Certificate of Deposit Registry Service

With CDARS, you can enjoy full FDIC coverage, say "goodbye" to running around town to multiple banks. No more opening up multiple title accounts in different rights and capacities of family members to maximize FDIC insurance at one bank. One statement to consolidate accounts. Invest up to 50 million, with full FDIC coverage.

Requirements & Features

  • $10,000.00 Minimum Opening Balance
  • Various terms offered - 4 weeks to 52 weeks, 2 years or 3 years
  • Automatic renewal option available
  • Interest compounded daily and paid monthly, quarterly, semi-annually, annually or at maturity

Service Fees

  • None
  • Restrictions: Penalty for early withdrawal1
    FDIC Insured
  1. If a CD is withdrawn before the maturity date, a penalty as shown below will be imposed by United Security Bank and will be charged to the account. An early withdrawal may invade principal. No penalty will be charged for early withdrawal of a CD product upon the death of an individual who is the sole account holder of CD. This penalty waiver applies to an individual who is named account holder, as well as an individual who is the sole current mandatory or discretionary beneficiary of a trust, including the sole current beneficiary of an unitrust. Early withdrawal of a CD may be made only in whole, not in part.
4 week CD - 28 days of simple interest
13 week CD - 90 days of simple interest
26 week CD - 90 days of simple interest
52 week CD - 180 days of simple interest
2 year CD - 360 days of simple interest
3 year CD - 540 days of simple interest
5 year CD - 900 days of simple interest