Simply Savings
A basic savings account that offers the flexibility to easily deposit and withdraw money.
Simply Savings Student
An account specially designed for those 25 and under, with no maintenance fee.
Union Money Fund
A savings account with the opportunity to earn higher interest and write checks.
Value Edge Money Market
Earn higher interest on balances over $10,000 with easy account access.
**Available to persons age 25 and younger. Annual Percentage Yield (APY) accurate as of the effective date in the deposit account rates. Rate may change after account opening and fees may reduce earnings. Requires enrollment in RoundUp, we will match up to $10 of your RoundUp deposits posted within 60 days enrollment.
| Promotional Bonus | Minimum Opening Deposit | Monthly Fee | Age Requirement | Earns Interest; see current rates | Six free withdrawals per statement cycle | |
|---|---|---|---|---|---|---|
| Simply Savings | $50† | $25 | $3; waived with a $100 average balance | ✗ | ✓ | ✓ $5 for each additional |
| Simply Savings Student | $25 | ✗ | 25 and under | ✓ |
✓ |
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| Union Money Fund | $50 | $5: waived with a $1000 average available balance | ✗ | ✓ | ✓ Ability to write checks |
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| Value Edge Money Market | $10,000 | ✗ | ✗ | ✓ | ✓ $25 for each additional withdrawal or check |
Checking & Savings Offer
Get up to $200† and a better bank
If you don’t have both checking and savings accounts with UBT, there’s no better time than right now to get started — and earn a cash reward. Here’s how:
- Get up to $150†when you open a new checking account and meet requirements
- Get a $50† bonus when you open a new Union Savings account and meet requirements
That’s up to $200† for bringing it all together at UBT. Plus, you can enjoy all the benefits of working with a family-owned bank that cares about our customers, the communities we serve, and each other.
UBT HSA
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 Lauren.
Fee Relief
With $10,000 in combined personal accounts (HSAs excluded), your debit activity fees and return deposited item fees are waived on your personal checking accounts.
ATM freedom
Enjoy free, unlimited use of all non-Union Bank ATMs 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. Applies where the primary account holder is the same on the qualifying deposit accounts and checking account.
RoundUp
An easy way to save
Automatically round your debit card purchases to the next dollar (or an amount you choose) into your savings account. It's easy and free! Sign up at any UBT location.
Frequently Asked Questions
The fastest way to add someone to your account would be to stop into any branch location with them.
We are not able to remove an account owner; a new account would need to be opened.
We require a signature from an account owner to close an account. The fastest and simplest way is to stop into any branch location.
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.
A checking or Savings account will become inactive after 12 months of no credit or debit activity.
Regulation D (Reg D) is a Federal Reserve Board rule that puts a limit of six transactions per month on certain transfers and withdrawals from your savings or money market account. If you go over the limit, UBT can charge you a fee and/or close your account or restrict transactions. Reg D is the federal government's way of encouraging people to use saving accounts as they are intended---to save money---and ensures that banks have the proper amount of reserves on hand.
Which transactions are limited under Reg D?
- Online transfers from savings or Money Market accounts to a different account either at the same institution or a different one
- Transfers processed over the phone
- Automatic or preauthorized transfers, such as bill payments or any other recurring transfers
- Overdraft transfers from your savings account to your checking account
- Transfers made by check or debit card.
Which transactions don't count under the limit?
- Withdrawals or transfers made at ATMs
- Transactions made in person at a bank
Quick tips on avoiding Reg D fees/violations
- Make transfers count; do fewer transfers with larger sums of money
- Link any automatic transfers, such as bill payments, to your checking account instead of savings
- If you hit the transaction limit and need to make another transfer or withdrawal from your savings account, do it at an ATM or bank. Even if the bank charges a fee, you won't risk your account being closed.
- If your checking account has overdraft protection linked to a savings account try to avoid overdrafts. Set up low-balance alerts on your checking account.
At Union Bank, we notify our customers by letter each time the violate the regulation in hopes they will explore other ways to avoid going over the transaction restriction but if this is not done our only option is to restrict the transfers and/or close the acct.
For more information regarding Regulation D, please click HERE to view a document from the Federal Reserve regarding this regulation. The information as it relates to Savings accounts begins on page 3.
Need More Help?
Contact a banker nearby
**Simply Savings Student Details: For ages 25 and younger. $25 opening deposit. Annual Percentage Yield (APY) accurate as of the effective date in the deposit account rates. Rate subject to change. Fees may reduce earnings. We will match up to $10 of your RoundUp deposits posted within 60 days of enrollment.
†Checking offer not valid for primary accountholder on existing UBT personal checking account(s). Savings offer not valid for primary accountholder on existing Simply Savings or Simply Savings Student account(s). Offer not valid if existing checking or savings accounts closed 120 days prior to 06/01/2021. Receive $50 when you open a Simply Free Checking account and have $500 in electronic direct deposits posted within 90 calendar days of account opening. Receive $150 when you open an interest-earning checking account (Simply Free Plus, Simply Free Platinum, or Premium Interest Advantage) and have $2,500 in electronic direct deposits posted within 90 calendar days of account opening. Receive $50 when you open a Simply Savings account and maintain a $2,500 balance for 90 calendar days from account opening. Bonus is credited to your active account within 100 days of account opening if you meet requirements. $50 opening deposit required on checking accounts (Simply Free Plus requires a $1,000 opening deposit). Simply Savings requires a $2,500 opening deposit in new money. Various Annual Percentage Yields (APYs) offered for interest-earning checking accounts based on the account and balance maintained. For example, Simply Free Platinum requires a $100 minimum daily balance to earn .05% APY. Simply Savings earns .05% APY. APYs accurate as of 06/01/2021. Fees may reduce earnings; rates subject to change. Promotion offers limited to one new checking account and one new savings account per person and cannot be combined with other offers. Simply Free Platinum accounts are designed for people age 50 and over. Premium Interest Advantage is limited to residents of Douglas, Sarpy, and Washington counties in Nebraska. Promotions available 06/01/2021 to 09/30/2021.