Interest checks are available. A single maturity account will convert to a non-interest bearing account at maturity. See your United Bank Customer Service Representative for the right IRA program for you. This is an interest bearing account. Deposits can also be made through automatic transfer or direct payroll deductions.
Interest is compounded daily.
Funds are available at any time for transfer to IRA Certificate of Deposit without penalty. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account daily. The interest rate and annual percentage yield are included in the Rate Chart. Interest begins to accrue on the business day you make your deposit.