UBT is dedicated to supporting its community in every way possible, including the environment. They plant trees in local parks, donate blood, volunteer where they can, and donate money to organizations that need it.

Employees at UBT are also encouraged to be philanthropists and as a result, volunteer their time and money wherever it is needed.

In all these aspects, Union Bank & Trust is also very effective in supporting investment plans by offering convenient Certificate of Deposit options to investors.

Union Bank & Trust CD Rates Offers

The most prominent CD rates Offers are explained next with complete details.

6-Month CD

  • APY (Annual Percentage Yield):
    • $1,000-$24,999.99: 1.56%
    • $25,000 & OVER: 1.66%
  • Considerations:
    • Short-term investment with moderate returns.
    • Suitable for those seeking quick access to funds after a brief period.

Pros & Cons

Quick access to funds after 6 monthsRelatively lower APY compared to longer terms

8-Month CD

  • APY:
    • $1,000-$24,999.99: 1.61%
    • $25,000 & OVER: 1.71%
  • Considerations:
    • Slightly longer term than 6 months for a slightly higher return.
    • Ideal for individuals looking for a short-term investment with a bit more yield.

Pros & Cons

Slightly higher APY than 6-month CDStill a relatively short-term commitment

10-Month CD

  • APY:
    • $1,000-$24,999.99: 5.46%
    • $25,000 & OVER: 5.56%
  • Considerations:
    • Higher APY, making it an attractive option for those willing to lock in funds for a short period with a higher return.
    • Potential for a more significant yield compared to shorter-term CDs.

Pros & Cons

Attractive for those seeking higher returns in a short timeNot suitable for immediate liquidity needs

9-Month CD

  • APY:
    • $1,000-$24,999.99: 1.61%
    • $25,000 & OVER: 1.71%
  • Considerations:
    • Similar to the 8-month CD but slightly longer term with slightly higher returns.
    • Considered a short-term investment with a moderate yield.

Pros & Cons

Moderate APY for a short-term commitmentHigher returns possible with longer-term options

11-Month CD

  • APY:
    • $1,000-$24,999.99: 1.66%
    • $25,000 & OVER: 1.76%
  • Considerations:
    • Another short-term option with a bit higher APY than the 10-month CD.
    • Suitable for those seeking a short-term commitment with a slightly better return.

Pros & Cons

Slightly higher APY than 10-month CDStill a short-term commitment

12-Month CD

  • APY:
    • $1,000-$24,999.99: 1.71%
    • $25,000 & OVER: 1.81%
  • Considerations:
    • Offers a higher APY, making it a more lucrative option for a one-year commitment.
    • Suitable for individuals looking for a moderate-term investment with a competitive yield.

Pros & Cons

Higher APY for a one-year commitmentLimited liquidity during the term

16-Month CD

  • APY:
    • $1,000-$24,999.99: 4.94%
    • $25,000 & OVER: 5.04%
  • Considerations:
    • Longer term compared to the 12-month CD with a much higher APY.
    • Appropriate for those willing to lock in funds for a bit longer to achieve a relatively competitive yield.

Pros & Cons

Attractive for those seeking higher returns with a slightly longer commitmentOpportunity cost for tying up funds for an extended period

Are Union Bank & Trust CD Rates Competitive?

Union Bank & Trust’s Certificate of Deposit rates demonstrates a mix of competitiveness across various terms.

Notably, their 10-month and 16-month CDs offer exceptionally high Annual Percentage Yields (APYs) of 5.04% and 4.94%, respectively, for deposits of $1,000 and above.

These rates are notably higher than industry averages for short to moderate-term CDs, making them quite competitive for investors seeking substantial returns within a relatively brief time frame.

However, it’s essential to consider that the competitiveness of these rates varies across terms, with some options providing more modest yields.

Additionally, the bank’s shorter-term CDs, like the 6-month and 8-month options, offer relatively lower APYs, which might be less appealing to those prioritizing quick returns.

Union Bank & Trust CD rates are particularly competitive for certain terms, offering an attractive balance between short-term flexibility and the potential for higher returns, especially for those willing to commit to the 16-month or 10-month terms.

Overview Union Bank & Trust

Union Bank and Trust was founded in 1917 and is a family-owned business that has strong roots within its community. Most recently, UBT was named the number 2 bank in the United States by Forbes.

During the holidays, UBT has a program called Magic Moments that gives special gifts to 10 families in the community that are either less fortunate or have done something to earn recognition.

To help the community stay safe from potential identity fraud, UBT also hosts Shred Day, which is an event that encourages the public to bring documents to be shredded so their information doesn’t get stolen.

UBT is also dedicated to keeping its community members as knowledgeable as possible when it comes to their finances. 

That’s why they have also established a Financial Literacy program in which UBT teams up with community non-profits to provide financial literacy courses either online or in-person to those who may need it.

The program is led by Caitlin Moore, who is an experienced financial coach who covers over 40 educational topics to help people take control of their finances.


You do not need to be a member of Union Bank and Trust in order to open a CD with them. As a result, you can open one up online. Be sure to have all of your information ready so that you can open the account as quickly and effectively as possible.

Locations Union Bank & Trust

Branches in Nebraska

The branches in Nebraska are:


Frequently Asked Questions

How does the Union Bank & Trust CD interest rate compare to competitors?

Union Bank & Trust offers competitive CD rates, especially for terms like 10 months and 16 months. Rates vary, so it is better to compare with other banks of interest to ensure the best return on investment.

What are the penalties for early withdrawal from a Union Bank & Trust CD?

Early withdrawal penalties depend on the CD term. Understanding of terms and potential penalties is appreciated before investing.

Can I open a Union Bank & Trust CD online, and what is the process?

Yes, Union Bank & Trust allows online CD applications. The process typically involves providing personal information, funding the CD, and electronically signing necessary documents. Online access may offer convenience.

Are there any additional features or perks with Union Bank & Trust CDs?

Union Bank & Trust may offer features like automatic renewal and the option to receive interest disbursements. It can help tailor the CD to meet specific financial goals and preferences.