Banner headline

News & Announcements

Union Bank Scholarship

02.09.2018

Union Bank is pleased to offer a scholarship program for the 19th consecutive year to graduating seniors in the Lakewood, Hastings and Pewamo-Westphalia School Districts Read More

Changes to Account Statements

12.31.2017

Effective 12/31/2017 all checking and monthly savings statements will process on the last day of the month. This includes both paper and electronic statements. If you have questions please contact us at 616.374.3278.

Text Size: Small TextBig Text

Deposit Rates

All rates are quoted in Annual Percentage Yield (APY)
Rates are accurate as of Monday, February 5, 2018, and are subject to change without notice. Please call for today's rates. Interest is paid on the full balance for the applicable tier. Annual percentage yield (APY) may change after the account is opened. Deposit account fees could reduce earnings. Some accounts may require minimum deposits.

Visit our checking and savings pages for terms and conditions.

LIFE SAVINGS APY
Balance $0 to $199.99 0.05%
Balance $200 to $2,499.99 0.10%
Balance $2,500 to $24,999.99 0.10%
Balance $25,000 and over 0.25%
Christmas Club Electronic 0.22%
Christmas Club Coupon Book 0.12%
ADVANTAGE CHECKING APY
Balance $0 to $999.99 0.03%
Balance $1,000 to $14,999.99 0.05%
Balance $15,000 to $74,999.99 0.10%
Balance $75,000 to $149,999.99 0.12%
Balance $150,000 and above 0.12%
SUPERIOR SAVINGS MONEY MARKET APY
Balance $0 to $4,999.99 0.10%
Balance $5,000 to $49,999.99 0.10%
Balance $50,000 to $99,999.99 0.20%
Balance $100,000 to $199,999.99 0.25%
Balance $200,000 and above 0.30%
1-2-3 REWARDS CHECKING STANDARD APY  QUALIFIED APY1
Daily balance $0 to $999.99 0.03% 0.05%
Daily balance $1,000 to $14,999.99 0.03% 1.51%
Daily balance $14,999.99 to $25,000 0.03% 3.05%
Daily balance $25,000.01 and above 0.03% 3.05% to 1.54%2
CERTIFICATES OF DEPOSIT (CD) APY
Note: Penalty for early withdrawal on Certificates of Deposit. Minimum $500.00 deposit to open a new CD
91 Day 0.10%
182 Day 0.15%
12 Month 0.35%
15 Month 1.26%
18 Month 0.45%
24 Month 0.60%
30 Month 0.70%
36 Month 0.75%
48 Month 1.05%
60 Month 1.41%


 


1123 Rewards checking account must qualify each month to earn the qualified interest reward. To qualify the following transactions must post to the account during the qualification cycle: 1. total of $1,000 in direct deposit(s) 2. 15 or more debit card transactions that are for a purchase amount of at least $15 each.  Qualifying debit card transactions must post and clear the account during the monthly qualification cycle which may take one or more business days to clear from the date the transaction is made. 3. One electronic ACH debit. Qualification cycle means a period beginning the first day of the current statement cycle through the last business day of the current statement cycle. If transaction requirements are not meet, the account will earn the standard interest rate. 2 Balances above $25,000 will earn the standard 0.03% APY.