Certificates of Deposit

Available in terms from three months to five years. Rates are subject to change on a monthly basis, but are fixed for the term when a CD is purchased. Minimum deposits are required and vary depending upon terms. Dividends are posted monthly by compounding to the CD balance, deposited to your Savings Plus account, or a check sent by mail. Penalties for early withdrawal may apply.

United Financial also offers IRA certificates for Traditional & Roth IRA funds for various term limits.

Individual Retirement Accounts

Traditional IRA

Supplement your pension and social security with a Traditional IRA from United Financial. Your funds are tax deferred, may be tax deductible and they are insured separately up to $250,000 by the NCUA. United Financial also offers IRA certificates or various term limits and potentially higher dividends. You may also directly transfer certain qualified retirement plan money to this account.

Roth IRA

With a Roth IRA, there is no age limit for required distributions. You may withdraw any contributions (deposits) you have made to this account at any time and for any reason – without being taxed or penalized. If you choose to withdrawal earnings (dividends), you are subject to penalty and tax unless you meet certain qualified distribution requirements. Roth IRA funds are insured separately up to $250,000 by the NCUA.

Traditional and Roth IRA certificates are available.