Certificates of Deposit

Create a short- or long-term investment that fits your needs with our Fixed-rate CD account. Open an account with as little as $1,000 and choose from terms of seven days to 60 months.

Account Details

• 7 days - 60 Month Terms Available.
• $1,000 minimum to open.
• $1,000 minimum to earn interest.
  • You may choose to have your interest added to the balance of your CD, deposited to an NBT Bank checking or savings account or mailed to you by check.
• Automatic term renewal.
• A penalty may be imposed for early withdrawal.

Statement Options

• eStatements
• Mailed Statements

Include all of your accounts on one easy-to-read statement with Combined Statements

Our Option CD allows you to take advantage of rising interest rates. Open this account with as little as $1,000 and choose a term that works best for you. If interest rates rise during the term of your CD, you'll have the option to increase the rate once during the term for your account.

Account Details

• 12 Month – 24 Month Term
• 24 Month – 36 Month Term
• $1,000 minimum to open
• $1,000 minimum to earn interest
  • You may choose to have your interest added to the balance of your CD, deposited to an NBT Bank checking or savings account or mailed to you by check.
• One option to increase rate during term
• Automatic term renewal
• A penalty may be imposed for early withdrawal.

Statement Options

• eStatements
• Mailed Statements

Include all of your accounts on one easy-to-read statement with Combined Statements

We know the security of FDIC insurance is important to you. That’s why NBT Bank offers CDARS® or the Certificate of Deposit Account Registry Service®. This service is the perfect solution for depositors with $250,000 or more in savings. It allows you to disperse your funds across multiple financial institutions to secure full FDIC insurance, up to $50 million, while you enjoy the preference and convenience of managing those funds through NBT Bank.

Account Details

• 1 month – 36 Month Terms Available
• $100,000 minimum to open
• $100,000 minimum to earn interest
  • Interest can be paid at month end, quarter end, semi-annual, year-end or at maturity. Mid-term interest payments occur at the end of the period, not the anniversary date of the CD. Final interest payment and the return of principal at maturity occur on the actual maturity date.
• Option to reinvest after maturity date
• A penalty may be imposed for early withdrawal.

There will be no exceptions honored in regards to early withdrawal penalties, except in the case of death.

Death Early Withdrawal – next day for the individual that is the sole account holder of the CD. This penalty waiver applied to an individual who is named account holder as well as an individual who is the sole current and mandatory or discretionary income of trust, including the sole current beneficiary of a unitrust or annuity trust. A copy of the death certificate is required. Other documents may be required.

Statement Options

• eStatements
• Mailed Statements

Include all of your accounts on one easy-to-read statement with Combined Statements