Build Your Future with a CD
lock in your rate and see your savings grow.
When you open a Certificate of Deposit with United Bank of Union, you're choosing a safe and dependable way to build your savings. CDs offer guaranteed returns over a set term, making them an ideal choice if you want the stability that comes with a fixed rate.
Why Choose a CD?
guaranteed growth at your pace
With a CD, you choose the term length that matches your goals, whether that's just a few months or several years. Your rate is locked for the entire term, so you'll know exactly how much you'll earn when your CD matures.
Pair with a companion savings account
After CD opening, you can take advantage of our Companion Savings Account* where you're eligible to make a one-time deposit up to the amount of the CD. This option gives you flexibility by keeping part of your money accessible and earning a higher rate of interest than other savings account options.
Looking for Long-Term Retirement Savings or health savings?
Alongside CDs, we also offer Individual Retirement Accounts (IRAs) and Health Savings Accounts (HSAs). Ask us how an IRA or HSA CD might fit into your financial plan!
Ready to lock in your savings?
Open your account at any UBU branch or call 636-583-2555 to schedule an appointment today.
Questions?
Contact us today at 636-583-2555 or click the Let's talk! chat bubble in the lower right corner to communicate with a UBU Customer Contact Specialist.
Disclosures
*Deposits into Companion Savings accounts are only available at CD account opening.
Certificate of Deposit:
A minimum of $500.00 is required to open and 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 If the early withdrawal is made after six days of account opening, the penalty is 4% of the amount being withdrawn prior to maturity.
Individual Retirement Account:
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 the early withdrawal is made after six days of account opening, the penalty is 4% of the amount being withdrawn prior to maturity.