A UMB Certificate of Deposit is a safe and secure way to earn a higher return on your investment. Highly competitive interest RATES (annual percentage yields) make a UMB Certificate of Deposit a wise investment.
Because our interest rates vary depending on the term of a Certificate of Deposit and we want to assist the customer in their choice of terms based upon investment needs, please Contact Us via phone or e-mail and a UMB representative will be happy to respond with details about current interest rates. You may also stop by any UMB Branch for more information about Certificates of Deposit.
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Maturities for CD's range from 30 days to 5 years |
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Minimum balance to open an account is $500.00 |
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Interest may be paid monthly, quarterly, semiannually, annually, or at maturity depending on term. |
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We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to be principal in the account each day. |
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A penalty may be imposed for withdrawals before maturity. |
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