Union Bank & Trust Cash Management: Business Banking Online, Web Cash Manager, Collection, Disbursement and Investments.

Union Bank is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through June 30, 2010, all non-interest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.

Basic Business Checking
Designed with the small business in mind.

The $10.00 monthly account maintenance fee will be waived when a $500 minimum daily balance is maintained.

Receive 250 free transactions per statement cycle, including deposited items, withdrawals, electronic debits and checks.

If more than 250 transactions, a $.25 charge per additional transaction is assessed.

Interest may be available for eligible organizations.

Business Analysis Checking
For businesses with larger numbers of monthly transactions.

Charges for checking transactions are offset by earnings credits.

Earnings credits are based on short-term investment rates and are applied to your average positive available balance (less reserve requirements*)

Earnings credits can significantly reduce or eliminate monthly service charges.

Negative available balances are assessed a fee based upon the Bank's current loan rate.

Understanding the Business Analysis Account
The following factors are used to calculate activity charges and earnings allowances:

Average Ledger Balance
The sum of the ledger balance maintained in the checking account each day, divided by the number of days in the monthly statement period.

Average Float (Uncollected Funds)
Funds in the process of collection.

Average Available Balance
The Average Ledger Balance minus Average Float (Uncollected Funds).

Reserve Requirement
Federal regulations require that a percentage of all deposited funds be held in reserve. This amount is deducted from the average positive available balance before the earnings credit is determined.

(Average) Investable Balance
The portion of your average account balance that is available for investment after subtracting uncollected funds and Federal Reserve balance requirements.

Earnings Credit for Investable Balance
The income your Average Investable Balance would have earned for one month if it had been invested. Corporate accounts are not eligible to receive interest payments and therefore, receive Earnings Credit to offset fees. The rate used to calculate the income is based upon an average of the yields on the weekly U.S. Treasury Bill auctions for the last three months. If you have withdrawn funds more quickly than they have been available and as a result have a negative Average Available Balance, you will be charged a fee that is determined by applying an interest rate based upon the Bank's current loan rate.

*Federal law requires that a percentage of all funds on deposit must be held in reserve. This amount (10%) is deducted from the average positive available balance before the earnings credit is determined. If you need further assistance, please contact us and a Union Bank & Trust Personal Banker can help you select the best account for your needs.

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Important Information About Procedures For Opening A New Account—
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you; we may also ask to see your driver’s license or other identifying documents.

FDIC Insurance:
Union Bank is a participant in the FDIC Transaction Account Guarantee Program. Click here for important information regarding FDIC Insurance.

Insurance policies are obligations of the issuing insurance company, and are not obligations or deposits of, or guaranteed by any bank and are not FDIC insured. Annuities subject to investment risks, including possible loss of the principal amount invested. Union Bank makes insurance available through its affiliated company Union Agency Inc.