Certificates of Deposit

Our FDIC-insured CDs are available in a variety of terms, all with affordable minimum balances. Whether you have short or long-term investment goals, we have a CD to help you achieve them.

Questions?

No Penalty CD

Enjoy the benefits of a conventional CD with the added flexibility of unlimited additional deposits and unlimited penalty free withdrawals during the term of the CD.

Features:

$500 to open
11 month term
Competitive rates
Customer must have two or more accounts with Nantahala Bank (one account must be checking)
Interest compounded daily and credited monthly to the CD or deposited to another Nantahala account
FDIC insured
No penalty for unlimited withdrawals

Regular CD

$500 to open
Terms from 3 to 60 months
Interest compounded daily and may be added back to the CD or deposited to another Nantahala account
Automatic renewal option available
Penalty for early withdrawal

Bump Up CD

Introducing the NBT "Bump-Up" CD that will really raise your interest. With this 24-Month CD, should rates rise, you have the option of increasing your CD rate one time during the term.*

Features:

$500 minimum deposit to open
24 month term
Interest compounded daily and credited monthly to the CD or deposited to another Nantahala account
Automatic renewal option available
No penalties imposed at the time of rate bump up. Regular penalty applies for early withdrawal only
Customer has bump up option ONE time during their term length to opt for a rate increase.
Higher rate chosen will be based on the currently posted 2-year term APY and will apply to the remaining term of the CD
New and current customers eligible
*When bump-up option is exercised, the 24-month term will begin again.