Are CDs safer than stocks?
Yes. CDs are low risk because they are insured by the FDIC up to $250,000, and you are guaranteed a rate until maturity. Also, CDs can provide peace of mind knowing that your money will grow consistently over time.
Scam Alert: We are seeing an increase in phishing scams involving calls appearing to come from Union Savings Bank. Remember, USB will never make or send unsolicited calls, emails, or texts asking for account numbers, PINs, online banking credentials or other personal information. In celebration of Thanksgiving, all branches and Customer Service Center will close at 3 pm on Wednesday, Nov. 26, and will be closed on Thursday, Nov. 27.
Yes. CDs are low risk because they are insured by the FDIC up to $250,000, and you are guaranteed a rate until maturity. Also, CDs can provide peace of mind knowing that your money will grow consistently over time.