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Savings Plans

First United Bank offers savings plans designed to meet your personal needs.

Statement Savings

Deposit or withdraw at any time, transferring money by phone or ATM is an added convenience. Interest on Statement Savings Accounts is posted monthly. Some withdrawal limitations apply.

Individual Retirement Account (IRA)

We offer a variety of investment options for retirement purposes. Talk to one of our retirement professionals for details.

Joan Larson
Joan Larson
Park River
284-7244

Cathy Nordquist
Cathy Nordquist
Park River
284-7244

 

Certificates of Deposit

Maturity Minimum Compounding Method
3 mos $500.00 quarterly
6 mos $500.00 semi-annually
1 year $500.00 annually
2 years $500.00 annually
3 years $500.00 annually
4 years $500.00 annually
5 years $500.00 annually

Junior Saver Program

  • Start with a minimum of $300 per year or $25 per month auto deposit
  • Interest paid semi-annually
  • Interest compounded semi-annually
  • Variable rate based on our 12 month CD, changing annually
  • Account matures at age 18 or in 5 years*

*Substantial penalty for early withdrawal

Super Saver Program

  • Start with a minimum of $1200 per year or $100 per month auto deposit
  • Interest paid semi-annually
  • Interest compounded semi-annually
  • Variable rate based on our 24 month CD, changing annually
  • One withdrawal of up to 10% of balance permitted each year without penalty
  • 5 year term*

*Substantial penalty for early withdrawal

  • Low minimum balance of only $1,000
  • Competitive rates

 

 
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