CD Accounts
CDs never go out of style.
Depending on what’s happening in your life, you may want to be conservative with your money.
A Certificate of Deposit is a low-risk investment with a fixed interest rate. If this sounds right for you, we offer a couple of options:
Current Rates
Effective Date: Sunday, June 4, 2023
| Minimum Balance to Earn APY | Interest Rate | APY | |
|---|---|---|---|
| 6 Month CD Special | $10,000 Additional .10% increase with $10,000 New Money to Passumpsic Bank = 4.10% APY** | 3.92% | 4.00% |
| 12 Month CD Special | $10,000 Additional .10% increase with $10,000 New Money to Passumpsic Bank = 4.10% APY** | 3.92% | 4.00% |
| 18 Month CD Special | $10,000 Additional .10% increase with $10,000 New Money to Passumpsic Bank = 4.10% APY** | 3.92% | 4.00% |
| 3-Month CD | $500 | .15% | .15% |
| Youth 6-Month CD | $75 | .40% | .40% |
| 6-Month CD | $500 | .40% | .40% |
| 12-Month CD | $500 | .60% | .60% |
| 2-Yr CD | $500 | .70% | .70% |
| 3-Yr CD | $500 | .80% | .80% |
| 4-Yr CD | $500 | .90% | .90% |
| 5-Yr CD | $500 | 1.04% | 1.05% |
| IRA/SEP Savings-Variable Rate | $25 | .08% | .08% |
**Annual Percentage Yield is accurate as of March 1, 2023. Only Personal accounts are allowed. Business or non-personal accounts are NOT eligible. Individual Retirement Accounts included. E-statement only. A penalty may be imposed for early withdrawal.
Annual Percentage Yield (APY) is accurate as of effective date listed above.
Certificates of Deposit are available as Individual Retirement Account. Deposits of $250 or more may be added during the term to all new and renewed IRA/SEP CDs. For IRAs, the minimum amount you can deposit is designated in your IRA disclosure.
**Annual Percentage Yield is accurate as of March 1, 2023. Only Personal accounts are allowed. Business or non-personal accounts are NOT eligible. Individual Retirement Accounts included. E-statement only. A penalty may be imposed for early withdrawal.
Annual Percentage Yield (APY) is accurate as of effective date listed above.
Certificates of Deposit are available as Individual Retirement Account. Deposits of $250 or more may be added during the term to all new and renewed IRA/SEP CDs. For IRAs, the minimum amount you can deposit is designated in your IRA disclosure.
A penalty may be imposed for early withdrawal of certificates of deposit, including IRAs/SEPs invested in certificates of deposit.
The rate may change on variable rate deposit products after the account is opened.