USB Savings Account Options:
Find the best way to stash your cash.

Keep your funds handy while enjoying competitive interest rates and ATM access. A higher balance earns higher interest with Relationship Saving and Premier Savings. Statement Savings delivers a competitive rate, while Money Market Savings earns the highest rate and provides limited check writing. All right here with your Connecticut savings bank.

yH5BAEAAAAALAAAAAABAAEAAAIBRAA7 - Savings
RELATIONSHIP SAVINGS
Earn a premium tiered interest rate when you have 1 direct deposit or 10 debit card transactions in the statement cycle.***
yH5BAEAAAAALAAAAAABAAEAAAIBRAA7 - Savings
PREMIER SAVINGS
Gain flexibility and value; the higher your balance, the higher your interest rate.
yH5BAEAAAAALAAAAAABAAEAAAIBRAA7 - Savings
STATEMENT SAVINGS
Add the convenience of a USB Debit Card to your savings account and earn a competitive rate of interest.
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YOUNG SAVERS ACCOUNT
Have your child get started on a great habit early with a savings account that has no monthly service fee.
YOUNG SAVERS
  • Minimum Opening Balance
  • $5
  • Service Fees
  • None
  • Interest Compounded
  • Monthly
  • Tiered Interest
  • Yes
  • USB Debit Card
  • No
  • Statements6
  • Monthly
  • ATM access
  • Yes
  • Direct Deposit
  • Yes
  • Automatic Bill Pay
  • Yes
  • USB Mobile
  • Yes
  • Online Banking
  • Yes
  • Credit Card
  • No
  • eStatements
  • Yes
  • Digital Wallets
  • No

Compare and find the proper savings plan with your acceptable saving rates.

Here are a few specialized ways to save

INDIVIDUAL RETIREMENT ACCOUNT (IRA)
INDIVIDUAL RETIREMENT ACCOUNT (IRA)
Save for retirement and receive potential tax advantages.
Learn more
CERTIFICATE OF DEPOSIT
CERTIFICATE OF DEPOSIT
Earn a higher interest rate than savings accounts.
Learn more
yH5BAEAAAAALAAAAAABAAEAAAIBRAA7 - Savings
MONEY MARKET
Earn the highest possible interest rate on your savings.
Learn more
yH5BAEAAAAALAAAAAABAAEAAAIBRAA7 - Savings
HEALTH SAVINGS ACCOUNT
Put personal savings aside for unexpected, covered, medical expenses.
Learn More
yH5BAEAAAAALAAAAAABAAEAAAIBRAA7 - Savings
CLUB SAVINGS ACCOUNTS
Holidays, vacations, and other big ticket items and events.
Learn More

INDIVIDUAL RETIREMENT ACCOUNT (IRA)

An IRA account is a great way to start saving for retirement or supplement your retirement savings, if you qualify. Traditional IRAs offer tax benefits and Roth IRAs allow tax-free withdrawals in the future. Both allow your contributions to grow tax-free. Find the IRA account that is right for you on our FutureTrack site by clicking here.

CERTIFICATE OF DEPOSIT


Certificates of Deposit (CDs) allow you to earn a higher interest rate than savings accounts when you don’t need every day access to your funds.

MONEY MARKET

Earn the highest possible interest rate on your savings. Enjoy limited check writing.

HEALTH SAVINGS ACCOUNT

If you have a High Deductible Health Plan (HDHP), you are eligible to create a tax advantaged Health Savings Account (HSA). It’s a great way to put personal savings aside for unexpected, covered, medical expenses; savings that grow tax free. Rules and restrictions can get a bit complicated – learn more in our FAQ section.

CLUB SAVINGS ACCOUNTS

Holidays, vacations, and other big ticket items and events. There’s no money stress when you plan ahead. Set aside as little as five dollars a week, earn interest and receive statements to chart your personal savings progress as you inch closer to your goal.

Start personal saving goals for your Kid with Union Savings Bank.

