Compared with some of the nation’s biggest banks, you could do worse.
That’s not to say California-based Union Bank has great CD rates. It doesn’t.
We’re just saying the rates are better than those offered by some of Union’s big bank bretheren.
Union’s 60-month CD is its only offering that comes close to scoring big, paying 2.00% APY with a $350 minimum deposit.
That’s about four-tenths of a percentage point more than the average annual yield of 1.61% that large banks and thrifts are paying for 60-month CDs.
The best way to score a CD rates touchdown is to check out our CD Rates Leaderboard. The 60-month leader there is paying 2.93% APY.
That’s nearly a full percentage point more than what Union Bank — with 396 branches in California, Oregon, Washington and Texas — is offering.
The only other above- or at-average rates from Union Bank:
6-month CD rate is 0.30% APY, which matches the average rate.
18-month CD rate is 0.60% APY versus an average rate of 0.48% APY for 12-month CDs.
48-month CD rate is 1.50% APY versus an average rate of 1.05% APY for 36-month CDs.
Compare Union’s rates with the best CD rates from scores of other banks in our extensive database.