Savings and Checking
These rates are effective January 1, 2021.
| Name | Rate | APY^ | Requirements |
|---|---|---|---|
| Member Equity Savings° | 0.10% | 0.10% | $50.00 minimum balance to earn interest |
| HSA Savings | 0.40% | 0.40% | $50.00 minimum balance to earn interest |
| HSA Checking/Share Draft | 0.05% | 0.05% | no minimum balance |
| U.B.U. Teen Savings | 0.10% | 0.10% | $5 minimum |
| IRA Savings | 0.15% | 0.15% | $50.00 minimum balance to earn interest |
| Checking | 0.05% | 0.05% | no minimum balance |
| Holiday Club | 0.10% | 0.10% | $50.00 minimum balance to earn interest |
| Name | APR* as low as | Loyalty APR° as low as |
|---|---|---|
| Quick Draw line of credit overdraft protection plan |
9.50% | 9.25% |
Must be a member to open an account. Restrictions apply.
^ APY = Annual Percentage Yield. Dividends on savings are compounded monthly. APY is subject to change after account is opened. Other rates and terms available. Withdrawal of earnings could reduce APY. Membership subject to qualifications and a minimum $5 share deposit.
* APR = Annual Percentage Rate. Interest begins to accrue immediately. Rates, terms and conditions are subject to change and may vary based on creditworthiness and qualifications. All loans subject to approval.
° Includes Loyalty Discount of 0.25% APR when enrolled in direct deposit of net income and automatic loan payments using your Veridian account. Borrowers lose Loyalty Discount if they fail to meet qualifications during loan term.