Personal Statement Savings
Good, steady saving habits can help you plan for a secure future and the achievement of your financial goals. With a Union Bank Statement Savings account, the interest you earn is compounded and credited monthly on paper or online statements, letting you see exactly how much you’re saving each month. Federal regulations limit transfers from your account to six per statement period via automatic, electronic and telephone means. Transfers and withdrawals in person are unlimited.
A minimum deposit of $25 is required to open an account, and the service fee is waived when you maintain a $200 minimum daily balance.* If you’re under 18, (Youth) the minimum daily balance is just $25.** The fee for a Youth Savings Account is $2.00 per month and there is no paper statement fee.
Statement Savings also includes:
- Online Banking
- Mobile Banking and Mobile Check Deposit.
- Scheduled transfers with UB SmartSave, which lets you schedule transfers from your checking account to other accounts at predetermined intervals for no fee.
*Accounts not maintaining a $200 minimum daily balance will be assessed either a $1 per month fee with eStatements or a $3.50 per month fee for paper statements.
**A $2.00 monthly service fee applies for balances falling below the $25 minimum during the month.
Download Deposit Account Comparison Chart