UniBank for Savings
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.25% | Reward Checking | eChecking 1.75% - National Average |
| 0.75% | 2-year CD | 2 Year UniStep CD + |
| 0.41% | 1-year CD | 1 Year CD 1.05% - Ally Bank High Yield 12-Month CD |
UniBank for Savings is headquartered in Whitinsville and is the 24th largest bank in the state of Massachusetts. It is also the 456th largest bank in the nation. It was established in 1870 and as of June of 2016, it had grown to 237 employees at 13 locations. UniBank for Savings has an A health rating.
Related Posts
Reduced Maximum For Reward Checking
Unibank is capable, no issues with service. Never did set foot in a branch, set account up online and used debit card, mobile app and customer service phone line when necessary.
Closing account because as of 4/1/2016 they are reducing the maximum balance for reward checking account from $25,000 to $15,000.
Hopefully I have the same good luck with Randolph Savings Bank. Better reward rate, lower (waived) monthly service fee of $10 vs $35 for Unibank, and maximum balance for reward checking is $25,000.
Grest Customer Service, Stupid Anti Customer Policies
I've been very happy with Unibank's Reward Checking until they dropped the limit on each of our two accounts from $25K to $15K which makes Randolph bank where I also have 2 accounts much more desirable. At the end of June I transferred the $15K from one acct to the other as I was considering whether or not to put our $30K elsewhere. I accidentally charged $0.04 using the wrong debit; I immediately transferred $15K back to that acct but, because the acct was negative by 4 cents for an hour or so, I not only lost my expected $28 in interest for June, but also I was assessed a $35 fine.
Yes, the $63 loss on a technicality was my mistake, but the outstanding customer service I have experienced over several years could not override extremely ridged & in my opinion stupid policies, I closed both accts today.
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 90290 |
| Year Established | 1870 |
| Employees | 237 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.64% |
| Return on Equity - YTD | 8.06% |
| Annual Interest Income | $23.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $1.72B$1.53B |
| Loans | Q2 2016vs Q2 2015 | $1.08B$1.05B |
| Deposits | Q2 2016vs Q2 2015 | $1.57B$1.40B |
| Equity Capital | Q2 2016vs Q2 2015 | $131.4MM$117.9MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $10.2MM$10.2MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $2.5MM$2.8MM |
| Real Estate Owned | Q2 2016vs Q2 2015 | $1.1MM$985.00K |
Always verify rates and promotions with the bank or credit union. We are not UniBank for Savings; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
UniBank for Savings Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.50%* | $100k* | - | Perfect Sense Money Market Accounts | ||
| OTHER TIERS: 0.15% → $10 - $50k | 0.35% → $50k - $100k | |||||
| 0.10% | - | - | Money Market Statement Accounts | ||
UniBank for Savings Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.25%* | - | $15k | eChecking | ||
| OTHER TIERS: 0.10% → $15k+ | |||||
UniBank for Savings CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.95% | $500 | - | 3 Year CD | |
| 0.95% | $500 | - | 3 Year UniStep CD + | |
| 0.75% | $500 | - | 2 Year CD | |
| 0.75% | $500 | - | 2 Year UniStep CD + | |
| 0.50% | $500 | - | 1 Year UniStep CD + | |
| 0.41% | $500 | - | 1 Year CD | |
| 0.30% | $2,500 | - | Perfect Sense 8 Month CD | |
| 0.25% | $2,500 | - | 6 Month Certificate | |
| 0.25% | $2,500 | - | 8 Month CD | |
| 0.10% | $2,500 | - | 91 Day Certificate |
UniBank for Savings IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.25% | $500 | - | 2 Year IRA | |
| 1.05% | $500 | - | 3 Year IRA | |
| 0.60% | $500 | - | 1 Year IRA |
UniBank for Savings has 13 locations. Click to view all UniBank for Savings locations.