Univest Savings Account Rates

Univest Bank is headquartered in Souderton, Pennsylvania and services customers in and around this region. With more than 32 financial centers and 38 ATM locations, this is one of the well-known banking institutions in this part of the country. They offer numerous banking products to their customers including many high interest savings accounts that provide reasonable returns on investment for customers. In this article, we will focus more on Univest Bank savings account rates and features.

There are many kinds of savings accounts and the first of them is the anytime online Savings account. This is a classic high yield savings account which does not require any monthly maintenance. Univest Bank savings rates under this scheme are 0.35% APY which is compounded daily and credited monthly. This account could be opened with $1.00 and the minimum balance required for maintaining this account is also $1 and no fees are incurred for account maintenance and there is no minimum balance requirement.

Those who want to earn interest on business can go in for online business savings deposit. This particular account perfectly suits small business and non-profit organizations. Savings account rates at Univest under this category is 0.40% APY. Minimum amount required to open an account is $2000. If the minimum balance goes down the required amount, there will be no fees or penalty incurred, but the account will only fetch 0.25% interest.

There is also a health savings account. These high interest savings account attracts an interest rate of 0.10% APY for balances from $0 to $99 and for balances above $100, the rate is 0.50%APY. These rates are competitive in the current market conditions and provides for a steady income for investors.

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