What is the minimum balance requirement?

The minimum balance requirement for Union Bank varies depending on the type of account. For their Everyday Checking account, there is no minimum balance requirement. This allows customers to have the flexibility to manage their finances without the worry of maintaining a certain balance. However, for their Savings and Money Market accounts, a minimum daily balance of $500 is required to avoid a monthly service fee. It is worth noting that customers should review the specific terms and conditions for each account to ensure compliance with any additional requirements or fees that may apply. Union Bank aims to provide options that cater to a wide range of financial needs and goals while also offering transparent and accessible banking solutions.