Union Bank Statement Savings can help you build a stable savings plan while maintaining convenient access to your funds. You can open the account with just a $25 deposit and earn a variable interest rate that accrues daily and is compounded and credited monthly. You can also eliminate the $2/month fee by keeping your balance at $25 or above. Online banking is also available at no charge.
There are two tiers for interest assignments:
- Tier 1: $0-$49,999
- Tier 2: $50,000 and above
Transfers from your account are limited to six per statement period via automatic, electronic and telephone means. Transfers and withdrawals in person are unlimited.