Certificates of Deposit
In an uncertain economy, a Certificate of Deposit is still the safest option for the conservative investor. We have CDs in a variety of terms from 91 days to 10 years.
Our CD interest rates are among the highest in the state. We invite you to compare our rates to any other bank.
We do not accept deposits from outside our market area.
Union Savings is a member of the IntraFi network, offering customers the ability to maintain more than the standard FDIC insured coverage limit of $250,000 for deposits. For large depositors looking for additional protection and a single financial relationship, consider our Insured Cash Sweep (ICS) or Certificate of Deposit Account Registry Service (CDARS).
Ask one of our new account specialists for details today!
Individual Retirement Accounts ("IRAs")
Save for your retirement with an IRA from Union Savings and Loan. USLA offers both Traditional IRAs and Roth IRAs. Depending on your particular situation, both can be useful not only for retirement savings, but can often be a useful method for tax planning.
1 Penalty waived at maturity, during 7 day grace period, and for IRA owners over 59 1/2. The rate may change once the account is opened.
2 Penalty waived at maturity and during 7 day grace period ONLY. IRA contributions and distributions allowed at maturity and during 7 day grace period ONLY.
How much can I contribute to an IRA?
The maximum amount you are allowed to contribute to an IRA, Traditional or Roth, changes each year, and is higher for those age 50 and over.
Tax Year 2023:
Tax Year 2024:
*If you are age 50+, you are allowed a "catch-up" contribution of an extra $1000 over these amounts.
These numbers are provided for information only. Please see you tax professional for information specific to your particular case.