Tompkins Financial was highlighted as star performing small cap stock for 2008 with their shares up 49 percent.  Tompkins Financial operates 45 banking offices in local market areas throughout New York State.  The Bank of Castile is one of the banks under the holding company of Tompkins Financial.  The Bank of Castile has 14 bank branches from Arcade to Warsaw.  That’s Warsaw, New York not the capital of Poland.  To the best of our knowledge, the Bank of Castile does not have a bank branch in Europe.

The Bank of Castile offers a wide selection of CD terms and interest rates.  Starting from a choice of the shortest term CDs to the longest CDs, some of the present account terms include:  a 6 month CD that has an interest rate of 1.25% APY, a one year CD that has an interest rate of 1.75% APY, an 18 month CD with an interest rate of 2.24% APY and a three year CD that has a rate of 2.00% APY.  Similar to Tompkins Trust Co, also owned by Tompkins Financial, the interest rate on these CDs can be increased if the account holder also opens a True Advantage checking account or a Checking Plus checking account.  With the added bonus provided by opening the checking account, the 6 month CD interest rate increases to 1.50%, the one year CD interest rate increases to 2.00%, the 18 month CD increase to a rate of 2.50% and the three year CD interest increases to 2.25% APY.

There is $1,000 minimum to open the bank CDs.  The bank has a variety of other CD terms to choose from and various consumer banking alternatives from checking and investments to residential mortgages and lines of credit.

The CD rates are subject to change daily.  Interest earned is compounded daily on the CD accounts.  Additional conditions may apply.  The Bank of Castile can be reached at 585-493-2576.  The bank web site can be found at www.mybankofcastile.com.

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