There is no minimum deposit to open a ucÆåÅÆ CD Account.
CD Account
Lock in a CD while rates are still high
Choose your term. Enjoy the guaranteed returns.
Explore how your earnings grow based on your CD term.
Initial deposit
Please enter an amount between $1 and $5,000,000.
Earned interest with ucÆåÅÆ
This calculator and the values shown are intended for illustrative and informational purposes only and may not apply to your individual circumstances. This calculator uses an Annual Percentage Yield (APY) that is rounded to the nearest one-hundredth of one percentage point, e.g., .01%. However, actual interest earned calculations use an APY that is rounded to the nearest one-thousandth of one percentage point, e.g., .011%. As a result, the estimated interest earned value shown here may vary from the actual interest earned on your account. Calculation assumes principal and interest remain on deposit and interest rate and APY do not change.
% APYAnnual Percentage Yield (APY) is accurate as of XX/XX/XXXX, is subject to change without notice, and will be determined and fixed for the term at funding. Applies to personal accounts only. A penalty may be charged for early withdrawal. No minimum deposit required to open an account.
Get started with no minimum opening deposit required.
Need to withdraw early?
Just keep in mind that all CD accounts have a penalty if you withdraw before your maturity date. The early withdrawal penalty depends on the length of the CD.
âSimple interestâ is calculated by multiplying the daily interest rate by your principal by the number of days that elapse between payments. (One month equals 30 days for simple interest fee calculation.)
Beginning on the 8th day after your CD is opened and funded and for the next 22 calendar days, we will deduct each dayâs simple interest on the issue amount withdrawn from the funding date to the date of withdrawal. Thereafter, the Early Withdrawal Penalty will be calculated as described in the chart below.
In some cases, the early withdrawal penalty may reduce the principal in the CD.
CD FAQ
View CD FAQ
How can I fund my CD Account?
At the time of application, youâll have the option to fund now or fund later.
If you choose fund now, you can typically fund your CD account in one of the following ways:
- Transfer from an eligible ucÆåÅÆ bank account you own (internal transfer)
- Transfer from an external bank account you own (external transfer via ACH)
If you choose fund later, you can fund your CD account in one of the following ways:
- Transfer from an eligible ucÆåÅÆ bank account you own (internal transfer); you can initiate this transfer by sending a secure message or calling us
- Mail a check that includes your CD account number, made payable to you to:
     ucÆåÅÆ
     PO Box 30417
     Salt Lake City, UT 84130
 *Please note that Travelers Checks will not be accepted.
- Send a wire transfer; for domestic wire transfers (from another bank in the U.S.), please wire funds to:
     Beneficiary Bank: ucÆåÅÆ
     ABA/Routing Number: 031100649
     Beneficiary Bank Address (if required): 502 East Market Street, Greenwood DE 19950
     Beneficiary Name: Your name (as it appears on your ucÆåÅÆ bank account)
     Beneficiary Address: Your address (as it appears on your ucÆåÅÆ bank account)
     Beneficiary Account Number: Your ucÆåÅÆ bank account number
For more information about wire transfers or instructions for sending an international wire transfer, please refer to our âHow do I receive a wire transferâ and âIs there a fee for receiving a wire transferâ FAQs.
How is interest on my CD calculated?
Interest is compounded daily and credited to your account monthly.
When will I start earning interest on new deposits?
If we receive your deposit before your Account is opened, interest will begin to accrue on the deposit on the Business Day your Account is opened. Once an Account is opened, interest begins to accrue on a deposit on the Business Day we receive your deposit.
Is the CD Account FDIC-insured?
Yes, funds in ucÆåÅÆ deposit accounts are FDIC insured up to the maximum amount allowed by law. For more information, visit our FDIC information page.
We make it easy to get started
1
Enter some basic information to get started.
2
Make a deposit now or come back laterâwhatever works for you.
3
Check your email for confirmation from us, and you're all set!
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Save with confidenceâyouâre FDIC-insured
- FDIC deposit insurance is up to $250,000 per depositor, per insured bank, per deposit ownership category
- May apply to retirement accounts
- Coverage is automatic