USB Savings Rates

Updated October 6, 2017
    • Annual Percentage Yield (APY)*
    • $0.01 - $49,999.99
    • 0.05%
    • $50,000.00+
    • 0.35%
    • Standard Rate - All Balances
    • 0.03%
    • Interest Rate
    • $0.01 - $49,999.99
    • 0.05%
    • $50,000.00+
    • 0.35%
    • Standard Rate - All Balances
    • 0.03%
    • Frequency Of Rate Change**
    • Variable
    • Interest Compounding
    • Monthly
    • Interest Credited 1
    • Monthly
    • Minimum Balance To Open Account
    • $5,000.00
    • Minimum Balance To Earn APY
    • $0.01
Updated October 6, 2017
    • Annual Percentage Yield (APY)*
    • $0.01-$9,999.99
    • 0.03%
    • $10,000.00 - $49,999.99
    • 0.05%
    • $50,000.00 - $99,999.99
    • 0.07%
    • $100,000.00+
    • 0.10%
    • Interest Rate
    • $0.01-$9,999.99
    • 0.03%
    • $10,000.00 - $49,999.99
    • 0.05%
    • $50,000.00 - $99,999.99
    • 0.07%
    • $100,000.00+
    • 0.10%
    • Frequency Of Rate Change**
    • Variable
    • Interest Compounding
    • Monthly
    • Interest Credited 1
    • Monthly
    • Minimum Balance To Open Account
    • $300.00
    • Minimum Balance To Earn APY
    • $0.01
Updated October 6, 2017
    • Annual Percentage Yield (APY)*
    • 0.03%
    • Interest Rate
    • 0.03%
    • Frequency of Rate Change**
    • Variable
    • Interest Compounding
    • Monthly
    • Interest Credited 1
    • Monthly
    • Minimum Balance To Open Account
    • $100.00
    • Minimum Balance To Earn APY
    • $0.01
Updated October 10, 2017
    • Annual Percentage Yield*
    • 91 Day
    • 0.10%
    • 6 Month
    • 0.15%
    • 9 Month
    • 0.20%
    • 12 Month
    • 0.25%
    • 18 Month
    • 0.40%
    • 18 Month Variable Rate
    • 0.15%
    • 24 Month
    • 0.50%
    • 24 Month Smart Investment
    • 0.40%
    • 36 Month
    • 0.80%
    • 48 Month
    • 0.90%
    • 60 Month
    • 1.10%
    • Interest Rate
    • 91 Day
    • 0.10%
    • 6 Month
    • 0.15%
    • 9 Month
    • 0.20%
    • 12 Month
    • 0.25%
    • 18 Month
    • 0.40%
    • 18 Month Variable Rate
    • 0.15%
    • 24 Month
    • 0.50%
    • 24 Month Smart Investment
    • 0.40%
    • 36 Month
    • 0.80%
    • 48 Month
    • 0.90%
    • 60 Month
    • 1.09%
    • Frequency of Rate Change**
    • 91 Day
    • At Maturity
    • 6 Month
    • At Maturity
    • 9 Month
    • At Maturity
    • 12 Month
    • At Maturity
    • 18 Month
    • At Maturity
    • 18 Month Variable Rate
    • Variable
    • 24 Month
    • At Maturity
    • 24 Month Smart Investment
    • Until Bump Option or at Maturity
    • 36 Month
    • At Maturity
    • 48 Month
    • At Maturity
    • 60 Month
    • At Maturity
    • Interest Compounding
    • 91 Day
    • Monthly
    • 6 Month
    • Monthly
    • 9 Month
    • Monthly
    • 12 Month
    • Monthly
    • 18 Month
    • Monthly
    • 18 Month Variable Rate
    • Monthly
    • 24 Month
    • Monthly
    • 24 Month Smart Investment
    • Monthly
    • 36 Month
    • Monthly
    • 48 Month
    • Monthly
    • 60 Month
    • Monthly
    • Interest Credited
    • 91 Day
    • Monthly
    • 6 Month
    • Monthly
    • 9 Month
    • Monthly
    • 12 Month
    • Monthly
    • 18 Month
    • Monthly
    • 18 Month Variable Rate
    • Monthly
    • 24 Month
    • Monthly
    • 24 Month Smart Investment
    • Monthly
    • 36 Month
    • Monthly
    • 48 Month
    • Monthly
    • 60 Month
    • Monthly
    • Minimum Opening Deposit Required
    • 91 Day
    • $1,000.00
    • 6 Month
    • $1,000.00
    • 9 Month
    • $1,000.00
    • 12 Month
    • $1,000.00
    • 18 Month
    • $1,000.00
    • 18 Month Variable Rate
    • $1,000.00
    • 24 Month
    • $1,000.00
    • 24 Month Smart Investment
    • $1,000.00
    • 36 Month
    • $1,000.00
    • 48 Month
    • $1,000.00
    • 60 Month
    • $1,000.00
    • Minimum Balance to Earn APY
    • 91 Day
    • $0.01
    • 6 Month
    • $0.01
    • 9 Month
    • $0.01
    • 12 Month
    • $0.01
    • 18 Month
    • $0.01
    • 18 Month Variable Rate
    • $0.01
    • 24 Month
    • $0.01
    • 24 Month Smart Investment
    • $0.01
    • 36 Month
    • $0.01
    • 48 Month
    • $0.01
    • 60 Month
    • $0.01
Updated November 8, 2017
    • Annual Percentage Yield*
    • 91 Day
    • 0.10%
    • 6 Month
    • 0.15%
    • 9 Month
    • 0.20%
    • 12 Month
    • 0.25%
    • 18 Month
    • 0.40%
    • 18 Month Variable Rate
    • 0.15%
    • 24 Month
    • 0.50%
    • 24 Month Smart Investment
    • 0.40%
    • 36 Month
    • 0.95%
    • 48 Month
    • 1.06%
    • 60 Month
    • 1.25%
    • Interest Rate
    • 91 Day
    • 0.10%
    • 6 Month
    • 0.15%
    • 9 Month
    • 0.20%
    • 12 Month
    • 0.25%
    • 18 Month
    • 0.40%
    • 18 Month Variable Rate
    • 0.15%
    • 24 Month
    • 0.50%
    • 24 Month Smart Investment
    • 0.40%
    • 36 Month
    • 0.95%
    • 48 Month
    • 1.05%
    • 60 Month
    • 1.24%
    • Frequency of Rate Change**
    • 91 Day
    • At Maturity
    • 6 Month
    • At Maturity
    • 9 Month
    • At Maturity
    • 12 Month
    • At Maturity
    • 18 Month
    • At Maturity
    • 18 Month Variable Rate
    • Variable
    • 24 Month
    • At Maturity
    • 24 Month Smart Investment
    • Until Bump Option or at Maturity
    • 36 Month
    • At Maturity
    • 48 Month
    • At Maturity
    • 60 Month
    • At Maturity
    • Interest Compounding
    • 91 Day
    • Monthly
    • 6 Month
    • Monthly
    • 9 Month
    • Monthly
    • 12 Month
    • Monthly
    • 18 Month
    • Monthly
    • 18 Month Variable Rate
    • Monthly
    • 24 Month
    • Monthly
    • 24 Month Smart Investment
    • Monthly
    • 36 Month
    • Monthly
    • 48 Month
    • Monthly
    • 60 Month
    • Monthly
    • Interest Credited
    • 91 Day
    • Monthly
    • 6 Month
    • Monthly
    • 9 Month
    • Monthly
    • 12 Month
    • Monthly
    • 18 Month
    • Monthly
    • 18 Month Variable Rate
    • Monthly
    • 24 Month
    • Monthly
    • 24 Month Smart Investment
    • Monthly
    • 36 Month
    • Monthly
    • 48 Month
    • Monthly
    • 60 Month
    • Monthly
    • Minimum Opening Deposit Required
    • 91 Day
    • $1,000.00
    • 6 Month
    • $1,000.00
    • 9 Month
    • $1,000.00
    • 12 Month
    • $1,000.00
    • 18 Month
    • $1,000.00
    • 18 Month Variable Rate
    • $1,000.00
    • 24 Month
    • $1,000.00
    • 24 Month Smart Investment
