Dedicated to Deposits: Deals, Data, and Discussion

2.25% 12-Month CD at United Western Bank in Colorado - Local Only


United Western Bank
United Western Bank is offering a special 2.25% APY 1-year CD. A checking account is required, and the checking account must be kept active for at least 6 months after the CD is opened. Activity must include at least one deposit per month averaging $100. The CD rate is 2.00% APY when opened and until qualifications are met. Minimum initial deposit is $500 for the CD and $100 for the checking account. Offer expires October 15, 2009.

This special doesn't appear to be listed at the bank's website. It was advertised in the 9/06/09 edition of the Denver Post newspaper. The ad is available online here.

It appears that the bank's free checking should qualify. The monthly deposit requirement should be able to be met by using an ACH transfer service of an online bank.

It appears that a branch visit is required to open the accounts. Branches are located in Denver, Boulder, Fort Collins, Longmont, and Loveland, Colorado.

United Western Bank's ratings for safety and soundness are fair: 3 stars (performing) at and 3½ stars (good) at BauerFinancial. Both ratings are based on 3/31/09 financial data. The bank has been a FDIC member since 1962 (FDIC Certificate # 31293).

Other Competitive Certificate of Deposit Rates

  Tags: Colorado, CD rates, United Western Bank

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