Unity Bank will be closed Thursday, November 27th in observance of Thanksgiving. We will resume regular hours on Friday, November 29th.
Grow your money with guaranteed returns and a fixed-rate CD.
At Unity Bank, our Certificates of Deposit (CDs) offer a simple, steady way to put your money to work. Lock in a competitive rate for a set term and watch your balance grow with confidence.
Why choose a Unity Bank CD?
- Guaranteed rate: Enjoy a fixed rate for your full term.
- Flexible terms: Choose from short-term to longer-term options to fit your goals.
- Local service: Open in-branch with a friendly banker.
Current CD Specials
CD Special
3.96% APY19 Months CD | $5000 Minimum
CD Special
3.91% APY218 Months CD | $2500 Minimum
IRA CD Special
3.80% APY324 Month CD | $2500 Minimum
Certificate of Deposit FAQ
What is a CD?
A certificate of Deposit is a time-deposit account that pays a fixed interest rate for a set term. You agree to leave the funds on deposit until maturity in exchange for a guaranteed rate.
How much do I need to open?
Minimum opening balances vary by term and promotional offer. See our current rates or ask a banker.
What happens at maturity?
At Unity Bank, our customers have a 10 calendar day grace period to withdraw, add funds, or change the term before the CD renews automatically at the then-current rate.
Can I withdraw early?
Yes, but an early withdrawal penalty will apply and may reduce principle. The penalty amount depends on your CD term. Ask us for details.
How is interest paid?
Interest can be paid monthly, quarterly, or at maturity depending on the terms of the CD. You can choose to compound in the CD or have interest transferred to another Unity Bank account.
Are Unity Bank CDs FDIC insured?
Yes. Unity Bank is a Member FDIC. Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
To see how your deposits are covered, you can use the EDIE (Electronic Deposit Insurance Estimator) tool provided by the FDIC. It helps you calculate your insurance coverage based on your account balances and ownership categories. Visit https://edie.fdic.gov/calculator.html?.