Additional Required Deposits
For each of the next nine years, a deposit equal to the initial deposit selected above is required. Deposits made in excess of the required deposit may be carried over to meet the next year's requirement. Additional unlimited deposits may also be made.
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Cash Bonus If you make the nine consecutive yearly deposits equal to your initial deposit, United Community Bank will pay you a CASH BONUS that will match your initial deposit. For example, if you choose a $1,000 Bright Future CD and you continue to add $1,000 for the next nine years, UCB will pay you a $1,000 interest bonus at maturity.
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Interest
The interest rate is equal to the One-Year Certificate of Deposit and will change annually on each anniversary date of your Bright Future CD to the current One-Year CD rate. Interest is compounded and credited quarterly on the daily balance.
$500, $1,000, $2,500 or $5,000 minimum deposit to open account and maintain annual percentage yield. Penalty equal to 90 days' interest may be imposed for early withdrawal and bonus will not apply. Certificate cancelled if required annual deposit is not made.
