Deposit Services

Centrix Bank is proud of the outstanding reputation we have earned for delivering the best in customized business banking solutions, and we continue to look beyond our current offerings to provide additional solutions to assist with our customers’ evolving needs. We are pleased to offer a vast portfolio of products and services customized specifically for our customers, which will maximize interest earnings and assist with cash management. 

Checking: We offer a variety of checking accounts, each with its own unique features to meet your business banking needs. All of our checking accounts include free: online banking, Bill Pay on up to 50 transactions per month, and use at any SUM network ATM.  Bill payments in excess of 50 transactions are provided for an additional charge. 

Savings & Money Market: Our savings and money market accounts earn a market rate of interest with tiered interest rates based on account balances. There are no service charges unless your balance falls below the minimum monthly requirement. 

Certificate of Deposit (CD): We offer several types of CDs with competitive rates and a selection of terms ranging from 12 months to 5 years. You will also enjoy market interest rates, peace of mind, and the security of dealing with a local bank. 

CDARS: The Certificate of Deposit Account Registry Service (CDARS) is the easiest, most convenient way to receive access to full FDIC insurance on deposits in excess of the FDIC insurance limit. With CDARS, you sign one Deposit Placement Agreement, earn one interest rate on your entire investment, and receive one regular account statement, all from one local bank. 

Learn How CDARS Works

Insured Cash Sweep: Receive access to multi-million dollar FDIC protection on your savings deposits with Insured Cash Sweep (ICS). ICS enables excess cash balances to be transferred from a Centrix Bank transaction account into money market deposit account(s) that earn interest. The funds are backed by the full-faith and credit of the federal government and can be accessed up to six times per month. Enjoy the benefits of a yield, peace-of-mind, as well as the ability to make program withdrawals, all at the same time from one local bank. 

Centrix Bank also offers personal deposit products and services to meet the needs of our business and professional customers.

Please contact our Business Development Team today at 603-647-4446 or 800-483-0220 for more information about our vast suite of deposit services.

For information on FDIC insurance coverage, please click on the logo below