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UFB Direct

5.25% Current APY

Historical APY


UFB Direct is an online bank offering a high-yield savings account. The account does not require a minimum balance or monthly service fees. With 24/7 online and mobile access, customers have the flexibility to manage their account anytime, anywhere. UFB Direct is federally insured up to $250,000 per depositor through the National Credit Union Administration. The account allows multiple savings accounts and offers an automated transfer service. The easy-to-use website and mobile app provide customer convenience, while paper checks are also available for a fee. Customer service is accessible through phone, email, and mail.


  • Competitive interest rate with no minimum balance requirement
  • No monthly service fees or minimum deposits required
  • 24/7 online and mobile access to account information
  • Federally insured up to $250,000 per depositor through the NCUA
  • Automated transfers from external accounts available
  • Allows multiple savings accounts within one account
  • Easy-to-use website and mobile app
  • Customer service available via phone, email, and mail
  • Offers paper checks for a fee
  • Flexible deposit and withdrawal options


  • Limited to online and mobile banking only (no physical branches)
  • Deposits made through wire transfers are subject to a $15 fee
  • Withdrawals exceeding six per month may carry a penalty
  • Automated transfers can only be set up from external accounts
  • Some customers report slower response times from customer service
  • May not be suitable for highly complex financial situations