Personal Statement Savings
Features:
- Begins earning interest with a balance of $150
- Free on-line 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 transfer 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 $5000 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
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