Focus theWay You Save
A CD is right for you if you’re looking for an account that allows you to earn a better interest rate than you’ll find in most traditional savings accounts. A certificate of deposit from Union Bank & Trust is a great option to help you focus your savings and earn more on your account balances. Here’s what you need to know about our CD accounts:
- $1,000 minimum balance
- Terms ranging from 6 months to 36 months
- Rate is determined by term and deposit amount
- Interest compounded annually on CDs with terms of one year or longer
- Funds are FDIC-insured up to $250,000
- Early withdrawal is subject to penalty
If you’re interested in opening a CD at Union Bank & Trust, call 612-379-3222 to speak with a member of our banking team.