Union County Savings Bank savings and CD rates
Union County Savings Bank's High Yield Savings advertises 4.00% APY on balances under $100,000, and 0.50% on larger balances. That is 3.62 percentage points above the national savings average of 0.38% (FDIC, Oct 2026).
The rate needs a linked account at the bank.
Ranked #96 of 3146 tracked savings rates by advertised APY. For a $10,000 balance it would rank #56.
Estimate your earnings·What Union County Savings Bank actually pays
Union County Savings Bank at a glance
| Savings | |
|---|---|
| Top savings APY | 4.00% · High Yield Savings · under $100,000 only · needs a linked account at the bank |
| Minimum to open | $100 · High Yield Savings |
| Against the national average | 3.62 percentage points above the 0.38% FDIC savings average (Oct 2026) |
| CDs | |
| Top CD APY | 4.50% · 24 months · 2 Year CD |
| Minimum to open | $500 · 24 months CD |
| Against the national average | 2.95 percentage points above the 1.55% FDIC 24-month CD average (Oct 2026) |
| FDIC certificate | 12013 · Elizabeth, NJ |
|---|---|
| Website | www.unioncountysavings.com |
| Branches | 4 branches in NJ |
| Availability | Available in NJ |
Union County Savings Bank savings and CD rates
Personal
How the rate applies
How the rate applies
How the rate applies
IRA
Business
Rates are annual percentage yields (APY). A variable rate may change after the account is opened. Fees could reduce the earnings on the account. A penalty may be imposed for early withdrawal.
The national savings average is 0.38% (FDIC, Oct 2026). The top tracked savings rate on Banksparency is 12.00%. Across 59 savings accounts from 58 banks in the Banksparency core savings index, the median advertised rate is 3.66%, and one account in ten advertises 4.20% or more. See the highest savings rates.
Union County Savings Bank CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| Personal CDs | |||
| 3 months | 0.65% | $500 | 3 Month CD |
| 4 months | 3.75% | $500 | 4 Month CD |
| 6 months | 0.70% | $500 | 6 Month CD |
| 7 months | 3.75% | $500 | 7 Month CD |
| 9 months | 3.00% | $500 | 9 Month CD |
| 12 months | 3.25% | $500 | 1 Year CD |
| 13 months | 3.55% | $500 | 13 Month CD |
| 18 months | 4.00% | $500 | 18 Month CD |
| 24 months | 4.50% | $500 | 2 Year CD |
| 36 months | 3.50% | $500 | 3 Year CD (New Money) |
| 36 months | 2.25% | $500 | 3 Year CD (Existing Funds) |
| 48 months | 2.35% | $500 | 4 Year CD |
| 60 months | 1.36% | $500 | 5 Year CD |
| IRA CDs | |||
| 12 months | 3.55% | $500 | 1 Year IRA CD |
Interactive Tool
Calculate Savings for Union County Savings Bank
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$1,568.10(10.1%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,568.10
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What Union County Savings Bank pays on deposits
FDIC call report data
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
The two figures answer different questions, so they sit side by side and are not combined. The 4.00% applies to balances under $100,000. A larger balance earns 0.50% on the whole amount.
In Q2 2026, Union County Savings Bank paid a higher average rate on savings and money market deposits than 56% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- Union County Savings Bank, savings and money market
- All-bank median
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| Personal | ||||||||
| High Yield Savings | 4.00% | $100 | $0 | $99,999.99 | not stated | Linked account at the bank · direct deposit not stated | Tiered | |
| Fine print: A Cash Back Checking account is required to earn the posted APY. The posted APY applies to balances up to $100,000, and balances above that earn a lower rate. A lower rate also applies if the qualifying transactions are not met. | ||||||||
| Statement Savings | Up to 3.25% | $50 | $0 | None | not stated | not stated | Tiered | |
| Holiday Club Savings | 1.00% | $50 | $0 | None | not stated | not stated | One rate | |
| Fine print: The balance is paid to another account at the bank when the club term ends. No partial withdrawals are allowed, and an early withdrawal can close the account with loss of the interest earned. | ||||||||
| Rising Star Savings | 0.60% | $1 | $0 | None | not stated | not stated | One rate | |
| STAR Savings | 0.60% | $50 | $0 | None | not stated | not stated | Tiered | |
| IRA | ||||||||
| IRA Savings | 0.60% | $500 | $0 | None | not stated | not stated | One rate | |
| Business | ||||||||
| Business Savings | 0.75% | $100 | $0 | $99,999.99 | not stated | not stated | One rate | |
Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
CDs
