Through CDARS, Belmont Bank & Trust can offer you access to multi-million-dollar FDIC insurance coverage. This allows you to manage all your CDs without hassle while working directly with one bank – our bank.
With CDARS, you get One Bank, One Rate, One Statement®
- One Bank: You can access multi-million-dollar FDIC insurance coverage by working directly 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, regular 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 eligibility 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 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.
Limits apply. Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement with us. The agreement contains important information and conditions regarding the placement of funds by us., and One Bank. One Rate. One Statement. are registered service marks of Promontory Interfinancial Network, LLC.