    • $1,000.00
    • 36 Month
    • $1,000.00
    • 48 Month
    • $1,000.00
    • 60 Month
    • $1,000.00
    • Minimum Balance to Earn APY
    • 91 Day
    • $0.01
    • 6 Month
    • $0.01
    • 9 Month
    • $0.01
    • 12 Month
    • $0.01
    • 18 Month
    • $0.01
    • 18 Month Variable Rate
    • $0.01
    • 24 Month
    • $0.01
    • 24 Month Smart Investment
    • $0.01
    • 36 Month
    • $0.01
    • 48 Month
    • $0.01
    • 60 Month
    • $0.01
Updated October 6, 2017
    • Annual Percentage Yield*
    • $0.01-$24,999.99
    • 0.03%
    • $25,000.00 - $49,999.99
    • 0.05%
    • $50,000.00 - $99,999.99
    • 0.10%
    • $100,000.00+
    • 0.15%
    • Interest Rate
    • $0.01-$24,999.99
    • 0.03%
    • $25,000.00 - $49,999.99
    • 0.05%
    • $50,000.00 - $99,999.99
    • 0.10%
    • $100,000.00+
    • 0.15%
    • Frequency of Rate Change**
    • $0.01-$24,999.99
    • Variable
    • $25,000.00 - $49,999.99
    • Variable
    • $50,000.00 - $99,999.99
    • Variable
    • $100,000.00+
    • Variable
    • Interest Compounding
    • $0.01-$24,999.99
    • Monthly
    • $25,000.00 - $49,999.99
    • Monthly
    • $50,000.00 - $99,999.99
    • Monthly
    • $100,000.00+
    • Monthly
    • Interest Credited
    • $0.01-$24,999.99
    • Monthly
    • $25,000.00 - $49,999.99
    • Monthly
    • $50,000.00 - $99,999.99
    • Monthly
    • $100,000.00+
    • Monthly
    • Minimum Opening Balance
    • $0.01-$24,999.99
    • $500.00
    • $25,000.00 - $49,999.99
    • $500.00
    • $50,000.00 - $99,999.99
    • $500.00
    • $100,000.00+
    • $500.00
    • Minimum Balance to Earn APY
    • $0.01-$24,999.99
    • $0.01
    • $25,000.00 - $49,999.99
    • $0.01
    • $50,000.00 - $99,999.99
    • $0.01
    • $100,000.00+
    • $0.01
Updated October 6, 2017
    • Annual Percentage Yield*
    • $0.01-$499.99
    • 0.05%
    • $500.00 - $2,499.99
    • 0.05%
    • $2,500.00 - $9,999.99
    • 0.05%
    • $10,000.00+
    • 0.05%
    • Interest Rate
    • $0.01-$499.99
    • 0.05%
    • $500.00 - $2,499.99
    • 0.05%
    • $2,500.00 - $9,999.99
    • 0.05%
    • $10,000.00+
    • 0.05%
    • Frequency of Rate Change**
    • $0.01-$499.99
    • Variable
    • $500.00 - $2,499.99
    • Variable
    • $2,500.00 - $9,999.99
    • Variable
    • $10,000.00+
    • Variable
    • Interest Compounding
    • $0.01-$499.99
    • Monthly
    • $500.00 - $2,499.99
    • Monthly
    • $2,500.00 - $9,999.99
    • Monthly
    • $10,000.00+
    • Monthly
    • Minimum Opening Balance
    • $0.01-$499.99
    • $0.00
    • $500.00 - $2,499.99
    • $0.00
    • $2,500.00 - $9,999.99
    • $0.00
    • $10,000.00+
    • $0.00
    • Minimum Balance to Earn APY
    • $0.01-$499.99
    • $0.01
    • $500.00 - $2,499.99
    • $0.01
    • $2,500.00 - $9,999.99
    • $0.01
    • $10,000.00+
    • $0.01
Updated October 6, 2017
    • Annual Percentage Yield*
    • 0.03%
    • Interest Rate
    • 0.03%
    • Amount of Time Interest Rate in Effect
    • Variable
    • Interest Compounded
    • Simple
    • Interest Credited
    • Annually
    • Minimum Opening Deposit Required
    • $5.00
    • Minimum Balance to Earn APY
    • $0.01

