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Compare Union Bank products: Savings, Checking, and CDs

This West Coast bank offers several personal and business products — but APYs are painfully low.


Union Bank
Union Bank primarily services California, Oregon and Washington. Its best known for its non-network ATM rebates and free basic checking account. But most accounts must be opened in person and APYs top out at 0.50%.

What banking products does Union Bank offer?

Why should I open an account at Union Bank?

Union Bank offers traditional banking features such as FDIC-insured deposits, mobile banking and a Mastercard debit card. But it also has these unique features:
  • Digital wallet. Union Bank offers a contactless-enabled debit card that’s compatible with ApplePay, Samsung Pay and GooglePay.
  • Interest compounded daily. Earn interest even quicker with daily compounded interest.
  • No ATM fees. Union Bank never charges non-network ATM fees and reimburses operator fees — some accounts have a set number of rebates while others are unlimited.

What should I look out for?

Before you open an account with Union Bank, consider these potential drawbacks:

  • Limited locations. Union Bank has branch locations and ATMs in California, Oregon and Washington.
  • In-person applications. You’ll need to visit a branch to open its basic checking, savings, kids and teens accounts and CDs.
  • Low daily withdrawals. You can only withdraw up to $500 a day at Union Bank ATMs.
  • Low APYs. Most of Union Bank’s APYs are at 0.01% — lower than the national average.

Compare Union Bank to the competition

Name Product Interest rates (APY) Fee Minimum deposit to open Interest earned
American Express® High Yield Savings
Enjoy no monthly fees and a competitive APY with this online-only savings account. Accounts offered by American Express National Bank, Member FDIC.
Axos Bank High Yield Savings
No monthly maintenance fees. No minimum balance requirements. Interest compounded daily.
Aspiration Spend & Save Account

1.00% on $0 to $10,000 but you’ll need to be enrolled in Aspiration Plus and make at least $1,000 in debit card purchases a month
$0 per month or $7 per month for Aspiration Plus ($5.75 per month if you pay annually)
Deposits are fossil fuel-free and insured by the FDIC. Enjoy a spend and save combo account with unlimited cash back rewards and a $100 bonus when you spend $1,000 in your first 60 days.
CIT Bank Money Market
A savings account with a higher-than-average rate and minimal fees.
Central Bank of Kansas City Savings
The Central Bank of Kansas City Savings account, offered through SaveBetter, has a $1 opening deposit and earns 0.4% APY.
SoFi Money
SoFi Money® is a cash management account that charges no account fees to save, spend, and earn cash back rewards when you spend on brands you love.

Compare up to 4 providers

Union Bank customer service

Call 800-238-4486 to chat with a Union Bank customer service representative weekdays from 7 a.m. to 9 a.m. and Saturdays from 8 a.m. to 5 p.m. Existing customers also have the option of sending a secure message through their account.

Bottom line

If you’re looking for a West Coast bank with standard checking and savings account options, Union Bank may be right for you. But if you’re after higher APYs, shop around for other accounts.

Frequently asked questions

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