Through CDARS, Belmont Bank & Trust can offer you up to $50 million in Federal deposit insurance coverage. This allows you to manage all your CD’s without hassle through our bank.
With CDARS, you get One Bank, One Rate, One StatementSM
- One Bank: You can access multi-million dollar FDIC insurance coverage by working with Belmont Bank & Trust — the bank you know and trust.
- One Rate: You negotiate one rate for each CD maturity and enjoy the option of reinvesting them through a simple process.
- One Statement: You receive one easy-to-read statement summarizing all of your CD holdings.
With CDARS, you can say “goodbye” to running around town to multiple banks. No more opening up multiple title accounts in different rights and capacities of family members to maximize FDIC insurance at one bank. There also is no need to manually consolidate account statements or interest disbursements, which frees up your valuable time. You can enjoy the peace of mind associated with access to full FDIC insurance on your CDs. You’ve worked hard for your money. Now, let it work hard for you. As always, your confidential information remains protected.
For more information on CDARS, please see our CDARS video found on this website under the “Tools” tab.