Interest is calculated daily, based on the day of deposit to day of withdrawal.
Interest is paid monthly based on daily collected balance.
Annual Percentage Yield is subject to change daily. Fees could reduce earnings on the account. Annual yields on maturities of certificates of deposit less than 90 days are calculated using the simple interest method. Annual yields on maturities 90 days and over are calculated using quarterly compounding. If a certificate is automatically renewable, it will be renewed at the rate in effect at United Bank on the maturity date.