Finding the right account to fit your needs can be quite a hassle. With a wide variety of account available, researching can often take up precious time. That is why we are informing you that Ultima Bank Minnesota is offering residents a chance to earn a 1.16% APY when you sign up and open a new UBM Direct Savings Account. The current promotion offers you one of the best rates available on the market today while still allowing you access to a range of features to better your banking experience. To start enjoying the rate, all you would need to do is provide a $500,000 deposit at account opening. If you don’t have the funds to acquire this rate, even with just $1,000, you could earn a rate of 1.01% APY. Either way, you get to watch your money grow!

Once you have met the deposit requirement, you could be well on your way to enjoying both the rate and a host of features to better your banking experience! For those that are currently interested, be sure to head on over to your local branch today to see why so many has trusted the bank for all their banking and savings needs!

Ultima Bank Minnesota Account Summary:

• Apply Now
• Account Type: Direct Savings Account
• Rate: 1.16%
• Availability: MN (branch locator)
• Expiration Date: None
• Soft/Hard Pull: Hard Pull or Soft Pull Let us know!
• Direct Deposit Requirement: None
• Additional Requirements: Listed below
• Avoid Monthly Fee: None
• Early Termination Fee: None

Ultima Bank Minnesota Fine Print:

• Interest accrual begins on the first business day after the day the bank receives your deposit.
• Interest is calculated daily based on your available balance, then compounded and credited to your account quarterly (except for the UBM Direct Savings which is monthly).
• The interest rate is variable, is subject to change without notice and tiered according to your account balance.
• Fees could reduce earnings.

Ultima Bank Minnesota Account Features:

• Online Banking
• Mobile Banking
• ePay
• eAlerts
• eStatements
• FDIC insured

Conclusion:

If you are in the market for a new savings option and are able to provide the $500,000 minimum to receive the rate, then the current promotion from Ultima Bank Minnesota is the one for you! Don’t forget, if this deposit is out of your price range, you can still enjoy a 1.01% APY with a $1,000 minimum opening deposit.With this account, you are able to enjoy all the great features you would expect from the bank as well as being able to earn one of the highest APY rate available nationwide. However, if you are not currently interested, be sure to check out our list of Best Rates for all your banking needs!