CDs & IRAs

  • Certificates of Deposit

    Time certificate of deposits offer various terms at competitive fixed rates. This account may be for you if you have excess monies that do not need to be drawn in the near future. Requirements or Features Minimum opening balance $1000.00/$100,000.001  Various terms offered - 30 days to 5 years Transfer of interest or automatic reinvestment options Automatic Renewal Interest compounded daily and paid monthly, quarterly, semi-annually, annually or at maturity Service Fee None Restrictions: Penalties for early withdrawal2 FDIC Insured   Disclosure Information 1. $1000 for CD's under $100,000, $100,000 for CD's over $100,000. 2. Withdrawal of funds from a time deposit prior to maturity are subject to penalties; Seven (7) days interest on the amount withdrawn if the withdrawal is made within the first six (6) days after the deposit. Time Deposits with an original maturity of one year or less are subject to one month's interest penalty; Time Deposits with an original maturity of more than one year are subject to three months interest penalty.Upon death or "judicially declared incompetent" of any owner of a time certificate of deposit, whether or not named on the deposit instrument, withdrawals can be made before maturity without forfeiture of interest.   Read More
  • Rate Increase CD*

    Looking for a way to generate more income from your CD's? United Security Bank has just the product for you! Our new Rate Increase CD allows you to take control of your finances. With our new Rate Increase CD you have the ability to request a rate increase one time during the CD's term to United Security Bank's currently offered 2 year CD rate. Come by one of our conveniently located branches today to set up your Rate Increase CD. Requirements $1,000.00/$100,000.00 Minimum Opening Balance1 2-yr term Automatic renewal Interest Compounded Daily, Paid Monthly FDIC Insured Service Fees No service fees Restrictions: Penalties for early withdrawal2 Disclosure Information 1. $1000 for CD's under $100,000, $100,000 for CD's over $100,000. 2. Withdrawal of funds from a time deposit prior to maturity are subject to penalties; Seven (7) days interest on the amount withdrawn if the withdrawal is made within the first six (6) days after the deposit. Time Deposits with an original maturity of one year or less are subject to one month's interest penalty; Time Deposits with an original maturity of more than one year are subject to three months interest penalty.Upon death or "judicially declared incompetent" of any owner of a time certificate of deposit, whether or not named on the deposit instrument, withdrawals can be made before maturity without forfeiture of interest. Read More
  • Floating Rate CD

    This two year certificate allows the interest rate to rise with the Wall Street Journal Prime Rate however, the rate will never fall below the initial interest rate and annual percentage yield. Requirements or Features $10,000.00 Minimum Opening Balance 2-year term Automatic renewal Interest compounded daily and paid monthly, quarterly, semi-annually, annually, or at maturity. Service Fees No service feesRestrictions: Penalties for early withdrawal.1 Balance may not fall below $10,000 during two year termFDIC Insured Disclosure Information 1. Withdrawal of funds from a time deposit prior to maturity are subject to penalties; Seven (7) days interest on the amount withdrawn if the withdrawal is made within the first six (6) days after the deposit. Time Deposits with an original maturity of one year or less are subject to one month's interest penalty; Time Deposits with an original maturity of more than one year are subject to three months interest penalty.Upon death or "judicially declared incompetent" of any owner of a time certificate of deposit, whether or not named on the deposit instrument, withdrawals can be made before maturity without forfeiture of interest. Read More
  • 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 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 ... Read More