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Personal Certificate of Deposit (CDs)

Traditional and FLEX CDs

When you commit to keeping your funds with Union Bank for a defined period of time, we reward you with our highest interest rates. A Bank Certificate of Deposit (or CD) is an interest-earning vehicle that keeps your funds on deposit for an agreed length of time. CDs are said to have “matured” when their term is up. There is often a penalty for withdrawing your funds before the maturity date, but, at Union Bank, the interest your CD bank account earns doesn’t have to remain in the CD until maturity. You can choose to deposit the interest you’ve earned automatically into another account, or use your CD as collateral for a loan. Union Bank offers a variety of terms and options to tailor your CD to meet your needs, and both Traditional and FLEX CDs enjoy FDIC-insured funds up to applicable limits.

Need more flexibility? A FLEX CD offers even more options than a Traditional CD, including unlimited deposits and one monthly withdrawal without penalty (up to 25% of the principal balance; minimum CD balance requirement applies). No-penalty CDs are a great way to invest your money while maintaining some access to your funds.


Certificate of Deposit Account Registry Service (CDARS®)

Deposits up to $250,000 are insured by the FDIC. When you sign a Certificate of Deposit Account Registry Service (CDARS) agreement with Union Bank, you also receive full FDIC insurance for high-dollar deposits over $250,000.

Watch the video below, for an overview of the CDARS program.

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Contact us for more information.


Download Deposit Account Comparison Chart

Setting aside your money for a defined period of time is a commitment that we don’t take lightly. At Union Bank, you know your money is in good hands – we’re local and not going anywhere. Since 1891, Union Bank has proudly served the people and businesses in its communities. We have friendly, helpful representatives throughout Northern Vermont and New Hampshire, with 18 branch locations in Berlin, Danville, Fairfax, Hardwick, Jeffersonville, Johnson, Lyndonville, Morrisville, St. Albans, St. Johnsbury, Stowe, Groveton, Lincoln, Littleton, and North Woodstock.