COMMERCIAL BANKING
Our dedicated group of specialists work tirelessly to create solutions customized for your financial needs. We are owned in perpetuity with a stable ownership model so we’re with you for the long haul. We’re here to serve you, your business and your clients–now, and 40 years from now–while honoring a tradition that upholds our founding values.
CLICK PERSONAL OR COMMERCIAL BELOW TO LEARN MORE
PERSONAL BANKING
Our dedicated group of specialists work tirelessly to create solutions customized for your financial needs. We are owned in perpetuity with a stable ownership model so were with you for the long haul. We’re here to serve you, your business and your clients—now, and 40 years from now—while honoring a tradition that upholds our founding values.
CLICK PERSONAL OR COMMERCIAL BELOW TO LEARN MORE
COMMERCIAL BANKING
provides custom solutions and products—including loans, lines of credit and depository services — for you and your growing business.

SERVICES

CHECKING & SAVINGS
Tired of the big banks and high fees? Work with our community bank instead! Union Bank & Trust specializes in providing cost effective solutions for any size of business. Balances are FDIC insured up to $250,000.
- Unlimited transactions
- No minimum balance requirements
- Earning credit may offset service fees
- Online Banking
- $1,000 minimum daily balance
- If below minimum, there is a $6 service charge per month
- 75 items free per month (checks and deposited items)
- Over 75 items, there is an additional 40¢ service fee per item
- Online Banking
- Remote Deposit
- Positive Pay
- ACH alerts and more!
- $100 minimum opening deposit
- Interest compounds quarterly
- $10 service charge per month if daily ledger balance falls below $100
- $1,000 minimum opening deposit
- Interest compounds monthly
- Tiered interest rates (Contact us for rates)
- $10 service charge per month if daily ledger balance falls below $1,0000
- Online Banking
- Automatic Transfers
- Sweep Accounts and more!
- Variety of terms available
- Interest compounded annually on CDs with terms one year or longer
- Penalty for early withdrawal
Contact us for any more information regarding the services offered.
LOANS
It’s easier to work with a community bank for all your financing needs! With flexible loans and competitive rates,
we can customize credit requests of any size to meet your specific needs. Local businesses enjoy working with Union Bank & Trust
because our local streamlined credit approval process allows us to make sound credit decisions quickly and efficiently.
Working Capital Lines of Credit: This solution is perfect for businesses to bridge gaps in receivables or finance inventory.
Term Loans: It’s the smart way to finance capital expenditures with competitive fixed rates and affordable terms.
Commercial Real Estate Loans:
Let us help you with owner-occupied and investment real estate.
Small Business Administration (SBA) Loans:
These loan programs allow you to start or expand your business with longer terms, a lower down payment and favorable rates.
There are several options available through the SBA to help you purchase a business, fund growth, and buy commercial real estate or equipments.
See the SBA website:
SBA.Gov
for detailed loan options, or contact your business banker.
CEPD 2% Loan Program:
Working with the Community Planning and Economic Development organization and the City of Minneapolis, we are able to provide these special loans to help local businesses.
A wide variety of financing options are available for rehabilitation projects, housing developments, and many other programs.
View photos and contact info for our business banking team
here.
TREASURY MANAGEMENT
This service allows you to:
- Reduce payment costs and reconciliation time
- Get faster inflows.
- Control payment timing
- More accurate forecasting
Click here for any more information regarding the services offered.
ONLINE BANKING
Save time, take more control and improve cash flow in a fully secure environment designed specifically for your business! Our Business Online Banking product features 24/7 access so you can manage your finances anywhere and anytime that is convenient for you.
- Balance inquiries
- Transaction history
- Transfer funds amongst the accounts specified at enrollment
- Electronic Statements available
ADDITIONAL SERVICES
- Business VISA Card
- Night Depository
- Personal Checking Accounts
- Personal Savings Accounts
- Personal Loans
- Home Equity Loans and Lines of Credit
- Home Mortgages
- Personal Debit Card
- Direct Deposit
- Personal Credit Cards
- Overdraft Protection
- Certificates of Deposit
- Individual Retirement Accounts
- Trust Services
- Gift Cards
- Safe Deposit Boxes*
WHAT IS HAPPENING IN
COMMERCIAL BANKING?
PERSONAL BANKING
provides custom solutions and products—including loans, lines of credit and individual retirement accounts — for you and your growing family.

