CDs

Make Life Better CD Special Offers

> Earn 4.75% APY* when you open a 6-Month Make Life Better CD

with $25,000 in new to Ledyard National Bank money and a Ledyard checking account.

> Earn 4.55% APY* when you open a 9-Month Make Life Better CD

with $25,000 in new to Ledyard National Bank money and a Ledyard checking account.

*Annual Percentage Yields (APY) accurate as of 5/1/24 and subject to change without notice. Make Life Better CDs require $25,000.00 in new to Ledyard National Bank money and a Ledyard National Bank Checking account to open, fees may apply. If this is a CD renewal, the new money requirement is waived, and the amount of your CD rollover will open the account.  The minimum required to earn the annual percentage yield disclosed is $1,000.  We reserve the right to change or discontinue this offer at any time. Penalty may apply for early withdrawal. Fees could reduce earnings on the account. Personal and business banking relationships within the retail bank are subject to FDIC insurance coverage limits. 

Other CD Offerings

• Short and long-term investment options available

• Minimum investment $500

• Interest compounded daily and credited monthly

• Preferred rates for those with a Ledyard checking account or Platinum Checking Account clients

• FDIC insured*
   

CDARS (Certificate of Deposit Account Registry Service)

A safe, convenient solution for large-deposit investors.

Until now, there were only three ways an investor could enjoy full FDIC insurance on deposits larger than $250,000: open and maintain accounts with multiple banks, invest with one bank by transferring ownership and registering accounts in the names of family members or corporate affiliates, or work through a broker-dealer.

Through CDARS, we can now place large deposits into smaller-denomination CDs at multiple institutions. This service can offer you significant benefits:

• The safety of FDIC insurance for large deposits. Because funds are placed in FDIC-insured CDs that are issued by other financial institution Network members, your total deposits over $250,000 can be eligible for full FDIC coverage. Now you can make bank CD investments up to $1 million or more!

• CD interest. Rates may compare favorably with those of other high-quality, fixed-income investments.

• Interest-payment flexibility. You may choose to have interest paid monthly or at maturity.

• Management convenience. You can manage all of your CD investments through a single relationship.

• The security of working with a trusted, local source. Your transaction is managed by the people you know and trust here at Ledyard National Bank.

To open a Certificate of Deposit, visit a financial center near you or call toll-free (888) 746-4562

$250,000 FDIC coverage refers to the total of all deposits that an account owner has at each FDIC-insured bank, per ownership category.

**Usage at a non-Ledyard ATM will incur a $1.00 ATM debit item charge – except for Platinum Checking Account clients – and other institutions may impose an ATM fee.

***Please consult your tax advisor