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 CD’s 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.




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®.  It’s 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


It’s one-stop shopping.  With help from CDARS, you can access:

  • Safety – Your money can access multi-million dollar FDIC insurance coverage.  
  • Convenience – You work directly with us.  You earn one interest rate and receive one regular statement, and one year-end tax form.
  • Community Investment – The full value of your money can support lending opportunities in your local community.2
  • CD-Level Rates – Your money earns CD-level returns which may compare favorably with other investment alternatives, including Treasuries, corporate sweep accounts, and money market funds.

How does CDARS work?
We are a member of a special network.  When you place a large amount with us, we place your funds into CDs issued by other banks in the same network – in increments of less than $100,000 – so that both principal and interest are eligible for complete FDIC protection.  As a result, you can receive coverage from many banks while working with just one.


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?
Now, you no longer have to spend time managing multiple bank relationships, administering various interest rates, organizing interest disbursements from various sources, or manually consolidating monthly statements.  This reduces your administrative burden, especially during tax and financial reporting seasons. 


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 info@bankofcadiz.com 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.
2 This benefit applies to some, but not all types of CDARS transactions. Let us know if this benefit is important to you, so that we can explain the relevant terms and conditions in more detail.

CDARS is a registered service mark of Promontory Interfinancial Network, LLC.




Please contact any of the following for current rates or to obtain information on any of the above account:



  • Andrea Esposito
    (270) 522-6066
  • Sarah Neighborgall
    (270) 522-2142
  • Yvonne Clayton
    (270) 522-2151
  • Betty Winders/Pat Jenkins
    (270) 885-3211
  • Jennifer Eidson
    (270) 759-4852
  • Jennifer Knight
    (270) 522-0450


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