DO
This account can be used to save for holiday spending. Members can make deposits as often as they would like. On October 1 funds are automatically transferred to their savings account.
Christmas Club Account.
This is an optional protection plan where funds from a designated linked account are used for overdraft protection.
Overdraft Transfer Services
Members are encouraged to choose this service instead of receiving paper statements. Not only is this service better for the environment, but the fewer pieces of paper left for identity thieves to get their hands on.
eStatements
This account allows an individual to save for retirement with tax-free growth or on a tax-deferred basis. The money is invested in a certificate of deposit. CD's offer a higher interest rate than savins or checking accounts. Terms are available from 3 months to 5 years.
IRA CD's
This account requires no minimum balance to maintain. All members have access to free ATM/ Debit Card, Online banking, Bill Pay, and e-Statements.
Regular Checking Account
This account earns higher dividend rates and can be accessed easily. Tiered-rate structure, which means higher balances receive better rates. No minimum opening balance required. Variable interest rate; dividends are compounded daily and paid monthly.
Money Manager Account
This program allows members to skip a monthly payment on a qualifying loan on any month as long as certain program qualifications are met.
Skip-A-Pay
Members can view accounts, review transactions, make account-to-account transfers, schedule recurring transfers, view check images, make loan, VISA, mortgage payments, and view statements with this service. Members also have access to Bill Pay with a transaction account.
UBay Home Banking
This account is designed specifically for businesses. Business members have access to free debit cards, online banking, bill pay, and e-statements. This account is recommended for business members who maintain a lower balance and do not utilize multiple Treasury products. This account has a $5.00 minimum balance
Apex Checking
This account is for a member under 18 years old. On the member's 18th birthday, their account will transition to a Regular Savings Account.
Youth Savings Account
This account encourages members to use their debit cards and save at the same time. When a member uses their debit card, the transaction is rounded up to an even dollar amount and the difference is transferred to this account after midnight each day. Members may add up to an additional $100 per month to their account. This account balance transfers into their savings account or account of choice at the end of 13 months.
Lucky 13 Club Account
All Deposit Accounts at Ubay are insured up to $500,000. This exceptional level of coverage is attained through a combination of federal insurance provided by?
National Credit Union Administration (NCUA) and private insurance from Excess Share Insurance Corporation (ESI).
This service is available to members who don't have access to a computer or the internet so they can access their account information. Members can obtain balances, find out what checks have cleared, make transfers and more.
PAL
This loan is available year-round. Members must have a qualifying direct deposit amount going into the account for at least 90 days. There is a $30.00 processing fee automatically paid directly from loan proceeds. The loan is a 15-month term with a fixed interest rate of 15%. A member can only have one of these loans at a time.
F.A.S.T. = For Anything Simple Today Loan
Members can deposit their check quickly and securely with this service. They simply snap a picture of their check from their smartphone within our Mobile App and deposit the check.
Mobile Deposit
Members may open this account under their membership account. They can choose their own account name through Home Banking.
Special Savings Accounts
Available at Lincoln, Euclid and Pinconning. Sizes vary and range from $20 to $100 annually.
Safe Deposit Boxes
This app brings the services members need without going to a branch or going online. Members can check balance history and transactions, transfer money between UBay accounts, pay bills, and make their loan or VISA payments.
UbayGO
This is a fun financial tool that we offer to anyone but geared towards our youth membership. This tool is in an app that has a gamified financial education platform to help learn new skills and educate. By completing lessons members answer quiz questions and earn pineapples to be redeemed for rewards.
Zogo
This service covers the payment of checks, ACH, and debit card transactions on checking accounts. If qualified for this service, we will pay at our discretion overdrafts that would cause member-eligible checking accounts to have a negative balance. This is a back-up to Overdraft Transfer Service.
Courtesy Pay
This account is designed to be a basic account with limited services in return for standard account rules that conform to the Bank On Account Standards. Bank On works to ensure that everyone has access to a safe, affordable transactional banking account. These accounts are monitored by our Financial Counselors.
Clean Slate Account
We partner with this service, enabling debit card payments from other banks for loan repayment. Initial access requires account number and birthdate. Separate logins are needed for multiple Ubay accounts. Logging in provides automatic loan access. Payments made through this service incur a $4.99 fee. Payment options include text and email-based reminders, or online login for payments.
Message Pay
We have partnered with this organization to provide investment and retirement planning services for our members. This company was formed in 2008 and will coach you in managing your wealth. They offer financial planning, investments, Tax strategies, Estate planning and more.
RichMark Financial Services
This account represents the ownership in the credit union. There is a $5.00 required deposit made into this account. It establishes the member's right to vote and be eligible for our products and services. No additional deposits may be made into this account.
Membership Share Account
A member would agree to lock their money into a designated time frame and in return receive a higher interest rate. A minimum deposit of $500.00 is required. The interest varies based on the term selected. Terms are available from 3 months to 5 years.
Savings Certificates or CD's