Compare All

  Minimum opening deposit Monthly fee Age requirement Earns interest; see current rates Six free debit transactions per calendar month
Simply Savings N/A $3; waived with a $100 average balance N/A

$5 fee for each additional
Simply Savings Student N/A N/A Ages 25 and under

$5 fee for each additional

Value Edge Money Market $1,000 N/A N/A See promotional rate

$25 fee for each additional 


Value Edge Money Market Promo

Maximize your returns with premium interest

Ready to make your money work as hard as you do? Open a new Value Edge Money Market account with UBT and you could earn up to 4.00% APY* for 12 months on balances of $10,000 and up (1.31% on balances under $10,000). It’s the perfect way to get the flexibility of a checking account with the premium rates of a CD. Click through to learn more or stop by your nearest branch to get started.

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A coin getting dropped into a piggy bank

Savings Accounts for Kids

Start young, save big

Help your kiddos learn to save by taking advantage of our Piggy Bank Match. Bring them in to your favorite branch to open a new Simply Savings Student account, and we’ll match their opening deposit up to $25. It’s the perfect opportunity to teach them about saving and get them started on the right foot!

Effective as of June 18, 2024

Savings account rates

Simply Savings account

Suggested opening deposit of $100

Balance Interest Rate APY*
$0.01 or more 0.50% 0.50%


Simply Savings Student account

Balance Interest Rate APY*
$0.01 or more 0.50% 0.50%


*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.


An easy way to save

When you use your Union Bank Visa® debit card, we’ll round up the total to the nearest dollar and automatically deposit the difference into your savings account. Over time, this change can really add up! It’s easy and free. Sign up at any UBT location.

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Start saving for tomorrow’s healthcare expenses today

Our health savings accounts offer a triple tax advantage — and room to grow.


Your Money Has People

Real people who really care

Our people take pride in going the extra mile to help our customers, so you can relax knowing we have your best interests in mind. Beyond savings accounts, you’ll find a full range of services to help you grow your wealth — backed by real people, like Chase.

Relationship Advantage: A premium program for our most invested customers

Fee Relief

With $10,000 in combined personal accounts (HSAs excluded), your debit activity fees are waived on your personal checking accounts.

ATM freedom

Enjoy free, unlimited use of all non-Union Bank ATMs1 as well as Union Bank ATMs.

(Note: This does not waive surcharges some ATM owners may assess.)

It’s automatic

Each month, we automatically check to see if you qualify — you don’t have to sign up. Qualifying personal accounts in which you are an owner will be included, as long as you are the primary account holder on at least one of those accounts. 

Frequently Asked Questions

How can I add someone to an account?

The fastest way to add someone to your account would be to stop into any branch location with them.

How can I remove an owner from an account?

We are not able to remove an account owner; a new account would need to be opened.

How can I close an account?

We require a signature from an account owner to close an account. The fastest and simplest way is to stop into any branch location. 

When do I receive my savings account statements?

Savings account statements are rendered quarterly. If you have a checking account and have elected for combined statements then you will receive a statement monthly.

Why is my account inactive?

A checking or savings account will become inactive after 12 months of no credit or debit activity.

I like to give savings bonds as gifts. Can I still do so?

Yes. You can buy electronic savings bonds as gifts TreasuryDirect. You can hold the bonds in your gift box area in TreasuryDirect until you’re ready to electronically deliver them to the gift recipient. The recipient must have a TreasuryDirect account (or be named on a minor linked account if under 18 years old).

Need More Help?

Contact a banker nearby

To qualify for the promotion, you cannot be an owner on an existing Union Bank savings account. Promotion available to ages 13 and under. A parent/guardian or grandparent must be a co-owner of the account. Open a new Simply Savings Student account, make an opening deposit, and Union Bank will match your deposit up to a maximum of $25. The deposit match will be credited to your account within 10 days of account opening. Account must be opened in-person at a UBT branch location between 05/01/2024 and 06/28/2024. Limit one per child and cannot be combined with other offers. Member FDIC.

*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 and receive 4.00% 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 1.31%. 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 5/1/2024 to 6/28/2024. Cannot be combined with other offers. Member FDIC.