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CDs/ IRAs

CD and IRA Options with United Bank of Union

 
Have you started thinking about your future plans? Retirement? Traveling? Starting a business?
United Bank of Union has Certificate of Deposit and Individual Retirement Account options to help you reach your goals.


Certificate of Deposit (CD)

United Bank of Union offers a variety of time deposit accounts at competitive interest rates to fit your financial needs. A minimum of $500.00 is required to obtain the advertised Annual Percentage Yield (APY). Early withdrawals from a CD Account are subject to penalty. If an early withdrawal is made within the first six days, the penalty will equal seven days’ interest earned. If the early withdrawal is made after six days of account opening, the penalty is 4% of the principal amount being withdrawn.


Individual Retirement Accounts (IRA)

United Bank of Union offers IRA Savings accounts and IRA CD accounts for retirement funds. A $250.00 minimum is required to open the IRA and to obtain the advertised APY. Anyone with earned income is eligible to participate. For a full list of all IRA product offerings, please visit any United Bank of Union branch. Possible tax advantages could apply. Consult your tax advisor for specific information. Early withdrawals from an IRA Account are subject to penalty. If an early withdrawal is made within the first six days, the penalty will equal seven days’ interest earned. If an early withdrawal is made after six days of account opening, the penalty is 4% of the principal amount being withdrawn.