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News & Information

Happenings and Dates to Remember

Fosston Rotary 5K will be held on Saturday, May 3rd at 10:00 a.m. with a kidís 1K at 9:30.

Highway 2 Cruisers annual car show is Saturday, August 23, from 10:00 to 2:00.

First Care Foundationís 4th Tango & Cash will be held on Saturday, October 18, at the Fosston Civic Center.

 

 

 

 

      

 

 

 

 

 

 

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Personal Checking

UBM checking products take full advantage of the cost saving, super convenient features of Online Banking. While they still incorporate paper checks, we do automatically image those checks and then promote eStatement delivery. This opens a whole new world of opportunities for saving your imaged statements and checks on your hard drive, organized in any fashion you wish for easy retrieval at a later time. You can also access your accounts online with NetBanc, ExecuBanc and/or MobileBanc from anywhere and go back as far as 18 months to download statements as desired! And of course, you can pay your bills through ePay.

Regular Checking: available to any individual, non-profit organization or sole proprietorship business that uses the owner's social security number for tax purposes. Minimum balance required to open is $100.

NOW Checking: available to any individual, sole proprietorship, non-profit organization or any business not prohibited from earning interest on their checking account. Its moderate interest rates and annual percentage yields (APY) are subject to change without notice and paid according to your available balance. If your balance falls below the minimum, interest will not be paid for that month. Click here for Today's Rates.

Student Checking: designed specifically for young adults under the age of 18. 

Premier Checking: for individuals aged 55 and over. 

Money Market Checking similar to NOW Checking except it offers a different rate structure of interest. It is available to individuals, public service or non-profit organizations and sole proprietorship businesses that use the owner's social security number for tax purposes. Its interest rates and annual percentage yields (APY) are subject to change without notice and tiered according to your available balance. If your balance falls below the minimum, interest will not be paid for that month. Click here for Today's Rates.

Ultima Checking is similar to Money Market Checking except it pays an even higher rate of interest depending on the account balance. It is available to individuals, public service or non-profit organizations and sole proprietorship businesses that use the owner's social security number for tax purposes. Its very attractive interest rates and annual percentage yields (APY) are subject to change without notice and tiered according to your available balance. If your balance falls below the minimum, interest will not be paid for that month. Click here for Today's Rates

With eStatement delivery, you receive:

~ No Minimum Balance Required               ~ Statement and images delivered to your inbox for free             

~ No per item fees                                         ~ Additional eStatements delivered to a Third Party at no charge

~ Free UBM Debit Card                                  ~ Free Ready Reserve Transfers (upon approved credit)        

~ Free MobileBanc Access                         ~ Free NetBanc Access                                   

Additionally, the Premier Checking offers the following (regardless of statement delivery option):

~ Free Check Blanks              ~ Free Money Orders                   ~Safety Deposit Box rental at reduced rate

 
The following fees will apply if you do not receive your statement electronically:

 

Regular

NOW

Student

Premier

Money Market

Ultima

Account Restrictions None None 18 and under Over 55 None None
Minimum Balance required to earn Interest* Non-interest bearing account $500 Non-interest bearing account Non-interest bearing account $1,000 $10,000
Minimum Balance Required (to override per check fee) $250 $500 None required None required $1,000 $10,000
Statement mailed with no images No charge No charge No charge No charge No charge No charge
Statement mailed with images $3.00/statement $3.00/statement $3.00/statement $3.00/statement $3.00/statement $3.00/statement
Additional statements produced/mailed $5.00/statement $5.00/statement $5.00/statement $5.00/statement $5.00/statement $5.00/statement
Per debit item Fee** $0.15 each $0.15 each No charge No charge $0.15 each $0.15 each
Per Transit (non-UBM check) Item Deposited Fee** $0.15 each $0.15 each No charge No charge $0.15 each $0.15 each
Ready Reserve (upon approved credit) $3.00/transfer $3.00/transfer $3.00/transfer $3.00/transfer $3.00/transfer

$3.00/transfer

 

UBM Debit Card $1.00/month $1.00/month $1.00/month $1.00/month $1.00/month

$1.00/month

 

Free Checks n/a n/a n/a Yes 1 box free Yes

*Interest accrual begins on the first business day after the day we receive your deposit. Interest is calculated daily based on your available balance, then compounded and credited to your account monthly. The Interest Rate is variable and subject to change without notice. Fees could reduce earnings.

**These Fees Are Charged Only If Balance Falls Below Required Minimum

~ To open a Checking Account, please stop in at any one of our UBM locations~

Other Fees