Skip to Content
Close Icon

Savings


Business Savings

We are proud to offer services that can help make managing your business' savings easier. With our complete Business Banking package, you'll always be on top of your finances, and with several different savings options, United Bank & Trust has an account to meet your savings goals.

 

Business Savings

A simple savings option. The account earns a competitive interest rate and allows periodic withdrawals.

What will I get?

  • A competitive interest rate.

How much does it cost?

  • There are no account maintenance fees if you maintain a $100.00 quarterly average ledger balance. If not, a $5.00 quarterly maintenance fee will apply.
  • You may make up to 18 withdrawals, in person or by telephone, per calendar quarter. Additional withdrawals are $1.00 each.
By Federal Regulation, transfers from a savings or money market account to another account, or to third parties by preauthorized, automatic, internet or telephone transfers or by check are limited to six per month.

Money Market Savings

An account that maximizes your earnings with tiered interest rates.

What will I get?

  • A competitive interest rate paid on daily balances based on the following tiers:
    • Tier 1: $0.00-2,499.99
    • Tier 2: $2,500.00-9,999.99
    • Tier 3: $10,000.00-24,999.99 
    • Tier 4: $25,000.00-49,999.99
    • Tier 5: $50,000.00-99,999.99
    • Tier 6: $100,000.00 and over
  • Up to six withdrawals per statement cycle at no charge.

How much does it cost?

  • No monthly maintenance fee applies if you maintain a $2,500.00 minimum daily ledger balance. If not, a $10.00 monthly maintenance fee will apply.
  • Make up to six withdrawals by check, or by preauthorized, automatic, internet or telephone withdrawal or transfer per month. Additional withdrawals are charged $10.00 each.
  • Withdrawals and transfers made in person or at an ATM are unlimited.

By Federal Regulation, transfers from a savings or money market account to another account, or to third parties by preauthorized, automatic, internet or telephone transfers or by check are limited to six per month.

Treasury Savings

A variable rate savings account with a premium rate. For customers who are looking to maximize earnings on larger account balances.

What will I get?

  • Premium interest rates paid on account balances of $25,000 or more.
  • The variable interest rate is paid on daily balances based on the following tiers:
    • Tier 1: $0.00-24,999.99
    • Tier 2: $25,000.00-99,999.99
    • Tier 3: $100,000.00-249,999.99
    • Tier 4: $250,000.00 and over

How much does it cost?

  • There are no account maintenance fees if you maintain a $100.00 quarterly average ledger balance. If not, a $5.00 quarterly maintenance fee will apply.

  • You may make up to 18 withdrawals, in person or by telephone, per calendar quarter. Additional withdrawals are $1.00 each.

By Federal Regulation, transfers from a savings or money market account to another account, or to third parties, by preauthorized, automatic, internet or telephone transfers or by check are limited to six per month.


See How Your Savings Will Stack Up

Explore our calculators to see how your savings can grow.

Savings Calculator


Long-Term Savings

For long-term savings goals, we offer the following products:

  • Certificates of Deposit

    • Minimum deposit of $500.
    • 91-day to 60-month terms.
    • Quarterly interest payments.
    • Ask us about our CD specials.
  • CDARS

    • Certificate of Deposit Account Registry Service (CDARS) - A program that allows the public to spread money around various banks.
    • The purpose of CDARS is to help people who invest in certificate of deposits or CDs to stay below FDIC insurance limits at any given bank.

For more information regarding our long-term savings products, please call or visit any of our branches and speak to a New Accounts Representative.

You are now leaving United Bank and Trust
Continue