CD Accounts

CDs never go out of style.

Whether you’re out in the wild or on your laptop at home, being on the lookout for great CD deals just makes sense.

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: Tuesday, March 19, 2024

Minimum Balance
to Earn APY
Interest RateAPY
12 Months IRA CD*$5004.70%4.80%
12 Months HSA CD*$5004.70%4.80%
6 Month CD Special$10,000

Additional .10% increase with $10,000 New Money to Passumpsic Bank = 4.85% APY**
4.64%4.75%
12 Month CD Special$10,000

Additional .10% increase with $10,000 New Money to Passumpsic Bank = 4.60% APY**
4.40%4.50%
18 Month CD Special$10,000

Additional .10% increase with $10,000 New Money to Passumpsic Bank = 4.35% APY**
4.17%4.25%
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$5001.04%1.05%
IRA/SEP Savings-Variable Rate$25.08%.08%
Disclaimer

*Annual Percentage Yield (APY) is accurate as of February 26th, 2024. Personal accounts only. The account will not earn interest below the minimum qualifying balance. Term of 12 months. A Health Savings Account checking account with Passumpsic Bank will be required for the Health Savings Account CD special.

Certificates of Deposit are available as Individual Retirement Account and Health Savings Account. Limited to new contributions and/or Transfers/Rollovers from another financial institution. Consult tax advisors regarding deductibility.

A penalty may be imposed for early withdrawal of certificates of deposit, including IRAs/HSAs invested in certificates of deposit.

 

** Annual Percentage Yield (APY) is accurate as of September 19, 2023. Commercial, Business and Personal accounts qualify. Individual Retirement Accounts included. E-statement only. The account will not earn interest below the minimum qualifying balance.

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.

Disclosures:

* Annual Percentage Yield (APY) is accurate as of February 26th, 2024. Personal accounts only. The account will not earn interest below the minimum qualifying balance. Term of 12 months. A Health Savings Account checking account with Passumpsic Bank will be required for the Health Savings Account CD special.

Certificates of Deposit are available as Individual Retirement Account and Health Savings Account. Limited to new contributions and/or Transfers/Rollovers from another financial institution. Consult tax advisors regarding deductibility.

A penalty may be imposed for early withdrawal of certificates of deposit, including IRAs/HSAs invested in certificates of deposit.

** Annual Percentage Yield (APY) is accurate as of September 19, 2023. Commercial, Business and Personal accounts qualify. Individual Retirement Accounts included. E-statement only. The account will not earn interest below the minimum qualifying balance.

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.

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Options for CDs: