CERTIFICATES OF DEPOSIT
If you're looking for a safe place to keep your money and at very competitive rates, then this is the investment instrument for you. CUB's Certificates of Deposit offer a wide variety of maturities to meet your investment needs. Terms range from 91 days to as long as ten years.
- Minimum opening/renewal deposits of $2,500 (not including specials)
- Interest is compounded semi-annually
- Interest may be paid by check, or direct deposited to checking/savings account on a monthly, quarterly, semi-annually or annual basis
- Withdrawal of funds prior to maturity incurs a penalty
- 1 year or less -- 90 days of interest
- More than 1 year -- 180 days of interest
- In the event of death, there is no penalty
- Grace period of ten calendar days granted to account holder after maturity
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Account Disclosures
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