The right account makes all the difference.

Savings

Compare Accounts

WHICH ACCOUNT IS RIGHT FOR YOU? (click here)

Whether you’re saving for a special occasion, dream vacation, or life’s unexpected moments, you’ll find a wide variety of useful, accessible savings options at United Bank of Iowa. We offer everything from your basic savings, to CDs and HSAs – and you can access any of them in Online Banking.

United savings

  • Earns interest: $200 minimum
  • $50 to open
  • No monthly service charge fee
  • Online Banking & Mobile Banking

Six limited transactions per calendar month*

*An excessive use fee of $10 per month will be charged if more than six limited transactions are exceeded in a calendar month.



Age 12 or Under?

Click to learn about our Ubi Kids Savings Club! 


United select

  • Earns tiered interest: $1,000 minimum
  • $1,000 to open
  • Limited check writing
  • Options to avoid monthly service charge fee
  • Check images included with statements
  • Online Banking & Mobile Banking
  • First 50 checks Free

Avoid $7 monthly service charge fee with a $750 minimum or $3,000 average daily balance

Six limited transactions per calendar month*

*An excessive use fee of $10 per month will be charged if more than six limited transactions are exceeded in a calendar month.

United investment

  • Earns tiered interest: $10,000 minimum
  • $10,000 to open
  • Limited check writing
  • No monthly service charge fee
  • Check images included with statements
  • Online Banking & Mobile Banking
  • First 50 checks Free

For personal accounts only

Six limited transactions per calendar month*

*An excessive use fee of $10 per month will be charged if more than six limited transactions are exceeded in a calendar month.

United Savings

This basic account is a smart, easy way to save. 

  • $50 to open
  • Earn interest with balance of $200 or more
  • Six limited transactions per calendar month*
*An excessive use fee of $10 per month will be charged if more than six limited transactions are exceeded in a calendar month.


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United Select

Ideal for those wanting limited check-writing abilities and a higher interest rate.

  • $1,000 to open 
  • Earn tiered interest on a minimum balance of $1,000
  • Interest paid monthly
  • First 50 checks are free
  • Avoid $7 monthly service charge fee with $750 minimum daily balance or $3,000 average daily balance
  • Six limited transactions per calendar month*
*An excessive use fee of $10 per month will be charged if more than six limited transactions are exceeded in a calendar month.


GET STARTED




United Investment

If you carry a significant balance, you’ll enjoy this high-yield savings account. 

  • $10,000 to open
  • Earn tiered interest on a minimum balance of $10,000
  • Interest paid monthly
  • First 50 checks are free
  • For personal accounts only
  • Six limited transactions per calendar month*
*An excessive use fee of $10 per month will be charged if more than six limited transactions are exceeded in a calendar month.


GET STARTED




Certificates of Deposit (CDs)

Earn more on the money you don’t need access to every day! Competitive rates and a variety of terms make this a smart savings option. 

  • Open an account with just $500
  • Interest rates are tiered to offer higher rates for larger balance accounts 
  • Flexible terms of 90 days to 5 years
  • Interest paid one of the following ways: 
     - Compounded (interest added to the CD)
     - Deposited directly to a checking or savings account
  • Automatically renewable feature provides the flexibility to renew at the current annual percentage yield 
  • You will receive a pre-notice approximately 10 days prior to the maturity date of the certificate allowing you sufficient time to think about any changes you might wish to make to your investment.
  • You have a 10-day grace period following the maturity date to make any desired changes. Interest will be paid for the first 7 days of the 10-day grace period.
  • Penalty for early withdrawal

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Health Savings Accounts (HSAs)

An HSA is a tax-exempt savings plan used to accumulate funds to pay or get reimbursed for health care expenses. In order to qualify you must be covered under a high deductible health plan (HDHP).

  • Open an account with just $50 
  • No set-up fees 
  • No income limits 
  • No compensation requirement 
  • No minimum balance requirement 
  • Check writing privileges 
  • First 120 checks free 
  • Debit card - optional 
  • View statements in Online Banking 
  • Variable interest rate options are available 
  • For balances in excess of your policy’s deductible, an HSA Investment Account with higher tiered rates and $1,000 minimum balance is also available 

If you’re a business, consider HSA plans for your employees.

  • Lowers the overall health insurance costs for you
  • Tax deductions available on business tax return for any contributions made to the HSA of eligible employees
  • Increases your ability to attract and retain employees


Learn more at your local UBI office or at the IRS Website. 


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Consult your tax advisors to discuss your tax situation.