United Central Bank MMA Rates and Savings Account Rates

United Central Bank is offering several different types of savings accounts and a money market account. The best interest rate is on the Global Money Market Account. For MMA account balances of $1,000,000 and above the annual percentage yield (APY) is 2.25%.

The highest savings account rate and yield at UCB is on their Premium Unique Savings Account. The current interest rate is 0.59% with an APY of .060%. The minimum opening balance is $500. Interest is credited to the account quarterly.

Current Global Money Market Account Yields:

• $ 1,000,000.00 & above  2.25% APY
• $500,000.00 – $999,999.99 1.65% APY
• $300,000.00 – $499,999.99 1.50% APY
• $150,000.00 – $299,999.99 1.40% APY
• $75,000.00 – $149,999.99 1.35% APY
• $5,000 minimum – $74,999.99 1.21% APY
• Below $5,000  0.12% APY

Current Savings Account Yields:

• Unique Savings

  $500 to open 0.40% APY

• Premium Unique Savings

  $1000 to open 0.60% APY

• Traditional Savings

  $100 to open 0.35% APY

• Youth Savings (Minor Savings Account)

  $0.01 to open 0.40% APY

United Central Bank has bank has branches in New York, New Jersey, Texas and Illinois. For more information on United Central Bank Savings Accounts and MMAs visit: United Central Banking.