The right account makes all the difference.

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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.

ubi kids Savings club

      • Earns higher interest than United Savings: no minimum to earn
      • $25 to open
      • Bonus - $25 match by UBI after first $25 deposit
      • No monthly service charge fee
      • Online Banking & Mobile Banking

Limited to 15 debit transactions per month*

*A limited transaction fee of $10 will be charged when debits exceed 15 per month.

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United savings

Limited to 15 debit transactions per month*

*A limited transaction fee of $10 will be charged when debits exceed 15 per month. 

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 40 checks Free

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

Limited to 15 debit transactions per statement cycle*

*A limited transaction fee of $10 will be charged when debits exceed 15 per statement cycle.

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 40 checks Free

For personal accounts only

Limited to 15 debit transactions per statement cycle*

*A limited transaction fee of $10 will be charged when debits exceed 15 per statement cycle.

UBI Kids Savings Club

This account is an easy and fun way for kids to start saving. 

  • Age 12 or under
  • Earn higher interest than United Savings: no minimum to earn
  • $25 to open 
  • Bonus - $25 match by United Bank of Iowa after first $25 deposit
  • Limited to 15 debit transactions per month*
We also have a Kids Club CD - ask your local UBI office for more details.

*A limited transaction fee of $10 will be charged when debit transactions exceed 15 per month.
*Annual Percentage Yield (APY) effective as of December 1, 2020 and subject to change after account opening. Ubi Kids Savings Club Account: $0.01-$1,000.00: 0.50% APY; $1,000.01 and greater: 0.01% APY. No minimum balance to obtain APY. Minimum required balance to open account and obtain $25 bonus - $25.00. Bonus will be paid upon receipt of the first $25.00 deposit at account opening. Subject to account approval. The value of the bonus may be added as interest for IRS 1099-INT reporting purposes.


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United Savings

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

  • $50 to open
  • Earn interest with balance of $200 or more
  • Limited to 15 debit transactions per month*
*A limited transaction fee of $10 will be charged when debit transactions exceed 15 per 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 40 checks are free
  • Avoid $7 monthly service charge fee with $750 minimum daily balance or $3,000 average daily balance
  • Limited to 15 debit transactions per statement cycle*
*A limited transaction  fee of $10 will be charged when debit transactions exceed 15 per statement cycle.


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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 40 checks are free
  • For personal accounts only
  • Limited to 15 debit transactions per statement cycle*
*A limited transaction fee of $10 will be charged when debit transactions exceed 15 per statement cycle.


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First-Time Homebuyers Savings Account


Buying your first home is very exciting and we are here to help you get started! With our First-Time Homebuyers Savings Account, you can save for your down payment, receive tax benefits, and, best of all, you’ll earn a higher rate than a regular savings account!

Here's How It Works
  • First-time homebuyers, and parents and grandparents of future new homeowners, may open this new savings account to save money for a down payment to purchase a home. Homebuyers re-entering the market, if they have not owned a home in the last three years, would also qualify.
  • It may be an individual account or a joint account between a married couple filing a joint return.
  • Amounts up to $2,000 for individuals and up to $4,000 for married tax payers filing a joint return may be deducted from the account holder’s income on their state tax return.
  • The funds need to be used for eligible costs associated with a first-time home purchase within 10 years after the account is opened.
  • The residence being purchased must be within the state of Iowa.

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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 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



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.