United Bank (GA) Review

United Bank Savings

0.60% APY

Established in 1905, United Bank has assets totaling $2.23 billion as well as deposits totaling $2 billion, which makes it a medium-size bank. United Bank, whose headquarters are in Zebulon, Georgia, does not have the same customer service perks that others do. It is a traditional brick-and-mortar bank, which means in-person service, in addition to its online and mobile presence. Our experts rated United Bank a 4.4 stars out of 5, United Bank should be solidly in contention for your choice of bank. 

United Bank provides customers with a full array of banking products, including savings accounts, checking accounts, CDs, IRAs, brokerage accounts, mortgage products and credit cards. United Bank offers a savings account with a standard interest rate, suitable if you need a place to stash your money. Perfect for basic banking needs, United Bank's ordinary checking account does not have a monthly fee. Why use checking and savings accounts with the same bank? Fast transferring between both accounts means you can still get higher interest rates in your savings account but still use your money from your checking.

Service Quality

United Bank is a brick-and-mortar bank, with 18 total bank locations in Georgia. With mobile and web apps, United Bank makes account access convenient, even on the go. It does not provide access to all-day customer service with actual service representatives. You can get help during its hours, which are Monday through Sunday, 7:00 a.m. to 8:00 p.m. ET. 

United Bank's online and mobile banking services get high praise from customers: the United Bank mobile app has been given a 4.5 out of 5 (out of 180 customer reviews on iOS and Android) compared to the national average of 3.8. United Bank's mobile app allows you to manage your funds by checking monthly statements, sending and receiving funds and accessing support representatives. United Bank receives a superb consumer satisfaction rating due to relatively few complaints registered with the Consumer Financial Protection Bureau (CFPB), a government-backed consumer protection agency. 

Products Offered

United Bank has several deposit products including savings accounts, checking accounts and CDs, meaning you have many options to manage your money. United Bank does not have the best savings rate, which means you should think about taking a look elsewhere for banks that offer more return for your money. CDs can be a terrific option to achieve higher returns, but there are limitations to accessing your money. United Bank's CD rates are competitive compared to the national average.

Rates

United Bank has a savings rate of 0.60%, which is moderate in comparison to the average U.S. bank. Its CD rates are 1.51% and 2.02% for the one-year and five-year term lengths, respectively. United Bank has a fair savings rate, which means you can find higher rates with other banks. Think about taking a look at other banks for savings accounts.

Fees

United Bank typically has low fees in comparison to other U.S. banks. United Bank's checking account has no monthly fee, ranking it excellent for anyone looking for a simple account. For those who will need cash in a pinch, it is good because it has ATM fee of $1.50, which is solid in comparison to the average U.S. bank. United Bank, unfortunately, does not refund ATM fees which means you will have to locate a United Bank ATM or eat the fee.

Financial Health

United Bank is a medium-size bank owning assets totaling $2.23 billion and deposits totaling $2 billion. United Bank's Texas Ratio is 2.42%, suggesting that the bank is in excellent financial health and extremely far from failure. Additionally, United Bank is FDIC-insured, meaning that your money is insured (up to $250,000) even in the event of bank failure.

Find a United Bank Near Me

United Bank has 18 branches across the U.S.