North Central Bank offers a wide array of CD’s tailored to meet your individual needs. Competitive interest rates paid to you vary, based on the term of your investment. These deposits are insured to the full legal limit by the Federal Deposit Insurance Corporation. Penalty for early withdrawal applies.
CDARS®, THE CERTIFICATE OF DEPOSIT ACCOUNT REGISTRY®
Using CDARS®, you can access multi-million dollar FDIC Insurance on your CD Deposits. You sign one agreement with North Central Bank and earn one interest rate per maturity and receive one regular statement.
Everything is handled directly though North Central Bank. Your larger deposit is broken into smaller amounts and placed with other banks that are members of CDARS Network. Then those banks issue CDs in amounts under the standard FDIC insurance maximum, so that your investment is eligible for FDIC protection. By working directly with just one bank- North Central Bank- you can receive insurance through many.
Watch "How CDARS Works" video and see what CDARS can do for you.
Limits apply. Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement with us. The agreement contains important information and conditions regarding the placement of funds by us. CDARS and Certificate of Deposit Account Registry Service are registered service marks of a Promontory Interfinancial Network LLC.