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Freedom Checking + Savings
Unlock Up to 4.01% APY*
Combine Freedom Checking with Portfolio Savings and boost your savings. Fewer fees, faster transactions. Plus, earn 2.00% APY1 on your checking account.
Open My Accounts
Hassle-Free Money Transfers
Move money instantly between your Portfolio Savings and Freedom Checking accounts.
Boost Your Savings APY Up To 4.01%*
Earn 2.00% APY1 with Freedom Checking, and up to 4.01% APY* with Portfolio Savings for 6 months.
Freedom From Fees
Skip the monthly maintenance fees and minimum deposit requirements.
Checking and Savings – Better Together
See how your savings and checking accounts can work together to give you our best APY of up to 4.01%* – while you also receive the individual benefits of each account.
Saving For Tomorrow
Feel secure about your financial future, and watch your money grow.
No monthly maintenance fees.
No minimum deposit required to open an account.
FDIC insurance up to the maximum allowance limit.
UP TO4.01%APY* for 6 months
Checking – With Interest
Earn 2.00% APY1 in your checking account, 25x the national average†
Fewer account fees
Over 90,000 fee-free ATMs
EARN2.00%APY1
Two Accounts, One Application
Open a Freedom Checking and Portfolio Savings bundle with just one application.
Complete your application for the bundle.
Sign in online or in the mobile app.
Add money to your accounts.
It’s easy!
Get My Bundle
Boost your savings to 4.01% APY.*
New to UFB? Open a Portfolio Savings account with promo code UFB75 and earn a boosted rate for up to 6 months.
Open Portfolio Savings with code UFB75 - Apply in minutes. Offer ends 10/31/26.
Earn a boosted 4.01% APY* - This limited-time boost applies for up to 6 months after you open your account.
Keep earning after the boost - After your boost period ends, you'll keep earning at our standard rate.
Open an Account
UFB Portfolio Savings
| Balance Tiers | APY¹ | Rate |
|---|---|---|
| $0-$9,999.99 | 3.26% | 3.21% |
| $10,000 to $24,999.99 | 3.26% | 3.21% |
| $25,000 to $49,999.99 | 3.26% | 3.21% |
| $50,000 to $99,999.99 | 3.26% | 3.21% |
| $100k or greater | 3.26% | 3.21% |
Why Bank With UFB Direct?
UFB Direct is known for market-leading rates, but we also provide:
Instant, hassle-free transfers between UFB Direct accounts.
Online account access available 24/7.
Access to over 90,000 ATMs.
Fewer fees.
Checking rates 25x the national average.†
Upgrade your banking today. Get the UFB Direct app
Scan to get the app.
We Take Data Protection Seriously
Fraud Protection
We regularly monitor all accounts for potential fraud and use anti-virus protection to help us detect and prevent viruses. Our firewalls help block unauthorized access by individuals or networks.
SSL Encryption
Our Secure Socket Layer (SSL) 128-bit encryption creates a secure connection with your browser when you log in or fill out an application.
Automatic Logouts
We automatically log you out of your secure session after a period of inactivity to protect against unauthorized users.
See Why Others Choose to Bank With Us
UFB Freedom Checking
| Balance | APY¹ | Rate |
|---|---|---|
| $0 to $1,999.99 | 2.00% | 1.98% |
| $2,000 to $9,999.99 | 2.00% | 1.98% |
| $10,000 to $24,999.99 | 2.00% | 1.98% |
| $25,000 to $49,999.99 | 2.00% | 1.98% |
| $50,000 to $99,999.99 | 2.00% | 1.98% |
| $100k or greater | 2.00% | 1.98% |
Frequently Asked Questions
Opening a checking account online is similar to opening one in person. Simply select the bank you’d like an account with and follow their account opening instructions. You’ll need to fill out an online application.
It depends on the account you open, but typically you’ll need a valid ID and your social security number.
Yes. Checking accounts are deposit products and therefore are insured up to $250,000 individually and $500,000 joint. If you need more coverage, explore our InsureGuard+ option for expanded FDIC insurance.
Direct deposit works by having your employer deposit your paycheck directly into a bank account instead of giving you a paper check to deposit yourself. Typically, direct deposit is a safer and faster way to receive your paycheck.
A Freedom Checking account is a checking account that provides debit card access to funds.
A Portfolio Savings account is a savings accounts that offers up to 4.01% APY*.
Financial Resources
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Put Your Savings on Autopilot
The simplest way to grow your savings is to set up an automatic transfer from your checking account to your savings account.