Some of your Questions:
Saving Accounts
How do I open a United Financial Savings Account?
To open a United Financial Savings Account, you can visit our website and fill out the online application. Our friendly staff will guide you through the process.
Is there a minimum balance requirement for this account?
No, there is no minimum balance requirement for a United Financial Savings Account. You can start saving with any amount that suits your budget.
What is the interest rate on the Savings Account?
Our interest rates may vary from time to time, but we offer competitive rates that help your savings grow. You can check the current rates on our website or contact our customer support for the latest information.
Mortgages
What is mortgage refinancing?
Mortgage refinancing is the process of replacing your current mortgage with a new one, typically to secure a lower interest rate, change the loan term, or access equity in your home.
Why should I consider refinancing my mortgage?
Refinancing can lower your monthly payments, reduce your interest rate, shorten your loan term, or allow you to access cash from your home's equity for other financial needs.
Will I need to go through the mortgage application process again?
Yes, when refinancing, you'll need to go through a similar application and approval process as you did when initially obtaining your mortgage. However, the process is often more streamlined for refinancing.
Checking Accounts
What types of checking accounts do you offer?
We offer a variety of checking accounts to suit your needs, including Basic Checking, Premium Checking, and Student Checking. Each comes with its own set of features and benefits, so you can choose the one that best fits your lifestyle.
Are there any monthly maintenance fees for checking accounts?
No, we believe in fee-free checking. There are no monthly maintenance fees for any of our checking accounts./div>
Is there a minimum balance requirement for checking accounts?
No, we do not impose minimum balance requirements on our checking accounts. You can open and maintain an account with any balance that suits you.
Certificate of Deposit
What is a Certificate of Deposit (CD)?
A Certificate of Deposit, or CD, is a savings product where you deposit a fixed amount of money for a specific term, typically at a higher interest rate than regular savings accounts. It's a secure way to grow your savings over time.
What are the advantages of a CD over a regular savings account?
CDs often offer higher interest rates compared to regular savings accounts, making them a great choice for those looking to earn more on their savings. Additionally, CDs provide a fixed rate of return for a specific term, providing predictability.
What happens when my CD matures?
When your CD matures, you have several options. You can choose to renew it at the prevailing rate, roll it into a different CD, or withdraw the funds. Our team can help you decide what's best for your financial goals