What You Need to Open a Union Bank Savings Account
Union Bank lets you open a savings account in person at a branch, online through their website, or by phone. The fastest route is online if you have a government-issued ID and a Social Security number ready. In-person opening takes about 30 minutes and lets you deposit cash the same day. Phone opening is available but requires you to verify your identity through additional steps.
You will need a valid government ID (driver's license, passport, or state ID), your Social Security number, and an initial deposit. Union Bank's minimum opening deposit varies by account type — some savings accounts have no minimum, while others require $100 or more. Check the specific account you want before you start, because the requirement affects which route makes sense for you.
If you do not have a Social Security number, Union Bank can open accounts for non-citizens with an Individual Taxpayer Identification Number (ITIN). Bring your ITIN documentation and passport or consular ID to a branch. This process takes longer and may require additional verification steps.
Key Takeaways
- Online opening is fastest if you have a government ID and Social Security number, and your account can be ready to use within hours.
- In-person opening at a Union Bank branch lets you deposit cash immediately and walk out with a debit card the same day.
- Minimum opening deposits range from zero to $100 depending on the account type, so confirm the requirement before you begin.
- You will need a valid government-issued ID, your Social Security number, and proof of your current address for any opening method.
- Non-citizens can open accounts with an ITIN instead of a Social Security number, but the process requires a branch visit and takes longer.
Opening Online Through Union Bank's Website
Go to unionbank.com and look for the "Open an Account" button, usually on the homepage or under a "Checking & Savings" menu. Select the savings account type you want — Union Bank offers several, including basic savings and money market accounts with different interest rates and minimum balances. Read the account details carefully because the interest rate, monthly fees, and minimum deposit all vary.
The online form asks for your name, date of birth, Social Security number, address, phone number, and email. You will upload a photo of your government ID (both sides) and may need to take a photo of yourself for identity verification. Union Bank uses this to confirm you are who you say you are. The whole process takes 10 to 15 minutes.
After you submit, Union Bank verifies your information, which usually takes a few hours to one business day. Once approved, you can log into your account online and set up transfers from another bank account to fund your new savings account. If you want to deposit cash, you will need to visit a branch or use a Union Bank ATM.
Opening in Person at a Union Bank Branch
Find your nearest Union Bank branch using their branch locator on unionbank.com. Bring your government ID, Social Security number (or ITIN), proof of current address (a utility bill, lease, or bank statement dated within the last 60 days), and your initial deposit. If you are depositing cash, bring the exact amount or be prepared for change.
Tell the teller you want to open a savings account and which type you are interested in. They will walk you through the account details, explain fees and interest rates, and have you sign the account agreement. The whole process takes 20 to 30 minutes. You will receive a debit card on the spot or it will be mailed to you within 7 to 10 business days, depending on the branch.
Your account is active immediately after you sign. If you deposited cash, it posts to your account that day. You can start using your account right away through online banking or by visiting an ATM, even if your debit card has not arrived yet.
Opening by Phone
Call Union Bank's customer service line (the number is on their website) and ask to open a savings account. A representative will ask you the same questions as the online form: name, date of birth, Social Security number, address, and phone number. They will verify your identity by asking security questions based on your credit history.
After verification, the representative will explain the account options and fees, then send you documents to sign electronically or by mail. You will need to fund the account by transferring money from another bank account — you cannot deposit cash over the phone. The account opens once Union Bank receives your signed documents and the transfer clears, which usually takes 3 to 5 business days.
Phone opening is slower than online or in-person because of the extra verification steps and the need to mail or electronically sign documents. Use this method only if you cannot visit a branch or complete the online process.
What Happens After Your Account Opens
Once your account is active, you can log into Union Bank's online banking portal or mobile app using your Social Security number (or ITIN) and a password you create. Your account number and routing number appear in the app — you will need these to set up direct deposit or transfers from other banks.
If you opened online or by phone, your debit card arrives by mail within 7 to 10 business days. Activate it through the app or by calling the number on the card before you use it. If you opened in person, ask the teller whether your card is ready immediately or will arrive by mail.
Your first statement arrives 30 days after opening and shows any deposits, withdrawals, and interest earned. Union Bank sends statements online by default, but you can request paper statements if you prefer. Check your statement against your records to make sure everything is correct.
Minimum Deposits and Account Fees
Union Bank's savings accounts have different opening deposit requirements depending on the account type. Some accounts have no minimum, while others require $100 or $500 to open. Check the specific account details before you start the opening process so you know whether you have enough to meet the requirement.
Monthly maintenance fees also vary. Some Union Bank savings accounts charge $5 to $10 per month, while others waive the fee if you maintain a minimum balance or set up direct deposit. Interest rates change based on market conditions, so the rate you see today may not be the rate you earn next month. Union Bank publishes current rates on their website.
If you do not meet the minimum balance requirement, Union Bank may charge a fee or close your account after a set period. Read the account agreement carefully so you understand what happens if your balance drops below the minimum.
If You Run Into Problems During Opening
If your online application is rejected, Union Bank usually sends an email explaining why — common reasons include a mismatch between your ID and the information you entered, or a problem verifying your Social Security number. Check the email for next steps. You can usually reapply after fixing the issue, or visit a branch in person to open instead.
If you opened in person and the teller says they cannot open an account for you, ask why. Common reasons include a negative banking history (like unpaid overdrafts at another bank), a fraud alert on your credit report, or missing documentation. If it is a documentation issue, you can usually come back with the right papers. If it is a fraud alert, you may need to contact the credit bureau to clear it first.
If you opened online or by phone and your account has not opened after the expected timeframe, call Union Bank's customer service. Provide your name, date of birth, and the date you applied. They can tell you the status and whether anything else is needed from you.
Frequently Asked Questions
Can I open a Union Bank savings account without a Social Security number?
Yes, if you have an Individual Taxpayer Identification Number (ITIN). Bring your ITIN documentation, passport or consular ID, and proof of address to a branch. The process takes longer than opening with a Social Security number and may require additional verification.
How long does it take to open an account online?
The application takes 10 to 15 minutes to complete. Union Bank verifies your information within a few hours to one business day. Your account is usually ready to use the same day or next business day, though your debit card arrives by mail in 7 to 10 days.
What if I do not have proof of address?
Bring a utility bill, lease agreement, or recent bank statement dated within the last 60 days. If you do not have any of these, ask the branch whether they accept other documents like a phone bill or insurance statement. Some branches may allow you to open online instead if you cannot provide proof of address in person.
Can I open a savings account for someone else?
No, the account holder must open the account themselves using their own ID and Social Security number. If you want to open an account for a minor, you will need to open a joint account or custodial account, which requires the minor's presence at a branch and additional documentation.
What is the difference between Union Bank's savings account types?
Union Bank offers basic savings accounts with lower interest rates and no minimum balance, and money market accounts with higher interest rates but higher minimum balances. Compare the interest rate, monthly fee, and minimum balance for each type on Union Bank's website to find the one that fits your situation.