Personal Banking Accounts

Personal Banking Accounts

University Bank is committed to providing the people and businesses of Washtenaw County with the best banking services available, and the community support you deserve from your bank.

Personal Checking Accounts

  • Minimum opening balance $100
  • No minimum monthly balance
  • No monthly service charge
  • Unlimited check writing
  • Accessible by ATM or MasterCard® Debit Card
  • University Bank has teamed up with Allpoint, an ATM network that gives you access to over 55,000 ATM’s worldwide.
  • Minimum opening balance $500
  • Monthly service charge – may apply if avg. daily balance falls below $1,000
  • Interest bearing
  • Unlimited check writing
  • Accessible by ATM or MasterCard® Debit Card
  • University Bank has teamed up with Allpoint, an ATM network that gives you access to over 55,000 ATM’s worldwide.

ALLPOINT ATM: Notice to Cardholders of Member Institutions: If the surcharge screen appears during your Allpoint ATM transaction, press “yes” to accept the surcharge and proceed with your withdrawal. You will not be charged the surcharge or Allpoint will refund your money. Some locations may have more than one ATM, not all of which participate in the Allpoint network. Please make sure to check the ATM you are using for the Allpoint logo to ensure it is the correct one.

Personal Savings Accounts

  • Minimum opening balance $100
  • No minimum monthly balance
  • No monthly service charge
  • Interest bearing
  • Accessible by ATM Card
  • Maximum of 6 pre-authorized withdrawals per statement cycle
  • University Bank has teamed up with Allpoint, an ATM network that gives you access to over 55,000 ATM’s worldwide.
  • Minimum opening balance $1,000
  • Monthly service charge – may apply if avg. daily balance falls below $500
  • Interest bearing
  • Limited check writing capabilities
  • Accessible by ATM or MasterCard® Debit Card
  • Maximum of 6 pre-authorized withdrawals per statement cycle
  • Terms as low as 91 days up to 60 months
  • $1000 minimum opening balance.
  • Fixed rate for the term
  • May receive interest by check, transfer or compounding
  • 7 calendar day grace period at maturity

Consumer Lending

  • Typically 15-year term with principal and interest payment throughout the term
  • Fees are cost of title, flood, credit report & AVM. With up to a $995.00 origination fee. (depends on loan amount)
  • Rates for these are Fixed and are 740 and above= 5.99%, 700-739=6.24% & 660-699=6.24%
  • 15-year term with a 5-year draw period and a 10-year repayment
  • Interest only payments during draw period and principal and interest during the repayment period
  • Fees are cost of title, flood, credit report & AVM. With a $250.00 origination fee

·       *Rates are based on score= 740 and above=P+1%, 700-739= P+2%, 660-699 P+3%.

  • Typically set up as 6-month temporary financing. Used typically to get the equity out of their existing home to purchase another home.
  • Interest-only payments (interest rate depends on credit score)*
  • Fees are cost of title, flood, credit report & AVM. With a 1% origination fee

*Rates are based on score= 740 and above=P+1%, 700-739= P+2%, 660-699 P+3%.

University Bank also offers:

  • Automobile Loans
  • Recreational Vehicles (Boats, Motorcycles, RV’s etc.)
  • Personal Loans
  • Credit Cards (Visa®)

Want to Learn More?

For current rates or to open an account please call the Branch

  • (734) 741-5858