The certificates of deposit at Univest Bank and Trust are available to save and manage money for short to long period of time to cover a range of financial needs. Univest Bank and Trust pays competitive interest rates on all of the funds that are deposited for a fixed period of time to consumers that open a CD account with the bank. The investments in the Univest Bank and Trust CDs allows account holder to maximize their rate of return available on bank held savings while benefiting from the security of FDIC insurance.
Along with the security of fixed maturities and security, the Univest Bank and Trust CDs are available with different terms to appeal to different savings needs. At the present time, Univest Bank and Trust offers traditional fixed term and fixed interest rate CDs for investors that wan stability and earn a guaranteed interest rate. The bank also offers flex rate CDs which offer CD interest rates that can vary monthly but are guaranteed to never go below the initial CD rate at time of opening.
A third innovative variation of the bank CD is promoted by the bank as the 3D-CD. This special term CD has a 3-year term with a guaranteed interest rate for each 12-month period. The 3D-CD bank CD allows the account holder to withdraw all of the funds from the account during a 10-day redemption period at each 12-month anniversary.
Univest Bank and Trust products and services including the bank CDs are available in the market area served by the bank in Pennsylvania. Univest Bank and Trust is headquartered in Souderton, Pennsylvania and operates 32 financial service centers in Bucks, Chester, Montgomery and Lehigh counties.
A sample of the current CD rates available at Univest Bank and Trust includes the following CD interest rates and terms:
The 90 day or three month CD rate is 0.05 percent.
A six month CD has an interest rate of 0.15 percent.
The one year CD rate is 0.35 percent.
A 15 month certificate has a rate at 0.40 percent.
The two year CD interest rate is 0.50 percent.
The three year CD rate is at 0.75 percent.
A four year bank CD has a yield at 1.00 percent.
The five year CD interest rate is 1.25 percent.
The 18 month flex term CD has an interest rate of 0.20 percent.
The 3D-CD has an overall rate of 0.53 percent. The first year CD rate is 0.35 percent, the second year rate is at 0.50 percent and the third year rate is 0.75 percent.
Bank CD account customers can elect to have the interest earned on the accounts paid to them by check, added to their CD account, or deposited into another Univest Bank account. Additional CD rates and terms are available from the bank. The CD rates and Annual Percentage Yields and are accurate as of October 27, 2012 and are subject to change at any time. A penalty may be applied for early withdrawal. Withdrawal of interest may reduce earnings.
To obtain more account information and current CD rates from Univest Bank contact the bank customer service number at 877.723.5571. To see a list of bank branches with the branch phone number and hours of operation see Univest Bank locations. Finding the best CD rates in the area can be found by comparing the Univest Bank CD rates with a list of the top Pennsylvania CD rates.