We've increased the deposit rates on two popular savings options - Certificates of Deposits and High Yield Savings accounts!
- 1.25% APY* on a 3 year Certificate of Deposit
- 0.40% APY* on a High Yield Savings Account
Choosing the right type of account for saving is just as important as saving money. With many variations, how do you know which type of account is right for you?
Certificate of Deposit (CDs):
When you save with a CD, you'll put a certain amount of money into an account for a fixed amount of time. When your CD matures, you'll receive your initial deposit as well as the earned interest, assuming you haven't made an early withdrawal (which can come with an early penalty.) CDs can be opened with as little as a $500 deposit.
High Yield Savings Account:
A high yield savings account allows you to earn interest on the money deposited into the account. Unlike a CD, these funds remain liquid allowing you to make a withdrawal if needed. A high yield savings account can be opened with a $10,000 minimum deposit.
*APY = Annual Percentage Yield. Rate subject to change without notice. Federally insured by the NCUA.
ABOUT UNITY ONE CREDIT UNION
Established in 1927, Unity One Credit Union is the oldest credit union in Texas. A member-driven and not-for-profit cooperative, Unity One CU served the employees and families of the BNSF Railway for 70 years. However, after transferring its corporate headquarters to Fort Worth in 1998, the credit union expanded its field of membership to include other non-railroad companies, organizations and individuals.
Today, anyone who lives, works, worships or attends school in Fort Worth, Blue Mound, Saginaw, Haslet, Keller, Colleyville, Bedford, North Richland Hills, Southlake, St. Paul, MN and Kansas City, KS may apply for membership. Unity One CU has seven branches to serve over 30,000 members nationwide. For more information about Unity One Credit Union, visit www.unityone.org. Think outside the bank.™ www.unityone.org