Effective as of January 14, 2025
All rates and terms for certificates of deposit & individual retirement accounts (IRAs)
|
TERM |
Online Application |
APY* |
|---|---|---|
|
$1,000 minimum deposit |
|
|
|
6 months |
1.66% |
|
|
7 months |
|
4.21% |
|
8 months |
|
1.71% |
|
9 months |
|
1.71% |
|
10 months |
|
1.76% |
|
10 month Access** (CD Only) |
3.75% $10,000 min to open |
|
|
11 months |
|
1.76% |
|
12 months |
4.00% |
|
|
13 months |
|
1.81% |
|
15 months |
|
1.81% |
|
15 month Access** (CD only) |
|
1.81% $10,000 min to open (new money) |
|
16 months |
|
1.86% |
|
17 months |
|
1.86% |
|
18 months |
|
1.86% |
|
19 months |
|
1.91% |
|
20 months |
|
1.91% |
|
23 months |
|
1.91% |
|
24 months |
3.75% |
|
|
27 months |
|
2.02% |
|
30 months |
|
2.22% |
|
36 months |
|
2.27% |
|
48 months |
2.27% |
|
|
60 months |
2.32% |
|
Variable Rate Individual Retirement Accounts |
||
|
18 month Variable*** |
|
1.97% |
Current rates apply to new CDs and renewals at maturity only.
*The Annual Percentage Yield (APY) is based on quarterly compounding. Unless otherwise noted, you must maintain a minimum balance of $1,000 to open the account and obtain the APY. Penalty for early withdrawal, which may reduce earnings.
**The Access CD offers a guaranteed annual percentage yield with the flexibility of penalty free withdrawals. Withdrawals made during the 6 days after opening or 6 days after each subsequent withdrawal will be assessed a penalty, which may reduce earnings. Requires $10,000 minimum to open
***Variable Rate IRA rate is subject to change after the account is opened. No minimum balance required to open account or obtain APY.
Effective as of January 14, 2025
Checking account rates
Simply Free Plus checking$1,000 minimum to open |
||
| When activity requirements met** | ||
| Balance | Interest Rate | APY Range* |
| $0.01 to $100,000 | 3.39% | 3.45% |
| Over $100,000 | 0.90% | 1.16%–3.45% |
| When activity requirements not met** | ||
| Balance | Interest Rate | APY Range* |
| $0.01 or more | 0.05% | 0.05% |
**Statement cycle activity requirements: 12 debit card purchases posted (excludes ATM transactions), receive paperless statements via online banking (requires ongoing valid email address), access online banking, direct deposit posted.
Simply Free Platinum checking |
||
| Balance | Interest Rate | APY* |
| $100 to $4,999.99 | 0.14% | 0.14% |
| $5,000 to $9,999.99 | 0.32% | 0.32% |
| $10,000 to $24,999.99 | 0.42% | 0.42% |
| $25,000 and over | 0.48% | 0.48% |
You must maintain a daily minimum balance of $100 to obtain the APY.
Effective as of January 6, 2025
Money Market account rates
Value Edge Money Market Account$1,000 minimum to open |
||
| Balance | APY** | Promotional APY |
| Less than $10,000 | 0.85% | N/A |
| $10,000 to $49,999.99 | 1.41% | 3.80%* |
| $50,000 to $99,999.99 | 2.02% | 3.80%* |
| $100,000 to $249,999.99 | 2.32% | 3.80%* |
| $250,000 to $499,999.99 | 2.58% | 3.80%* |
| $500,000+ | 3.09% | 3.80%* |
**The Annual Percentage Yield (APY) is based on monthly compounding. Rates subject to change at any time. Special restrictions may apply. Fees may reduce earnings.
Effective as of January 14, 2025
Savings account rates
Simply Savings accountSuggested opening deposit of $100 |
||||
| Balance | Interest Rate | APY* | ||
| $0.01 or more | 0.36% | 0.36% | ||
Simply Savings Student account |
||||
| Balance | Interest Rate | APY* | ||
| $0.01 or more | 0.36% | 0.36% | ||
*The Annual Percentage Yield (APY) is based on monthly compounding. Rates subject to change at any time. Special restrictions may apply. Fees may reduce earnings.
Effective as of January 7, 2025
Health savings account rates
| Balance | Interest Rate | APY* |
|---|---|---|
| Less than $2,500 | 0.10% | 0.10% |
| $2,500 to $9,999 | 1.00% | 1.01% |
| $10,000 to $24,999.99 | 1.45% | 1.46% |
| $25,000 and over | 1.70% | 1.71% |
*The Annual Percentage Yield (APY) is based on monthly compounding. Rates subject to change at any time. Special restrictions may apply. Fees may reduce earnings.
*Offer not valid for primary accountholder on either an existing Value Edge Money Market Account (MMA) or a Value Edge MMA closed within the last 120 days. Open a new Value Edge MMA at any Union Bank and Trust branch and receive 3.80% Annual Percentage Yield (APY) on balances of $10,000 or more for 12 months from account opening; balances under $10,000 will earn an APY of 0.85%. After the first 12 months, the standard Value Edge MMA variable interest rate and APY tiers will apply, depending on the daily balance of the account. See current deposit account rates, rates subject to change. Fees may reduce earnings. $10,000 opening deposit required in new money. Promotion available 01/13/2025 to 03/31/2025. Cannot be combined with other offers.
