IRAs – Traditional Variable Rate & ROTH

• Minimum Open Deposit of $250
• The Interest rate and Annual Percentage Yield for your account may change quarterly
  Interest will be compounded and credited quarterly
• If the daily balance of the account falls below $10.00 any day of the statement cycle, the monthly maintenance fee of $1.00 will be imposed every statement cycle.
• Certain withdrawal restrictions apply
• During any calendar month or statement cycle of at least four weeks, you may not make more than six withdrawals or transfers to another account of yours or to a third party by means of a pre-authorized or automatic transfer or telephone order or instruction. No more than three of the six transfers may be made by check, draft, debit card (if applicable) or similar order to a third party. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure
• Unlimited Deposits can be made with a minimum amount of $250
• Free Telephone Banking

CERTIFICATES OF DEPOSIT

Unity Bank Certificates of Deposit are available in a variety of terms. The interest rate and Annual Percentage yield applicable to the various terms offered by our bank may be seen at each bank location. The interest rate and APY will depend on the dollar amount of the certificate purchased and the term selected. The following restrictions apply to all Certificates of Deposit regardless of the amount or term:

• The interest rate and APY information provided at account opening will be in effect until the maturity date of the certificate.
  CDs can have a single maturity or an automatic renewal at the maturity date. If the automatic renewal feature is selected, you will have a 10-day grace period to change your CD account status.
• Funds may be withdrawn without a penalty within the first 10 days following maturity, or by having the interest automatically transferred to another Unity Bank demand or savings account.
• The annual percentage yield (APY) assumes that the interest remains on deposit until maturity. Any withdrawal(s) of interest will reduce APY earnings.
• After the account is opened, you may not make any deposits into or withdrawals from the principal in the account until the maturity date.
• Interest will begin to accrue on non-cash items on the day of deposit.
• The Daily Balance will be used to calculate interest on your account. The Daily Balance for Certificates of Deposit Accounts is determined by the application of a daily periodic rate to the full amount of principal in the account each day.

Penalty for early withdrawal: