United Bank of Union savings, CD and money market rates
United Bank of Union's Companion Savings Account advertises 1.50% APY on balances of $1,000 or more, and 0.35% below that. That is 1.12 percentage points above the national savings average of 0.38% (FDIC, Oct 2026).
The rate needs a linked account at the bank.
Ranked #671 of 3121 tracked savings rates by advertised APY. For a $10,000 balance it would rank #442.
Estimate your earnings·What United Bank of Union actually pays
United Bank of Union at a glance
| Savings | |
|---|---|
| Top savings APY | 1.50% · Companion Savings Account · needs at least $1,000 · needs a linked account at the bank |
| Minimum to open | $1,000 · Companion Savings Account |
| Against the national average | 1.12 percentage points above the 0.38% FDIC savings average (Oct 2026) |
| CDs | |
| Top CD APY | 4.30% · 36 months · 36 Month CD Special |
| Minimum to open | $500 · 36 months CD |
| Against the national average | 2.91 percentage points above the 1.39% FDIC 36-month CD average (Oct 2026) |
| Money market | |
| Top money market APY | Up to 0.50% · Money Market · needs at least $250,000 |
| Minimum to open | not stated · Money Market |
| Against the national average | 0.13 percentage points below the 0.63% FDIC money market average (Oct 2026) |
| FDIC certificate | 14334 · Union, MO |
|---|---|
| Website | www.ubu.bank |
| Branches | 3 branches in MO |
| Availability | Available in MO |
United Bank of Union savings, CD and money market rates
How the rate applies
How the rate applies
How the rate applies
Rates are APY. 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 3.65%, and one account in ten advertises 4.20% or more. See the highest savings rates.
United Bank of Union CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| 3 months | 0.25% | $500 | 91 Day CD |
| 5 months | 0.30% | $500 | 5 Month CD |
| 6 months | 0.30% | $500 | 6 Month CD |
| 8 months | 4.15% | $500 | 8 Month CD Special |
| 11 months | 0.30% | $500 | 11 Month CD |
| 12 months | 0.55% | $500 | 12 Month CD |
| 14 months | 4.20% | $500 | 14 Month CD Special |
| 18 months | 0.55% | $500 | 18 Month CD |
| 19 months | 4.25% | $500 | 19 Month CD Special |
| 24 months | 0.65% | $500 | 24 Month CD |
| 30 months | 0.65% | $500 | 30 Month CD |
| 36 months | 4.30% | $500 | 36 Month CD Special |
| 36 months | 0.90% | $500 | 36 Month Step-Up CD |
| 48 months | 1.00% | $500 | 48 Month CD |
| 60 months | 1.51% | $500 | 60 Month CD |
| 60 months | 1.41% | $500 | 60 Month Step-Up CD |
Interactive Tool
Calculate Savings for United Bank of Union
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$569.50(3.9%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$14,569.50
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What United Bank of Union 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 1.50% needs a balance of at least $1,000. Below that, the account advertises 0.35%.
In Q2 2026, United Bank of Union paid a higher average rate on savings and money market deposits than 29% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- United Bank of Union, 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 |
|---|---|---|---|---|---|---|---|---|
| Companion Savings Account | 1.50% | $1,000 | $0 | None | not stated | Linked account at the bank · direct deposit not stated | Tiered | |
| Fine print: The account can be opened only alongside an authorised certificate of deposit at this bank. A deposit into it is allowed only when a new certificate is opened at the same time, and the deposit cannot exceed the amount of that certificate. If the daily balance falls below $1,000 the account earns the bank's Personal Savings rate instead. | ||||||||
| Ultimate Savings | 0.50% | $50,000 | $0 | None | not stated | not stated | Tiered | |
| Fine print: One withdrawal is allowed per monthly statement cycle. Each further withdrawal in the same cycle carries a $25 service charge. If the daily balance falls below $50,000 the account earns the bank's Personal Savings rate instead. | ||||||||
| Dragon Saver's Savings Account | 0.35% | not stated | $0 | None | not stated | not stated | One rate | |
| Personal Savings | 0.35% | $25 | $0 | None | not stated | not stated | One rate | |
| Christmas Club | 0.35% | not stated | $0 | None | not stated | not stated | One rate | |
| Vacation Club | 0.35% | not stated | $0 | None | not stated | not stated | One rate | |
| Money Market | Up to 0.50% | not stated | $0 | None | not stated | not stated | Tiered | |
