Certificate of Deposit (CD)
The benefits of a CD are two-fold. If you don’t need immediate access to your funds, not only will you have a safe haven to store your money, you'll earn more interest on the money you're saving than if you were to leave it in a regular savings account.
With a Unitus CD, you'll enjoy:
- Immediate interest accrual
- Monthly compounding interest
- Interest earned penalty-free
- Competitive rates
- Terms ranging from 6 months to 5 years
- No set-up or administration fees
- Federally insured up to $250,000
Even better yet, you can open, close or renew your CD online or over the phone. It's one of the simplest ways to save both your time and money.