Union Advantage Checking
A premium rewards-based checking account for Locals and Benefit Funds that maintain strong balances and want to maximize account value.
- Tiered Earnings Credit Rate (ECR)
- ECR credits are applied first to offset eligible fees, including the monthly service fee
- 1.00% ECR on balances up to $250,000
- 1.25% ERC on balances from $250,000 to under $500,000
- 1.75% ERC on balances from $500,000 to under $2,000,000
- 2.00% ERC on balances from $2,000.000 to under $2,500,000
- 2.50% ERC on balances of $2,500,000 and above
- Excess Earnings Credit Rate paid back into your account
- Free Positive Pay and Free Remote Deposit Scanner
- One account per EIN
- $100.00 monthly service fee
- $100,000 average collected balance
Union Edge Checking
A premium checking account designed for Locals and Benefit Funds that want simplicity, value, and strong day-to-day account protection.
- 1.00% ECR on balances up to $250,000 which is applied first to offset eligible fees, including the monthly service fee
- Free Positive Pay
- Free Remote Check Scanner
- $15,000 minimum opening deposit
- $25 monthly service fee
Union Plus Savings
A savings account for future projects, contract-related needs, and long-term reserves.
- 3.50% Annual Percentage Yield (APY) on balances up to $3,000,000
- 1.00% APY on balances above $3,000,000
- Guaranteed rate through September 30, 2026
- No maintenance fees
- $10,000 minimum to open
- One account per EIN
- $10.00 monthly service fee if the daily balance falls below $10,000.
Fees may reduce earnings. Rates, APYs, fees, Earnings Credit Rate (ECR) tiers, and account requirements are subject to change. ECR credits are not interest and are applied to offset eligible account fees. Additional treasury management, transaction, overdraft, wire, remote deposit capture, and account service fees may apply. Contact Union Bank and Trust for current rate and fee information.