Certificates of Deposit (CDs) Great rates and a guaranteed return on your investment.
CDs are a safe, secure and dependable way to save for a variety of goals, both short- and long-term. With this savings option, you can watch your money grow faster with competitive, fixed rates.
What Are CDs?
- Higher yields than savings accounts
- No monthly service charge
- $1,000 minimum opening balance
- Flexible terms, ranging from 3 months to 5 years
- FDIC insured up to $250,000
- Individual Retirement Account (IRA) CDs are also available. Contact one of our branches for details. Find a branch.
- Additional options for deposits over $250,000, and up to $50 million in FDIC coverage, are available through the CD Option of IntraFiSM Network DepositsSM (formerly CDARS®). Contact one of our branches for details. Find a branch.
- Certificate of Deposit (CD) Term
- Annual Percentage Yield (APY)*
- Interest Rate
- Frequency of Rate Change
- Open Now
Rates
A variety of CD options, both short- and long-term
- Certificate of Deposit (CD) Term
- Annual Percentage Yield (APY)*
- Interest Rate
- Frequency of Rate Change
- Open Now
- 91 Day
- 0.10%
- 0.10%
- At Maturity
- Open Now
- 6 Month
- 0.20%
- 0.20%
- At Maturity
- Open Now
- 9 Month
- 0.17%
- 0.17%
- At Maturity
- Open Now
- 12 Month
- 0.25%
- 0.25%
- At Maturity
- Open Now
- 18 Month
- 0.35%
- 0.35%
- At Maturity
- Open Now
- 18 Month Variable Rate**
- 0.15%
- 0.15%
- At Maturity
- Open Now
- 24 Month
- 0.40%
- 0.40%
- At Maturity
- Open Now
- 36 Month
- 0.45%
- 0.45%
- At Maturity
- Open Now
- 48 Month
- 0.55%
- 0.55%
- At Maturity
- Open Now
- 60 Month
- 0.60%
- 0.60%
- At Maturity
- Open Now5
Personal Certificate of Deposit (CD) FAQs
How does a Certificate of Deposit (CD) work?
CDs are a low-risk way to save while providing you with a higher rate than a savings account. You pick the term or length of time to keep a lump-sum deposited in the CD, and in return, you are guaranteed a fixed rate. Typically, the longer the term, the higher the interest rate. You’ll earn interest on your deposit until it matures at the end of the term, at which point you can collect the full amount.
Does USB offer any special promotional rate CDs?
Yes. Contact any local USB branch to learn about special rates that are available for a limited time only.
Does USB offer Individual Retirement Account (IRA) CDs?
Yes. USB offers IRA CDs with the same variety of terms as regular CDs—from 3 months to 5 years. IRA CD accounts are subject to IRS regulatory qualifications and restrictions. To learn more or to open an IRA CD, contact your local USB branch.
How do I know if a CD is right for me?
CDs work best for savers who are able to put away money that they don’t need to touch for a while. However, Union Savings Bank offers a variety of terms that could accommodate a wide range of savings goals, whether short- or long-term. You will also need to be able to meet the minimum deposit requirement of $1,000.
Disclaimers
CD rates are subject to change at any time and are not guaranteed until the CD is opened, which is the date of deposit to fund the CD. Interest will begin to accrue on the date of deposit.
*Assumes interest remains on deposit in your account to maturity. A withdrawal will reduce earnings. Early withdrawals are subject to a penalty fee, please refer to the Consumer Deposit Account Agreement for fee details.
**18-month Variable Rate CD offers a fixed term but a variable rate as rates fluctuate in the market, the CD rate will increase or decrease accordingly. The interest rate and annual percentage yield may change as often as daily, at our discretion. The 18-month Variable Rate CD is not available for online account opening and must be opened at a USB branch only.
IntraFiSM Network DepositsSM are service marks of IntraFi Network LLC