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$3.00
$300 for adults, $100 for minors.
Maintain a minimum daily balance of $300 for adults, $100 for minors.
$10.00
$1,000
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Maintain any of the following balance combinations:
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$2,500 minimum daily balance.
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$5,000 average balance.
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| $15,000 average balance in any combination of deposit accounts. |
Regardless of your balances, regulations limit the number of checks you may write each statement cycle to three (3). If you write more than three (3) checks per statement cycle there is a charge of $10.00 per excess check.
You can make unlimited deposits by mail, direct deposit, FAX, internet or telephone transfer, ATM or in person. Regulations limit withdrawals not made in person to no more than six (6) per month.
Interest is compounded daily and credited monthly. The interest rate and annual percentage yield may change at any time. Fees could reduce earnings on the account. Please check our Fees and Charges information.
Term: 1 to 6 months | Minimum: $2,500
Term: 6 months or more | Minimum: $1,000
1 month to 5 years.
You will receive a maturity notice 15 days prior to maturity. There is a grace period of 10 days following maturity during which you can make withdrawals without penalty. Withdrawals may be made by mail, FAX, telephone transfers or in person.
At the expiration of the grace period, if you have not made other arrangements, your CD will automatically renew for the original term at the Bank's posted rate on date of renewal.
Interest is compounded daily. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
Interest can be paid monthly, quarterly or at maturity for terms of one year or less. Payment can be made by credit to this account, to another Bank of Marin account or by check.
Penalties for early withdrawal are based on the term of the account.
Term: 1 year or less | Penalty: One month's interest
Term: More than 1 year | Penalty: Three month's interest.
With the Certificate of Deposit Account Registry Service, or CDARS, enjoy peace of mind with up to $50 million in FDIC insurance coverage, along with time-saving conveniences and other advantages.
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Full Insurance
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Using CDARS, you can access up to $50 million in FDIC protection on CD investments.1 |
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One Bank |
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You work with us - the bank you know and trust - to secure large deposits (from $10,000 to $50,000,000). |
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One Rate |
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You earn one interest rate on your CD investments through CDARS. With CDARS, there is no need to negotiate multiple rates or manually tally disbursements for each CD. |
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One Statement |
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You receive one regular statement detailing your CD investments. You no longer need to consolidate statements at the end of each month, quarter, or year. |
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No Hidden Fees |
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There are no hidden fees of any kind. We do not charge annual fees, subscription fees or transaction fees for using CDARS; the rate you see is the rate you get. Early withdrawal penalties for CDARS do apply and will be assessed. |
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No Collateralization |
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Because CDARS deposits are eligible for full FDIC protection, you may not need to collateralize your deposits, thus eliminating the time-consuming task of tracking collateral values. |
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A Wide Variety of Maturities |
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You can select from various maturities - ranging from 4 weeks) to 5 years (260 weeks) - and choose the terms that best suit your investment needs. You also can ladder your CDs or combine maturities to effectively create a customized term. |
For more information, please contact your local Bank of Marin office.
1 Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement with us.
CDARS and Certificate of Deposit Account Registry Service are registered service marks of Promontory Interfinancial Network, LLC.
There is no annual fee or charge to set-up, modify or close an IRA account.
$100
1 year, 18 months, 2 years, 3 years, 5 years
You will receive a maturity notice 15 days prior to maturity. There is a grace period of 10 days following maturity during which you can make withdrawals without penalty. Withdrawals may be made by mail, FAX, telephone transfers or in person.
Interest is compounded daily. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
Interest is paid quarterly by credit to your account balance.
Penalties for early withdrawal are based on the term of the account.
Term: 1 year or less | Penalty: One month's interest
Term: More than 1 year | Penalty: Three month's interest
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