Get to Know the U Account
- $50 Minimum Opening Deposit
- No Minimum Balance Requirement
- No Monthly Service Charge
- Interest Paid Monthly
- No Paper Statements
Minimum Balance for APY* | APY* | Minimum to Open |
$0.01-$10,000.00 | 0.01% | $50.00 |
$10,000.01+ | 0.01% | $50.00 |
Minimum Balance for APY* | APY* | Minimum to Open |
$0.01 - $10,000.00 | 3.99% | 3.99% |
$10,000.01 + | 0.01% | 0.01% |
It's the checking account worth checking out. Open an account below, call us at 563.388.QCBT or stop in to open yours today!
*Annual Percentage Yield. Rate may change after account opening. APY is accurate as of January 1, 2025 and is not an introductory rate. You must have an opening deposit of $50. The base rate for this account is 0.01% APY and applies to the daily balance in the account. There are no account requirements to earn this rate/APY. The premium rate of 3.92% is for daily balances up to $10,000 when account requirements are met. This premium rate is in addition to the base rate. To obtain the premium APY, you must meet the following account requirements per statement cycle: 1) A minimum of 15 Visa(R) Debit Card transactions posted per statement cycle. ATM transactions do not count towards the 15 transactions total; 2) Receive your monthly statement via eStatements with a valid email address.
If account requirements are met(B): Rates will be paid for that portion of your daily balance that is in each tier. Premium interest is paid separately from the base interest. The portion of your daily balance of $10,000 or less will earn the premium 3.99% APY plus base 0.01% APY, which is a total of 4.00% APY. Daily balances of $10,000.01 or more will earn a range of 4.00% to 0.33% APY.
If account requirements are not met(A): The account will earn 0.01% APY on the entire daily balance. In addition, if the eStatement requirement is not met, a $5 Paper Statement Fee will be assessed monthly.
Fees may reduce earnings. Accounts closed within 90 days will be charged $25.00. Limit 2 U Accounts per Social Security Number. Member FDIC.