UFB Direct is running a promotion on their 3-month certificate of deposit rates. The interest rate is 5.31% and there is a $8000 minimum needed to get this rate.
History of UFB Direct
The UFB Direct Bank offers its customers an assortment of financial options and services. Checking accounts, standard and jumbo money market accounts, the UFB Direct bank makes savings accounts, certificates of deposit, mileage checking accounts, mileage savings accounts, and more available. UFB Direct works hand-in-hand with SKY Bank to deliver superlative financial services. Deposits in the UFB Direct Bank are made via regular postal mail, direct deposit, wire transfer or can be made at one of more than 3500 deposit drop locations. Customers can remove cash from UFB Direct via checks, ATM options, wire transfer, automatic bill payment options, sister accounts, or simple cash withdrawal methods.
SKY Bank and Waterfield technologies come together to offer the virtual financial service environment UFB Direct. J. Randall Waterfield, the President and Co-Chief Executive Officer of UFB Direct, Affinity Financial Corporation, and Waterfield Technologies, Inc, and proudly offers financial services to customers looking to make the most of their banking experience. UFB Direct passes on savings to its customers; the overhead that is created and generated by physical branch operations is obsolete since UFB Direct is strictly a virtual operation. The lack of overhead generates savings; a significant amount of money that is then delivered onto customers via better interest rates and lower fees for financial services. UFB Direct is a member of the Federal Deposit Insurance Corporation and customer privacy is ensured via secure services and encryption. Personal information is not sold to third parties and UFB Direct takes extra measures to ensure customers’ privacy.