for early withdrawal.
INDIVIDUAL RETIREMENT ACCOUNTS
Bank of Cadiz and Trust Company offers traditional IRAs, Roth IRAs and Coverdell Education Savings plans. Any of these accounts can be opened with an initial deposit of $100.00 or more. Additional deposits of $25.00 or more can be made at anytime. There are no annual fees. Contributions to the account may be tax deductible and earnings may be tax free.
Certificate of Deposit Account Registry Service® (CDARS)
Looking for a way to keep large deposits safe? Ask us about CDARS®. Its a great solution for: businesses nonprofit organizations public funds managers trustees financial advisors individuals &bull credit unions IRAs
With CDARS, you can access FDIC protection on multi-million dollar CD investments through BANK OF CADIZ & TRUST CO. There are few guarantees in life FDIC insurance is one of them. CDARS can be a valuable cash management or longer-term investment tool for you.1
How does CDARS work?
These exchanges, which occur on a dollar-for-dollar basis, can bring the full amount of your original deposit back to our bank. As a result, we can make the full amount of your deposit available for community lending purposes. 2
What else should I know?
And with CDARS, you can eliminate the need to monitor changing collateral values another time saving convenience.
Of course, your confidential account information remains protected.
Ask us about how CDARS can work for you the next time you visit one of our branches, or email firstname.lastname@example.org for more information.
1 Funds may be submitted for placement only after a depositor enters into the CDARS Deposit Placement Agreement with Bank of Cadiz & Trust Co. The agreement contains important information and conditions regarding the placement of funds by us.
Please contact any of the following for current rates or to obtain information on any of the above account:
Betty Winders/Pat Jenkins