Super Saver Certificate of Deposit
My Utah is landscapes that are otherworldly
and accounts that are extraordinary.
Looking to save for a specific goal? Bank of Utah’s Super Saver CD
can help you grow your money. Like traditional CDs, you lock in an
interest rate for a specific term, but it’s unique in that you can continue
to add funds to it.
This allows you to deposit more money as it becomes available to you,
and prevents you from spending it once you put it in your account,
making it a great way to reach any savings goal — a vacation or a down
payment on a home.
The Super Saver CD has a 1-year term. You can even open it in the fall
and have it ready for the holidays the following year!
This account can only be opened in our branches.
Get started by visiting one of our Bank of Utah locations.
Find a Branch Know What to Bring
Benefits
Deposit Money Automatically
With recurring transfers that you can set up to directly move money from your checking to your Super Saver CD
Boost Your Earnings
With a low-risk savings option that earns interest, with no monthly maintenance
fee attached
Pick Your Statement Method
With options that include eStatements or paper statements, and access to your
account online
Features
- Set aside funds for a 1-year term with the Super Saver CD.
- Open your account with a minimum deposit of $500.
- You may make deposits of $100 or more during your 1-year term.
- Interest will be compounded, and credited to your account, every quarter on accounts with terms of 1 year or more.
- Money can only be withdrawn at maturity. Any early withdrawal will have a penalty fee imposed.
- This account will automatically renew at maturity unless you provide the bank with written notice of your intent not to renew. The written notice must be provided either before the maturity date or within a grace period of 10 calendar days after maturity, which allows you to withdraw the funds without penalty.
- The interest you earn is adjusted at maturity to match our 1-Year CD rate (see rate below).
