Personal Savings

Personal Statement Savings

Features:

  • Begins earning interest with a balance of $150

  • Free online banking

  • eStatements available

  • Free usage of United Bank ATMs

Limitations:

  • Must deposit $100 to open this account

  • ATM Point-of-sale transactions are not allowed

  • Six(6) pre-authorized transfers per month, which includes telephone/automatic transfers

Account Fees:

  • Must maintain a minimum daily balance of $250 to avoid a monthly service charge of $7

Interest:

  • Interest rate is determined by bank

  • Interest rate and annual percentage yield may change

  • Interest begins accruing on the business day of deposit

  • Interest is compounded daily and credited monthly

Youth Savings

Features:

  • Designed for young savers up to age 18

  • No minimum balance

Limitations:

  • Must deposit $5 to open this account

  • No withdrawals until age 18

Account Fees:

  • No monthly service charge

Interest:

  • Interest rate is determined by bank

  • Interest rate and annual percentage yield may change

  • Interest begins accruing on the business day of deposit

  • Interest is compounded daily and credited monthly

United Blue Clubs

Features:

  • Save for vacation, holiday, or education

Limitations:

  • Must deposit $10 to open this account

  • May not withdraw from account before maturity

  • Must maintain minimum balance of $10 to obtain the disclosed annual percentage yield

Account Fees:

  • There is no monthly fee on this account

Interest:

  • Interest rate is determined by bank

  • Interest rate and annual percentage yield may change

  • Interest begins accruing on the business day of deposit

  • Interest is compounded daily and credited monthly

United Blue Certificates of Deposit

Features:

  • Maturities range from one month to five years

  • Jumbo CDs are available for investments if $100,000 or more

Limitations:

  • Must deposit $500 to open this account

  • May not make additional deposits into this account

  • Withdrawals made before the maturity date will be subject to penalty

  • A withdrawal will reduce earnings at maturity

  • A 10-day grace period is provided after the maturity date to withdraw without penalty

  • Maturity date will be stated on the certificate

  • Account may be obtained with or without an automatic renewal

Interest:

  • The interest rate and annual percentage yield will not change for the term of the account

  • The interest rate will be in effect for the term of the certificate

  • Interest begins to accrue on the business day of deposit

  • Interest will be compounded daily and will be credited at maturity

  • Jumbo Certificates: A simple interest rate will be applied with a single maturity

Burial Reserve Savings

Features:

  • Enables you to begin saving for yourself or a loved one's final expenses

Limitations:

  • Must deposit $10 to open this account

  • No pre-authorized withdrawals or transfers allowed

  • ATM services are not available on this account

Interest:

  • Interest rate is determined by bank

  • Interest rate and annual percentage yield may change

  • Interest begins accruing on the business day of deposit

  • Interest is compounded daily and credited monthly

United Blue Secured Visa® Savings

Features:

  • Account used as collateral for Secured Visa Card

  • Begin earning interest with a balance of $750

Limitations:

  • Must deposit $300 to open this account

  • May not deposit more than $5,000 to this account

  • Deposits are permitted only to increase credit limits

  • No monthly service charge

Interest:

  • Interest rate is determined by bank

  • Interest rate and annual percentage yield may change

  • Interest begins accruing on the business day of deposit

  • Interest is compounded daily and credited monthly