Personal Banking FAQs

How do I download the Online Banking User Guide?

Download our Online Banking User Guide by clicking here.

What is the Send on Date for electronic Bill Pay?

The Send on Date is the date that you select when scheduling your online electronic payment using Bill Pay in Online Banking and is displayed within the calendar widget when scheduling a bill payment.  The Send on Date is when the funds will be withdrawn from your account at approximately 9:00 p.m. EST.

What is the Deliver by Date for electronic Bill Pay?

The Deliver by Date is the date you select that you would like your payment to be received by and is displayed within the calendar widget when scheduling a bill payment. The process time is approximately 3 business days to arrive to the person/vendor you are paying.

What is the Send on Date for online check payments using Bill Pay?

The Send on Date is date that you select when scheduling your online check payment using Bill Pay in Online Banking and is displayed within the calendar widget when scheduling a bill payment.  The Send On date is when Union Savings Bank will check to see if the funds are in your account at approximately 9:00 p.m. EST. The funds to cover this payment must be in your account BEFORE 9:00 p.m. EST. If funds are not available at this time, the payment will fail and an email/alert will be sent. If the funds are available, the payment will be sent.

Your Future Starts Now

We can help you focus on your life stage financial planning journey, whether you’re just getting started or well on your way. Our FutureTrack website can help you get thinking, but come in and see us – we’ll discuss your goals and help you reach them.

Investing and financial planning services. Simplified under one roof.

Our mortgage, HELOC and consumer loans make your life easier.

Disclaimers

Keep a $500 minimum daily balance during the statement cycle and avoid the $5.00 monthly service charge.

Keep a $300 minimum daily balance during the statement cycle and avoid the $3.00 monthly service charge.

You may make up to 6 pre-authorized or telephone transfers per statement cycle. If you exceed this limit during any cycle, additional fees will apply.

The creditor and issuer of these Cards is Elan Financial Services. Separate credit application and credit approval required. Applicant must be 21 years or older to apply individually, or 18 years or older and apply as a joint applicant with a parent/guardian.

Keep a $5,000 minimum daily balance during the statement cycle and avoid the $5.00 monthly service charge

eStatements are available. You may choose to receive a combined monthly statement for any account you have with us.

The following requirements must be met in order to earn the premium rate on the Relationship Savings Account; if the requirements are not met, the rate will revert to the standard savings rate:
• A Relationship Checking account must be opened and remain open; and
• One monthly direct deposit must be made into the Relationship Checking Account; OR 10 USB Debit Card transactions must be made, per statement cycle, per account

***Qualification period is defined as 2 business processing days prior to the last statement date, through 3 business processing days prior to the current statement

UNION SAVINGS BANK RATE DISCLAIMERS

*Fees may reduce earnings
**Rates may change after the account is opened

Read all disclosures that apply to your account, including the Deposit Account Agreement and Schedule of Deposit Account Charges.

Annual Percentage Yield: Assumes interest remains on deposit in your account to maturity. A withdrawal will reduce earnings.

Variable Rate Accounts: The interest rate and annual percentage yield may change as often as daily, at our discretion.

Interest Accrual: Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).

Balance Computation Method: We use the daily balance computation to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Substantial penalty for early withdrawal from CD accounts, please refer to the Consumer Deposit Account Agreement.

Penalty may affect principal balance.

1 For interest credited to checking accounts, ‘monthly’ refers to the statement cycle.
2 If the requirements are not met, or if the Relationship Checking account is closed, the Relationship Savings account rate will revert to the Standard Savings rate listed above.
3 Young Savers accounts are intended for customers under the age of 21 and will be converted to a Statement Savings account when the account holder reaches the age of 21.
4 Subject to rules for IRA accounts. Additional prior and current year contributions are allowed for all IRA CDs listed above.

Member FDIC