Consumer Rate Sheet
RATES IN EFFECT AS OF: October 5, 2026
We use two terms to explain how much interest we pay on your deposit accounts.
Interest Rate: Annualized percentage rate we pay on your account, and does not reflect compound interest, which is any interest paid on interest you've earned.
Annual Percentage Yield (APY): Annualized percentage rate we pay on your account and includes compound interest. APY may be higher than the Interest Rate due to compound interest.
Interest is compounded daily and credited monthly based on the daily collected balance.
Interest rates are variable and determined daily at Universal Bank’s discretion. Rates are subject to change without notice. Balance tiers are applicable as of the effective dates of these rates and may change at Universal Bank's discretion.
Checking Accounts
To receive the Relationship Interest Rate/Relationship APY, customers must receive one qualified electronic deposit for a minimum of $1,000.00 per statement cycle. A qualifying electronic deposit is a deposit of funds, such as your salary, government benefit payment, or other income, that has been posted to your account and is a direct deposit made through the Automated Clearing House (ACH) network. Transfers from one account to another, mobile deposits, Zelle, or deposits made at a branch or ATM are not considered a qualifying electronic deposit.
Universal Tiered Checking |
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|---|---|---|---|---|---|---|---|---|---|
Balance |
Interest Rate |
APY |
Relationship Interest Rate |
Relationship APY |
|||||
$0 - $4,999 |
0.04% |
0.04% |
0.04% |
0.04% |
|||||
$5,000 - $49,999 |
0.05% |
0.05% |
2.4693% |
2.50% |
|||||
$50,000 - $99,999 |
0.06% |
0.06% |
2.5181% |
2.55% |
|||||
$100,000+ |
0.07% |
0.07% |
2.5669% |
2.60% |
|||||
Savings Accounts
Community Savings |
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|---|---|---|---|---|---|
Balance |
Interest Rate |
APY |
|||
$0.01+ |
0.039% |
0.04% |
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High School Savings |
|||||
Balance |
Interest Rate |
APY |
|||
$0.01+ |
0.4988% |
0.50% |
|||
Universal Tiered Savings |
|||||
Balance |
Interest Rate |
APY |
|||
$0-$9,999 |
0.04% |
0.04% |
|||
$10,000-$24,999 |
0.08% |
0.08% |
|||
$25,000-$49,999 |
2.3229% |
2.35% |
|||
$50,000-$99,999 |
2.4205% |
2.45% |
|||
$100,000-$249,999 |
2.5181% |
2.55% |
|||
$250,000+ |
2.7130% |
2.75% |
|||
Retirement Account
Individual Retirement Savings |
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|---|---|---|---|---|---|
Balance |
Interest Rate |
APY |
|||
$1,000-$2,499 |
0.049% |
0.05% |
|||
$2,500-$49,999 |
0.099% |
0.10% |
|||
$50,000+ |
0.149% |
0.15% |
|||
Individual Retirement Account Term CD
Interest is compounded daily, and you may choose to have interest paid on your CD, depending on the term, either monthly, quarterly, semiannually, annually, or at maturity. The APY is based upon the maximum term of deposit for each maturity range. There may be a penalty for early withdrawal. In the chart below, a term change occurs when a CD matures, and you change your CD term as part of renegotiation.
Term |
Balance |
Interest Rate |
APY |
||
|---|---|---|---|---|---|
180 Days |
1,000+ |
0.1499% |
0.15% |
||
1 Year |
1,000+ |
0.2497% |
0.25% |
||
18 Months |
1,000+ |
0.2996% |
0.30% |
||
2 Years |
1,000+ |
0.3494% |
0.35% |
||
3 Years |
1,000+ |
0.3993% |
0.40% |
||
CERTIFICATE OF DEPOSIT (CD)
Interest is compounded daily, and you may choose to have interest paid on your CD, depending on the term, either monthly, quarterly, semiannually, annually, or at maturity. The APY is based upon the maximum term of deposit for each maturity range. There may be a penalty for early withdrawal. In the chart below, a term change occurs when a CD matures, and you change your CD term as part of renegotiation.
Term |
Balance |
Interest Rate |
APY |
||
|---|---|---|---|---|---|
30 Days |
$1,000-$49,999 $50,000+ |
0.0499% 0.0999% |
0.05% 0.10% |
||
60 Days |
$1,000-$49,999 $50,000+ |
0.0999% 0.1998% |
0.10% 0.20% |
||
90 Days |
$1,000-$9,999 $10,000-$24,999 $25,000-$49,999 $50,000-$99,999 $100,000+ |
0.0999% 0.1499% 0.1998% 0.2497% 0.2996% |
0.10% 0.15% 0.20% 0.25% 0.30% |
||
180 Days |
$1,000-$9,999 $10,000-$24,999 $25,000-$49,999 $50,000-$99,999 $100,000+ |
0.1499% 0.1998% 0.2497% 0.2996% 0.3494% |
0.15% 0.20% 0.25% 0.30% 0.35% |
||
270 Days |
$1,000-$9,999 $10,000-$24,999 $25,000-$49,999 $50,000-$99,999 $100,000+ |
0.1998% 0.2497% 0.2996% 0.3494% 0.3993% |
0.20% 0.25% 0.30% 0.35% 0.40% |
||
1 Year |
$1,000-$9,999 $10,000-$24,999 $25,000-$49,999 $50,000+ |
0.2497% 0.2996% 0.3993% 0.4491% |
0.25% 0.30% 0.40% 0.45% |
||
18 Month |
$1,000-$9,999 $10,000-$24,999 $25,000-$49,999 $50,000-$99,999 $50,000+ |
0.3494% 0.3992% 0.4490% 0.4988% 0.5485% |
0.35% 0.40% 0.45% 0.50% 0.55% |
||
2 Years |
$1,000-$9,999 $10,000-$24,999 $25,000-$49,999 $50,000-$99,999 $100,000+ |
0.3993% 0.4491% 0.4989% 0.5486% 0.5981% |
0.40% 0.45% 0.50% 0.55% 0.60% |
||
3 Years |
$1,000+ |
0.5981% |
0.60% |
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