Not your average CD.

Unlimited withdrawals after 7 days.

Keep earning on what stays behind.

3.25% APY*

7-Month Flex CD

Fixed rate for the full term.

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A smarter way to save

A flexible CD with a fixed rate — and penalty-free withdrawals after 7 days.

With the Union Savings Bank 7-Month Flex CD, you can make unlimited withdrawals from your certificate of deposit after just 7 days — with no penalty — while your remaining balance keeps earning at the same fixed rate.

Unlimited penalty-free withdrawals, after 7 days.

Your rate stays fixed for the full 7-month term — guaranteed, no matter how many withdrawals you make.

Lock in your rate.

Earn 3.25% APY* on your full balance. Withdraw a portion after 7 days and keep earning on the rest — at the same locked-in rate.

Take what you need

Only need part of your savings? Withdraw any amount after 7 days. The remaining balance in your Flex CD keeps compounding at 3.25% APY* with no penalty and no rate change.

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New Flex CD at 3.5% APY
New Flex CD at 3.5% APY

The Union Savings Bank Flex CD: built for real-life savings.

Everything included

  • A local Connecticut banking team. Open your Flex CD in-branch at any Union Savings Bank location, or online in minutes.
  • FDIC insured up to $250,000. Your Flex CD deposit is federally insured, so your principal and earned interest are protected up to the maximum allowed by law.
  • Open online in minutes or visit any Union Savings Bank branch. Minimum opening deposit: $1,000. No monthly fees.

Open your Union Savings Bank
7-Month Flex CD today.

Earn 3.25% APY* with a fixed rate for the full term. Make unlimited penalty-free withdrawals after just 7 days. FDIC insured. Open online or in any branch.

Open Now Find a Branch 866.872.1866

Flex CD

Where can I open a Flex CD in Connecticut?
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Disclaimers

* APY = Annual Percentage Yield. APY effective as of May 14, 2026, is subject to change, and may be withdrawn at any time. Minimum opening deposit of $1,000 required to earn APY. Maximum deposit of $750,000. The APY assumes that the principal and interest remain on deposit until the maturity date of your CD.

The Flex CD account allows for unlimited withdrawals during the term, with no penalty fee incurred after 7 days of opening and funding the account. There is a substantial penalty for an early withdrawal from this CD account which would occur within the first 7 days after opening the account. After the initial funding deposit at the time of account opening, deposits to the USB Flex CD are not allowed, even during the 10-day grace period following maturity. Upon maturity the 7 Month Flex CD will automatically renew into a 7 Month Flex CD at the current rate of interest. For accounts that renew into a Flex CD, there is no penalty fee for any withdrawals; additional deposits are not allowed.

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