A CD is a deposit where you contract to leave your money on deposit for a specific period of time for a specific rate. A CD may be opened for as little as $500.00. Generally, the longer the money is left on deposit, the higher the interest rate. Substantial penalties exist for withdrawal prior to the maturity date.
Because our interest rates vary depending on the term of a CD 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 CDs.