Step Up CDs - Mascoma Bank

Step Up CDs

Do Your Savings Need a Boost rocket ship on blue

Sometimes, you need a boost.

Looking to turn your cash on hand into something that generates a bit more interest?

Want a safe place for your money but worry about getting locked in if rates go up?

We have some great savings options for you. With certificates of deposit (CDs) from Mascoma Bank, you can either lock in an extremely competitive 2.00% APY* now or you can put your money in a Step Up CD that gives you the option to boost your interest rate one time if our Step Up CD rates rise during the term of certificate of deposit.

Step Up CD

You can start earning 1.50% APY* with the option to boost your interest rate one time during your 18-month term. **

 

Step Up Plus CD

You can start earning 1.75 APY* when you open account with at least $25,000 in new money to Mascoma Bank with the option to boost your interest rate one time during your 18-month term. ***

 

2022 CD Special

Lock in an extremely competitive CD rate today by  opening this CD special with at least $25,000 in new money to Mascoma at a fixed rate of  2.00% APY*  for 18 months. ***

 

View All Our CD Options

Fees may reduce earnings. Please call for details.

*APY = Annual Percentage Rate.

**Minimum of $25,000 initial deposit. A penalty will be imposed for early withdrawal. The rate is accurate as of 7/1/2022. Rate is subject to change.

***Minimum of $25,000 initial deposit, including a minimum of $25,000 of money not already on deposit at Mascoma Bank required to qualify for this rate. A penalty will be imposed for early withdrawal. The rate is accurate as of 7/1/2022. Rate is subject to change.