Flexible Certificate of Deposit
Whether you are planning for tax payments, office equipment, unexpected repairs or other business needs, our Flexible CD is a popular, easy way to save. Features include:
- FDIC insured
- Initial $500 deposit
- Higher rates of return than a Money Market Account
- Can be used to secure a Merchants Bank loan
- A maximum aggregate balance of $250,000 per customer
CDARS® Network CD Program
If you're looking to invest larger sums of money (not just thousands, but potentially millions of dollars) – with the protection of FDIC insurance – the CDARS® Network program may be just the tool your business needs. The program works by breaking down your investment among CDARS Network institutions, which issue CDs in smaller denominations. Those smaller CDs are eligible for FDIC insurance - and as a result, your entire investment is covered.
Connect With Us
Questions?
-
Do I need to live or work in Vermont to open an account or loan?
Do I need to live or work in Vermont to open an account or loan?
Merchants Bank opens accounts or loans for people living or working in Vermont or communities adjacent to our offices.
Online Bill Payment
Pay your bills and do your banking all from your computer–anytime of day or night, any day of the week. Try our free demo or sign up online today.
FinanceWorks
Connect all your financial information, including credit cards, loans, investments and more. Try the free demo today.
eStatements
Save paper and reduce your carbon footprint–a free service for personal online banking customers–sign up today.