Certificates of Deposit & IRAs

Certificates of Deposit

Higher interest rate deposit accounts featuring a fixed interest rate for a specific period of time.

  • Open with as little as $500; terms from 1 month to 5 years.
  • Make incremental deposits of $250 or greater for terms 1-11 months.
  • Advantage CD allows you to make one fee free withdrawal per term. $10,000 minimum balance to open, terms of 1-9 months available.

Call us today to learn about our current CD specials!

Visit your local branch or contact our Customer Service Center to learn about current rates and other specials.

Individual Retirement Accounts

Individual Retirement Accounts (IRAs) are specifically set up to be used during retirement by offering significant tax advantages. The sooner you start saving, the longer your money has to grow.

There are several IRA CD types to choose from with terms of one to five years: Traditional IRA, Roth IRA, and SEP IRA. Looking to lock in a guaranteed return for the term of your IRA? CD IRAs from Bar Harbor Bank & Trust are FDIC insured.1

We can help you understand your IRA options and choose the account that works best for you. Stop by your nearest branch or call us at 888-853-7100 to get started.

1Bank Deposits such as CDs and IRA CDs are insured by the FDIC up to the applicable limits.

The Bank Secrecy Act requires us to gather information when opening new accounts or renewing existing accounts. The rule requires the Bank to obtain, verify and record information about beneficial owners of legal entities. FinCEN has adopted what they describe as a “two pronged” approach to beneficial ownership. The ownership prong includes all natural persons with 25% or more direct or indirect equity interest in a legal entity; while the control prong is a single individual with significant managerial responsibility over the legal entity. We will ask to see a copy of each person’s identification and record information from each of them. To help you gather the required information click here to see the Certification Regarding Beneficial Owners of Legal Entity Customers form. Please visit your local branch for more information or call 888-853-7100.