Certificates of Deposit
- 3-month to 1-year terms available
- $500 minimum balance required
- Interest can be automatically transferred to another Esquire Bank account
- CDs are automatically renewed (unless cancelled) and earn the interest rate in effect on the renewal date. A penalty may apply for early withdrawal.
- View your CD's balance online
Click here to view our CD Rates
Note: On October 3, 2008, FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor through December 31, 20009
CDARS® - Certificate of Deposit Account Registry Service *
Esquire Bank is participating in the CDARS program to give our clients peace of mind and the ability to work with one bank to manage their investments efficiently.
- FDIC Coverage: by utilizing the CDARS program, our clients are eligible to receive an expanded FDIC coverage on deposits over $100,000.
- One Bank: everything is handled by Esquire Bank. Your large deposit is broken into smaller amounts and placed among the member banks so the entire investment is eligible for FDIC coverage. Esquire Bank will issue one statement showing all the CD's with balances, rate and maturity dates.
To learn more about the CDARS program, call 1-800-996-0213 and speak with Katherine Rueda or Patricia Grebe. Or watch this brief video about CDARS.
* CDARS and Certificate of Deposit Account Registry Services are service marks of Promontory Interfinancial Network, LLC.
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