Business CDs, CDARS & ICS | Katahdin Trust Company (Houlton, ME)

Business CDs

Treasury Services

Placing your funds into CDs or through the CDARS® and ICS® services is a smart, safe way to help your money work harder for the future of your business.

View CD Rates


Certificates of Deposit

Think long-term. Today.

AccountsCertificates of Deposit

Certificate of Deposit Account Registry Service 

IntraFi Cash ServiceSM
Description A great alternative to a traditional savings account, This CD is for individuals who want high rates with a guaranteed return and do not need regular access to their money should consider a Fixed Rate CD.

Access millions in FDIC insurance working directly with just our bank. Your deposit is placed into CDs at network banks in increments below the standard FDIC insurance maximum so that principal and interest are protected. Choose from a variety of terms to fit your needs.

As an alternative cash management option, ICS, the IntraFi Cash Service, provides access to millions in FDIC insurance on funds placed into demand deposit accounts and money market deposit accounts at network banks. You still work with just our bank. This option provides flexibility and allows your funds to earn interest with no maximum balance requirements.

Minimum Balance to Open $500 $10,000 Any Amount
  • Lock in your interest rate for one month up to five years
  • FDIC Insured
  • Free 24-Hour Easy Phone Banking service
  • You may not make additional deposits into this account
  • Penalty for early withdrawal of funds prior to the maturity date
  • Safety. Access multi-million-dollar FDIC insurance coverage at network banks.
  • Convenience. Work directly with us and earn one interest rate per maturity and receive one regular statement, and one year-end tax form.
  • Community Investment. The full value of your money can support lending opportunities in your local community.1
  • CD-Level Rates. Earns CD-level returns which may compare favorably with other investment alternatives, including Treasuries, corporate sweep accounts, and money market funds.
  • Enjoy Peace of Mind knowing your funds are eligible for multi-million-dollar FDIC insurance at network banks, protection that's backed by the full faith and credit of the United States government.
  • Earn Interest on funds placed into demand deposit accounts, money market deposit accounts (savings option), or both.
  • Access Funds through unlimited program withdrawals (for funds placed in demand deposit accounts) or up to six program withdrawals per month (for funds placed in money market deposit accounts).
  • Community Investment. The full value of your money can support lending opportunities in your local community.1

Contact our Cash Management Team to learn more and start utilizing CDs, CDARS, or ICS for your business!

Explore Other Cash Management Services Email the Cash Management Team


1When deposited funds are exchanged on a dollar-for-dollar basis with other institutions that use CDARS and ICS, our bank can use the full amount of a deposit placed through CDARS and ICS for local lending, satisfying some depositors' local investment goals or mandates. Alternatively, with a depositor's consent, our bank may choose to receive fee income instead of deposits from other participating institutions. Under these circumstances, deposited funds would not be available for local lending. 

Deposit placement through CDARS or ICS is subject to the terms, conditions, and disclosures in applicable agreements. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount ("SMDIA") at any one destination bank, a depositor's balances at the institution that places deposits may exceed the SMDIA (e.g. before settlement for deposits or after settlement for withdrawals) or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through CDARS or ICS satisfies any restrictions on its deposits. A list identifying IntraFi network banks appears at https:/ The depositor may exclude banks form eligibility to receive its funds. 

IntraFi, ICS, CDARS, and Certificate of Deposit Account Registry Service are registered services marks, and IntraFi Cash Service is a service mark, of IntraFi Network., LLC. 


Find Us
Branches & ATMs
Call Us
Talk with a local banker
Email Us
With secure messages
Chat with Us
We are here to help
Back to Top