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 |
|---|---|---|---|---|---|
| 91 Day CD | 3 months | 0.25% | $500 | not stated | not stated |
| 5 Month CD | 5 months | 0.30% | $500 | not stated | not stated |
| 6 Month CD | 6 months | 0.30% | $500 | not stated | not stated |
| 8 Month CD Special | 8 months | 4.15% | $500 | not stated | not stated |
| 11 Month CD | 11 months | 0.30% | $500 | not stated | not stated |
| 12 Month CD | 12 months | 0.55% | $500 | not stated | not stated |
| 14 Month CD Special | 14 months | 4.20% | $500 | not stated | not stated |
| 18 Month CD | 18 months | 0.55% | $500 | not stated | not stated |
| 19 Month CD Special | 19 months | 4.25% | $500 | not stated | not stated |
| 24 Month CD | 24 months | 0.65% | $500 | not stated | not stated |
| 30 Month CD | 30 months | 0.65% | $500 | not stated | not stated |
| 36 Month CD Special | 36 months | 4.30% | $500 | not stated | not stated |
| 36 Month Step-Up CD | 36 months | 0.90% | $500 | not stated | not stated |
| Fine print: Step-Up rate. On the second anniversary the rate rises to the bank’s then-current 12 month CD rate if that rate is higher. | |||||
| 48 Month CD | 48 months | 1.00% | $500 | not stated | not stated |
| 60 Month CD | 60 months | 1.51% | $500 | not stated | not stated |
| 60 Month Step-Up CD | 60 months | 1.41% | $500 | not stated | not stated |
| Fine print: Step-Up rate. The initial rate is in effect for three years. On the third anniversary the rate rises to the bank's then-current 24 month CD rate if that rate is higher, for the remainder of the term. | |||||
Opening and using the account
| Availability | Available in MO |
|---|---|
| Footprint | 3 branches in MO |
| Eligibility | not stated |
How United Bank of Union behaves over time
Every observation of the advertised Companion Savings Account rate in the last 12 months was 1.50% (observed through Oct 21, 2026). The series includes promotional tiers where one applied.
Recent rate changes, as observed
- Obs. Oct 21, 20268 Month CD SpecialRaise:4.00%to4.15%
- Obs. Oct 21, 202614 Month CD SpecialRaise:4.05%to4.20%
- Obs. Oct 21, 202619 Month CD SpecialRaise:4.10%to4.25%
- Obs. Oct 21, 202636 Month CD SpecialRaise:4.00%to4.30%
- Companion Savings Account
- The same as 30 days ago.
- 36 months CD
- Up 0.30 percentage points from 7 days ago.
$10,000 at the 1.50% APY United Bank of Union advertises on Companion Savings Account grows to $10,150 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 $9,784 does today. See how the federal funds rate shapes savings rates.
United Bank of Union CD rates over time
Who is United Bank of Union?
| Headquarters | Union, MO |
|---|---|
| Founded | 1934 |
| Scale | $578M assets · $491M deposits, $425M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 14334 |
| Charter state | Missouri · one of 194 insured banks chartered there (Q2 2026, FDIC) |
| Size | 1,589th-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 51% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What United Bank of Union pays on deposits above.
Common questions about United Bank of Union
Is United Bank of Union FDIC insured?
Yes. United Bank of Union is FDIC insured under certificate 14334, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at United Bank of Union?
United Bank of Union requires a minimum deposit of $1,000 to open its Companion Savings Account, as observed on Oct 21, 2026. Check the bank's current terms before you open an account.
Does the 1.50% apply to my whole balance?
The 1.50% needs a balance of at least $1,000. Below that, the account advertises 0.35%. The rate needs a linked account at the bank. Rates are as observed on Oct 21, 2026.
Does United Bank of Union have branches?
Yes. United Bank of Union operates 3 branches according to FDIC branch records, in addition to its website and mobile apps.
United Bank of Union against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| United Bank of Union | 1.50% | 0.92% | $1,000 | 3 branches in MO |
| American Bank | 1.50% | 3.86% | $1 | 1 branch in PA |
| CorTrust Bank National Association | Up to1.50% | 0.71% | not stated | 37 branches in MN, SD |
| First FarmBank | Up to1.50% | 1.80% | $100 | 6 branches in CO, KS |
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 United Bank of Union's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Missouri, nearest to United Bank of Union in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: savings rates in Missouri, CD rates in Missouri, and banks in Missouri.