Certificates of Deposit

Guaranteed rates: See more of the green

Whether applying online or in branch, we offer many CD terms to fit your financial goals. Scroll down to see all available terms.

CD Specials

Get a great rate on a 6 or 12-month CD




$1,000 minimum deposit

6 months


12 months


The Annual Percentage Yield (APY) is based on quarterly compounding. You must maintain a minimum balance of $1,000 to open the account and obtain the APY. Penalty for early withdrawal, which may reduce earnings.

An illustration of someone watering a plant sitting on top of a giant pile of coins

Effective as of June 18, 2024

All rates and terms for certificates of deposit & individual retirement accounts (IRAs)

TERM Online Application APY*
$1,000 minimum deposit
6 months Open Online 4.95%

7 months

8 months   1.71%
9 months   1.71%
10 months   1.76%
11 months   1.76%

12 months

Open Online 4.75%
13 months   1.81%
15 months   1.81%
15 months Access** (CD only)  


$10,000 min to open (new money)

16 months   1.86%
17 months   1.86%

18 months

19 months   1.91%
20 months   1.91%
23 months   1.91%
24 months Open Online 2.02%
27 months   2.02%
30 months   2.22%
36 months   2.27%
48 months Open Online 2.27%
60 months Open Online 2.32%

Variable Rate Individual Retirement Accounts

18 month Variable***   1.97%


Current rates apply to new CDs and renewals at maturity only.

*The Annual Percentage Yield (APY) is based on quarterly compounding. Unless otherwise noted, you must maintain a minimum balance of $1,000 to open the account and obtain the APY. Penalty for early withdrawal, which may reduce earnings.

**The Access CD offers a guaranteed annual percentage yield with the flexibility of penalty free withdrawals. Withdrawals made during the 6 days after opening or 6 days after each subsequent withdrawal will be assessed a penalty, which may reduce earnings. Requires $10,000 minimum to open

***Variable Rate IRA rate is subject to change after the account is opened. No minimum balance required to open account or obtain APY.



CDARS Program

Make large cash deposits quickly and confidentially

If you have more than $250,000 to invest and you want it insured under the FDIC, CDARS (the Certificate of Deposit Account Registry Service) can help.

  • Make a large deposit quickly and confidentially through UBT
  • Enjoy full FDIC insurance, up to $30 million
  • Work directly with UBT as your one trusted contact for your savings

Frequently Asked Questions

How am I notified when my CD is mature?

We will send a maturity notice by mail two weeks prior to maturity.

How long is my grace period? (CD's)

The grace period on a Certificate of Deposit is the maturity date plus 10 calendar days.

Why would I want to open a CD?

CDs offer a few advantages.

  • CDs typically pay a higher interest rate than other FDIC insured deposit products. Usually, the higher the rate, the longer the term.
  • Your returns are guaranteed. You will know exactly how much money you will earn by the time the CD matures. 
  • CDs also have the security of being FDIC-insured up to the maximum limits.
What is the forfeiture for early withdrawal from a CD?

7-90 day CD - All interest is lost

3-9 month CD - 92 days' worth of interest is lost

10-60 month CD - 182 days' worth of interest is lost

Can I have my CD's interest direct deposited into my checking account?

Yes, you can have interest direct deposited into your checking account or reinvested into your current CD

When is interest deposited? (CD’S)

Interest is applied to Certificates of Deposit quarterly and at maturity.

Need more help?

Contact a personal banker near you

Important Information About Procedures For Opening A New Account—

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you; we may also ask to see your driver’s license or other identifying documents.