Time Deposits from Union Bank of California
You can open a CD with just $350 for a term between 32 days and 60 months; for a seven to 31 day term, the minimum deposit is $2,500. Interest is fixed, compounded daily, and paid as frequently as monthly, though interest for CDs with terms of less than a year are paid at maturity. You must pay a fee if withdrawing your funds before the end of the term.
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