SERVICES

CHECKING
- $100 minimum opening account
- $200 minimum daily balance to avoid service charge.
- $6 per month and $0.15 per debit will be charged if the balance falls below $200.
- No interest earned
- Complimentary starter pack of personalized duplicate checks
- All the conveniences listed below
$100 minimum opening account
- No minimum monthly balance
- $6 per month
- No interest earned
- Free money orders
- Complimentary starter pack of personalized duplicate checks
- All the conveniences listed below
*Fees may reduce earnings
Conveniences: Take more control of your account. Each account comes with great conveniences that make it easy to manage your money. Click here for details.
- Debit Card or ATM Card
- Free Online Banking
- E-statements
- Free Check Safekeeping
- Direct Deposits
- Automatic Transfers
- Overdraft Protection Line of Credit – subject to credit approval
- Savings transfers to protect against overdrafts
- Credit Cards
- Gift Cards and more
- $1,000 minimum opening account
- $1,000 minimum daily balance to avoid service charge.
- $8 per month and $0.15 per debit will be charged if the balance falls below $1,000.
- Interest is earned at published rate.*
- Complimentary starter pack of personalized duplicate checks
- All the conveniences listed below
- $100 minimum opening account
- No minimum monthly balance
- No monthly service charge
- No interest earned
- standard style of personalized duplicate checks
- All the conveniences listed below
SAVINGS, CDs & IRAs
- $100 minimum balance to avoid service charges. $5 per month will be charged if the balance falls below $100.
- A variable rate of interest is paid quarterly.
- Limited transactions may apply.*
- Minor savings accounts are also available.
- $1,000 minimum balance to avoid service charges.
- $10 per month will be charged if the balance falls below $1,000.
- A variable interest rate is paid monthly.
- Limited transactions may apply.*
- A monthly direct deposit of government benefits is required to be eligible (Social Security, Supplemental Security Income (SSI), Veterans Benefits, Railroad Retirement, Civil Service Salary or Retirement, or Military Retirement).
- No minimum balance.
- $3 monthly service charge.
- Limited transactions may apply.*
- ATM Card
- Free Online Banking
- E-statements
- Automatic Transfers
- Direct Deposit
- Credit Cards
- Gift Cards and more
- Guaranteed rate.
- Variety of terms available; $1,000 minimum deposit.
- Penalty for early withdrawal.
- Saving for retirement doesn’t happen by itself. That is why you should visit our community bank to help you make the best choice for your IRA. Each IRA has distinct tax advantages, see one of our IRA specialists to explain all the details.
- 12, 24 and 36 month maturities
- Contribution limit for 2018: $5,500 (if you are age 50 and over, you can make an additional $1,000 catch-up contribution)
- Roth IRA: Your IRA contributions are not tax-deductible, and account growth and withdrawals are tax-free.
- Traditional IRA: Your IRA contributions may be tax-deductible, but account growth and withdrawals are taxed when you take the money out.
- Penalty for early withdrawal
- Contact us for current interest rates
LOANS
- A great line of credit or term loan for homeowners
- No annual fee
- Fixed rate loans are also available
- Fast financing for home additions, improvements, buying new cars, or paying off credit cards
- Flexible repayment plans
- Interest may be tax deductible (see a tax advisor)
- $1,000 minimum balance to avoid service charges.
- $10 per month will be charged if the balance falls below $1,000.
- A variable interest rate is paid monthly.
- Limited transactions may apply.*
- Fast service
- Very competitive rates and payments
- Variety of rate discounts available
- Financing for RVs, ATVs, campers, and motorcycles
- A complete array of home financing options
- Conventional, FHA, and VA Loans
- Competitive pricing & fast approval
- Fixed and variable rate options
- First-time Home Buyers program
- Low down payment options
MORTGAGES
our customers with quality mortgage services.
- See current mortgage rates
- Apply for a mortgage loan
- See many mortgage options
- Get all your mortgage questions answered
ONLINE BANKING
- View your account balance
- View your current transactions.
- Transfer funds between accounts
- View and print previous statements
- Download transactions into your financial software
- View and print cleared checks
- You’re notified by e-mail when your E-Statement is available
- View your E-Statements electronically instead of the paper method at your convenience
- Need a hard copy? Just click “Print”.
ADDITIONAL SERVICES
- Your purchases will be easier, faster and more convenient
- You’ll save money because you’ll have fewer checks to order
- No need to write checks or even carry a bulky checkbook
- Receive a detailed list of every transaction on your monthly checking account statement
- Free Direct Deposit
- Cashiers Checks and Money Orders
- Unlimited check writing
- Free check safekeeping
- Notary Services
- Gift Cards
- Combined monthly statements
- Safe Deposit Boxes*
WHAT IS HAPPENING IN
PERSONAL BANKING?