Personal Banking

Savings Accounts

STATEMENT SAVINGS**
• Minimum Balance: None
• Interest: On entire balance
• Withdrawals: Unlimited

MONEY MARKET*
• Minimum Balance: $1,000
• Withdrawals: Limited to 6 per cycle; $500 minimum per withdrawal.

IRA ACCOUNTS
• Contributions may be tax deductible
• Traditional, Roth, and CESA(Coverdell Education) IRAs available
• Your account grows faster because the earned interest is free of current taxes
• Proceeds are not taxed until money is withdrawn from a Traditional IRA
• Contact you Tax Consultant to determine eligibility

CERTIFICATES OF DEPOSIT
• Terms of three months to five years
• $100 minimum
• Interest may be compounded, sent to you by check, or credited to your account
• Penalty for early withdrawal

HEALTH SAVINGS ACOUNT
• Tax favored savings for individuals covered by a high deductable health plan

FOR THE KIDS
• Help your children learn good money habits. They earn prizes with every $10 deposited! Ask for details.
• Moola Moola and the Money Minders show children from 3-13 the fun of saving money in their savings club!

 

*Interest calculated on average available balance, compounded
  monthly and paid monthly. No minimum balance required to open
  any UCB account, checking or savings.

** Interest calculated on average available balance, compounded
   semi-annually and paid semi-annually. No minimum balance required to open
  any UCB account, checking or savings.