| Product | Term | APY | Min to open | Early withdrawal fee | Compounding |
|---|---|---|---|---|---|
| Personal CDs | |||||
| 3 Month CD | 3 months | 0.65% | $500 | not stated | not stated |
| 4 Month CD | 4 months | 3.75% | $500 | not stated | not stated |
| Fine print: At maturity this certificate renews as a 3-month certificate at the rate then published. | |||||
| 6 Month CD | 6 months | 0.70% | $500 | not stated | not stated |
| 7 Month CD | 7 months | 3.75% | $500 | not stated | not stated |
| 9 Month CD | 9 months | 3.00% | $500 | not stated | not stated |
| 1 Year CD | 12 months | 3.25% | $500 | not stated | not stated |
| 13 Month CD | 13 months | 3.55% | $500 | not stated | not stated |
| Fine print: At maturity this certificate renews as a standard 12-month certificate at the rate then published. | |||||
| 18 Month CD | 18 months | 4.00% | $500 | not stated | not stated |
| 2 Year CD | 24 months | 4.50% | $500 | not stated | not stated |
| 3 Year CD (New Money) | 36 months | 3.50% | $500 | not stated | not stated |
| Fine print: This rate is open to new money only. | |||||
| 3 Year CD (Existing Funds) | 36 months | 2.25% | $500 | not stated | not stated |
| Fine print: This rate is for funds already held at the bank. | |||||
| 4 Year CD | 48 months | 2.35% | $500 | not stated | not stated |
| 5 Year CD | 60 months | 1.36% | $500 | not stated | not stated |
| IRA CDs | |||||
| 1 Year IRA CD | 12 months | 3.55% | $500 | not stated | not stated |
Opening and using the account
| Availability | Available in NJ |
|---|---|
| Footprint | 4 branches in NJ |
| Eligibility | not stated |
How Union County Savings Bank behaves over time
- 12-month high
- 4.00%
- 12-month low
- 3.50%
- Advertised now
- 4.00%
- At the 12-month high
The advertised High Yield Savings rate, observed through Nov 11, 2026. The series includes promotional tiers where one applied.
Recent rate changes, as observed
- Obs. Nov 4, 20262 Year CDRaise:3.00%to4.50%
- Obs. Nov 2, 2026High Yield SavingsRaise:3.50%to4.00%
- High Yield Savings
- Up 0.50 percentage points from 30 days ago.
- 24 months CD
- Up 1.50 percentage points from 7 days ago.
$10,000 at the 4.00% APY Union County Savings Bank advertises on High Yield Savings grows to $10,400 in a year. Prices rose 3.7% in the year to September 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $10,025 does today. See how the federal funds rate shapes savings rates.
- High Yield Savings APY
- Banksparency savings index
Union County Savings Bank CD rates over time
Who is Union County Savings Bank?
| Headquarters | Elizabeth, NJ |
|---|---|
| Founded | 1883 |
| Scale | $1.5B assets · $1.3B deposits, $1.3B of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 12013 |
| Charter state | New Jersey · one of 50 insured banks chartered there (Q2 2026, FDIC) |
| Size | 693rd-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 11% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What Union County Savings Bank pays on deposits above.
Common questions about Union County Savings Bank
Is Union County Savings Bank FDIC insured?
Yes. Union County Savings Bank is FDIC insured under certificate 12013, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at Union County Savings Bank?
Union County Savings Bank requires a minimum deposit of $100 to open its High Yield Savings account, as observed on Nov 11, 2026. Check the bank's current terms before you open an account.
Does the 4.00% apply to my whole balance?
The 4.00% applies to balances under $100,000. A larger balance earns 0.50% on the whole amount. The rate needs a linked account at the bank. Rates are as observed on Nov 11, 2026.
Does Union County Savings Bank have branches?
Yes. Union County Savings Bank operates 4 branches according to FDIC branch records, in addition to its website and mobile apps.
Union County Savings Bank against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Union County Savings Bank | 4.00% | 1.59% | $100 | 4 branches in NJ |
| American Pride Bank | 4.00% | 3.46% | $100 | 11 branches in FL, GA, NC, SC |
| Carver Bank | 4.00% | 1.31% | $5,000 | 6 branches in NY |
| Central Bank Illinois | 4.00% | 1.98% | $100 | 12 branches in IL |
Each savings APY is the top rate of the account the bank's own page leads with. Alternatives are the three tracked banks whose savings APY is closest to Union County Savings Bank's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in New Jersey, nearest to Union County Savings Bank in deposits:
Rate hubs: today's highest savings rates, and CD rates by term.
State pages: savings rates in New Jersey, CD rates in New Jersey, and banks in New Jersey.