Personal Savings


Whether you’re saving for a large purchase, a child’s future or just tucking money away for a rainy day, our Savings Account is just right. An opening deposit of $100 gets you started.

  • Interest is calculated on a Daily Balance and credited to your account quarterly
  • No maintenance fee if you maintain a balance of $100 or if customer is under Age 18
  • Monthly fee of $3 for balances under $100
  • Over two (2) withdrawals per month - $1 each
  • Quarterly statement.
  • Mobile check deposit is available - $1.00 per deposit

Money Management

The Money Management Account offers a competitive tiered interest rate. The higher your balance, the higher rate of interest you earn. An opening deposit of$100 is required for this account.

  • Interest is calculated on a Daily Balance and credited to your account monthly
  • No maintenance fee if you maintain a balance of $2,500
  • Monthly fee of $8 if balance falls below $2,500
  • Six (6) withdrawals per month
  • $10 per transfer over 6 withdrawals per month
  • Monthly statement 
  • Mobile check deposit is available - $1.00 per deposit

Christmas Club

Are you trying to save for your holiday shopping?  A Christmas Club is great for tucking away money for a special project or shopping trip. Save throughout the year and the funds will be automatically deposited into your checking or savings account in October. A minimum opening deposit for this account is $2. 

  • Open Christmas Clubs every October through January.
  • Interest paid on accounts $100 or more. 
  • Automatic transfers from your account or Direct Deposit are available.

Certificates of Deposit

Certificates of Deposit are a great way to get a better rate of return on your money. Bank of Cadiz & Trust Co. offers competitive rates on all terms of certificates from 3 months to 5 years. A minimum deposit of $500 is required on a term of one year or more and $2,500 for a term of less than one year. Monthly checks can be issued on certificates of $10,000 or more. A penalty is imposed if any part of the principal is withdrawn before the maturity date.

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 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.

Individual Retirement Accounts (IRA)

Individual Retirement Accounts (IRAs) are personal retirement savings plans. Individuals with earned income are eligible to open an IRA account. Interest earned on this account may be tax-deferred until withdrawn. Contributions may or may not be tax-deferred, depending on your individual circumstances. IRAs can be opened with an initial deposit of $100. Additional deposits of$25 or more can be made at any time. There are no annual fees.

You tell us what type of IRA you need and we will help design the investment plan that is right for you. Our available IRA plans include:

  • IRA Savings Accounts – Traditional and Roth
  • Variable Rate IRA
  • Fixed Rate IRA
  • Simple IRA
  • Coverdell Education IRA

Please contact any of the following for current rates or to obtain information on any of the above accounts. You may contact us or call toll free 866.554.6066.





Estate Planning

Your family is everything. Let us help with your future and your children's future.

Learn More