Certificates of Deposit

We offer traditional CD products - check the rates.

If you have larger deposits ask us about CDARS®.

With CDARS, you can enjoy the peace of mind FDIC protection on multi-million dollar CD investments through Androscoggin Bank.

Learn more.


  • Safety - Your money can access multi-million dollar FDIC insurance coverage.
  • Convenience - You work directly with one bank. You earn one interest rate and receive one regular statement, and one year-end tax form.
  • CD-Level Rates - Your money earns CD-level returns which may compare favorably with other investment alternatives, including Treasuries, corporate sweep accounts, and money market funds.

How does CDARS work?

Androscoggin Bank is a member of a nationwide network. When you deposit a large amount with us, your funds are placed with other banks in the same network - in increments of less than the standard FDIC insurance maximum - so that both principal and interest are eligible for complete FDIC protection.

What else should I know?

Now, you no longer have to spend time managing multiple bank relationships, negotiating different interest rates, tracking interest disbursements from various sources, or manually consolidating monthly statements. This reduces your administrative burden, especially during tax and financial reporting seasons. No one has ever lost a penny of an FDIC insured deposit.