Certificates


Do you have an extra $500+ that you won't need to use soon? A Certificate of Deposit (CD) is the perfect way to use your money knowing you'll be earning top dollar.  A CD gives you an even better interest rate on your money than you would get in a savings account because we know that the money won’t be withdrawn for an extended period.

A certificate is a very safe investment. Even if you need to withdraw the money before you expect, you won’t lose any of the principal that you invested. Your CD is insured up to $250,000 by the NCUA.   

A CD provides members with the opportunity to lock-in a fixed rate of return for a specified length of time. With CDs, you are guaranteed a competitive interest rate for the full term of the CD. Open a United Energy CD for as little as $500. Select the term, as few as 6 months or as long as 12 months, and watch your savings grow. If you are looking for a flexible and guaranteed investment at a competitive rate, a CD might be a great option for you. One way we thank United Energy members is in the form of great rates.   

When you open a Certificate of Deposit with us, here’s what to expect:  

  • The minimum deposit to open a CD is $500.

  • The interest is paid at maturity.

  • Options for investment terms are 6 months and 1 year.

  • Members can add to their CD at any time while keeping their original rate and term.

  • The rate at which the CD is issued will be guaranteed the entire term of the CD. 

  • Provides the option for automatic renewal at maturity

  • Provides a 7 day grace period after maturity to allow for movement of the funds without early withdrawal penalty

  • There is a penalty associated with early withdrawal.

  • Your funds are insured by the NCUA up to $250,000.

Click here to check out our CD rates. If you have any questions, please feel free to contact us.