Bank of Utah is a Utah based bank that was established in 1952.  Bank of Utah provides a number of financial services in the northern area of Utah.  The bank offers personal banking, business banking, home lending, and trust services.

Bank of Utah offers a number of savings options for consumers in the market region served to choose from.  Standard savings products include: statement savings accounts, money market accounts, IRAs, certificates of deposit with competitive Utah CD rates and Bridal Savings Account to help newlyweds save for a home.

The statement savings account offered by the bank is a simple account that offers interest compounding daily and has a minimum opening deposit of just $200.00.

The money market account is a tiered interest rate account, the more money held in the account the higher the interest rate earned on the account.  The minimum opening deposit is $1000.00. 

The bank certificates of deposit (CD) earn a guaranteed interest rate with a choice of several different maturities.  The length and amount of the deposit determines the rate of interest you earn.  Most of the banks CDs require a minimum deposit of $1,000.00; the short term 30 day certificate has a minimum of $2,500.00.

Current CD rates in Utah offered by Bank of Utah include:

30 day CD rate is 0.60% 
60 day CD interest rate is also 0.60% 
90 day bank CD rate stays at 0.60% 
182 day CD rate is 0.75% 
1 year CD rate is 1.00% 
18 month bank CD rate is 1.25% 
2 year CD interest rate is 1.50% 
30 month CD bank rate is 1.70%
3 year bank CD is 2.00% 
4 year CD rate is 2.25% 
5 year CD interest rate is 2.50% 

The bank also offers two promotional CD rates in Utah.  The bank offers an 8 month term CD with an interest rate of 1.00% and a 15 month CD that earns a rate of 1.49%.  Both of these bank CDs require a minimum deposit of $10,000.00.

CD rates in Utah offered by Bank of Utah are subject to change and additional conditions may apply to open these accounts.  For current CD rates and account information a bank representative can be reached at 800-516-5559.

Tags: , , , , , , , , ,

No user commented in " Utah CD Rates with Bank of Utah "

Follow-up comment rss or Leave a Trackback

Leave A Reply

 Username (*required)

 Email Address (*private)

 Website (*optional)