CDs & IRAs

Certificates of Deposit

Saving for future purchases. Education. Retirement. Whatever your goals, United State Bank offers a wide variety of Certificates of Deposits. Our experienced staff can help you choose which maturity term and interest rate best fits your needs. Certificates are a low-risk investment choice providing you with a higher fixed interest rate than a regular savings account and the assurance that each dollar you invest will be returned at maturity, plus interest!

All of United State Bank’s certificates are automatically renewable for your convenience, so no need to go to the bank at renewal time.

Want a choice in how you receive interest? At United State Bank, you can choose to have your interest paid by check, deposited directly into another United State Bank account of your choice, or credited directly to the certificate.

United State Bank offers competitive interest rates and a variety of maturity terms to best suit your needs. We offer terms ranging from 30 days to 60 months. The minimum opening balance required is $1,000.

Individual Retirement Accounts

IRAs allow you to save for your retirement, and at the same time provide a great tax-saving tool.* United State Bank offers two IRA investment options, both offering different benefits to meet your unique needs.

Flexibility in choosing investment option and contribution amounts
Ability to leave your assets to your beneficiaries of choice
Tax-deferred earnings until withdrawn
Your contribution may be tax deductible*

How it works:

Once you establish an IRA, you may contribute any amount up to your annual limit.
Earnings accrue tax deferred on the investments within your IRA as you contribute year to year, increasing your
IRA balance until you are ready to withdraw the money.
Once you reach the age 59½, you may withdraw as little or as much money as you want penalty-free until age 70½.
After age 70½, you must take a minimum distribution each year.

Flexibility in choosing investment option and contribution amounts
Ability to leave your assets to your beneficiaries of choice
Tax-free distributions (if qualified)*
No required minimum distributions

How it works:

Once you establish a Roth IRA, you can contribute any amount up to your annual limit.
Since the money you contribute to a Roth IRA is already taxed, the distribution automatically comes out tax-free.
Earnings are tax-free if you’ve had a Roth IRA for at least five years, and you’re age 59½ or older.
You can access funds in your Roth IRA at any time, but if you distribute all of your assets before meeting the requirements, you may be subject to taxes on the earnings including an early distribution penalty tax.