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United Cooperative Services deposit bonds.
From $100.
United Cooperative Services (UCS) can require a member whose credit has not been satisfactorily established to post a security deposit, and its tariff lets it accept a contractual alternative in place of a cash deposit, at the cooperative’s discretion. Pricing is 2% of the bond amount, $100 minimum.
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Three steps. One sitting.
No underwriting queue for the standard utility deposit bond — enter your amount, pay, and deliver to United Cooperative Services. Here is the whole thing:
Apply online
Your business details, the deposit amount United Cooperative Services set, and the effective date — that is the application.
Issued on the spot
No credit check up to $15,000 runs at all — not even a and most applications issue instantly. Above $15,000, a soft pull may add a short review.
Deliver to United Cooperative Services
Submit the executed bond to United Cooperative Services to satisfy your deposit requirement and keep service connected. Wet-ink originals mailed on request.
What it is and who needs it.
What the utility deposit bond actually does
United Cooperative Services is a member-owned electric cooperative headquartered in Cleburne, Texas, serving more than 56,000 members across 14 counties in North and Central Texas. Under United’s Tariff for Electric Service, a member whose creditworthiness has not been satisfactorily established — by credit-risk assessment or payment history — may be required to post a security deposit before service is connected, capped at one-sixth of estimated annual billings.
United’s tariff allows the deposit to be satisfied with cash or, at the cooperative’s sole discretion, another contractual obligation acceptable to United in place of a cash deposit. A surety bond is a common way members meet that requirement without tying up cash — it is a guarantee to United that your electric charges will be paid; if the account is closed with an unpaid balance, the cooperative can recover against the bond.
It is not insurance for you — if the surety pays United, you repay the surety. Confirm with United Cooperative Services that a surety bond will satisfy your specific deposit notice before applying. Enter the figure United set and see your exact price — no credit check up to $15,000 runs at all, not even a.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
Deliver to United Cooperative Services. Submit the executed bond to United Cooperative Services to satisfy your deposit requirement and keep service connected. Wet-ink originals mailed on request.
What sets the price
The premium is 2% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $15,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with the deposit amount United Cooperative Services set — the executed bond is generated instantly, ready to deliver. No credit check up to $15,000.
Start the application →Common questions.
Other Texas bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Your deposit, bonded the same day.
Rated at 2% of the bond amount, $100 minimum. No credit check up to $15,000.