You can open a savings IRA — which can include products such as MoneyMarket accounts or CDs — with Union Bank. Or you can open a brokerage IRA — which holds investments such as stocks, bonds, or mutual funds — with UnionBanc Investment Services.
IRA savings accounts
| Bank options (FDIC-insured) | Features |
|---|---|
| MoneyMarket Savings | Pays a tiered interest rate, based on your balance, so any uninvested savings can earn variable interest rates |
| Fixed-Rate IRA Time Deposits |
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| Variable-Rate Retirement IRA Time Deposits | Retirement IRA Income Time Deposit (12-month):
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| Variable-Rate Retirement Time Deposits |
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| Bonus Rate Rollover Time Deposit | Bonus Rate Rollover Time Deposit Deposits earn an extra 0.25% on any new qualifying IRA deposit for:
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IRA investment accounts
| Investment options (Non-FDIC-Insured) through UnionBanc Investment Services | Features |
|---|---|
| Mutual Funds | Professionally managed mutual funds allow you to invest without having to choose and track individual securities |
| Stocks | Equity investments may provide the long-term growth necessary to help protect purchasing power |
| Brokered CD services | Places CDs in multiple banks, with no one bank holding more than the FDIC permissible limits |
| Fixed-income securities | Investing in bonds and other fixed-income securities can help:
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| Union Bank Deposit Sweep Program |
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Please refer to our Terms & Disclosures
Brokerage and investment advisory services offered by UnionBanc Investment Services LLC, an SEC-registered broker-dealer, investment adviser, member FINRA / SIPC, and subsidiary of MUFG Union Bank, N.A. Insurance services offered by UnionBanc Insurance Services, a division of MUFG Union Bank, N.A., having a California domicile and principal place of business at 1201 Camino Del Mar, Suite 208, Del Mar, CA 92014. California State Insurance License No. 0817733. Non-deposit investment and insurance products: • Are NOT deposits or other obligations of, or guaranteed by, the Bank or any Bank affiliate • Are NOT insured by the FDIC or by any other federal government agency • Are subject to investment risks, including possible loss of the principal amount invested • Insurance and annuities are products of the insurance carriers.
Clients requiring banking services will work directly with bankers from MUFG Union Bank, N.A. Bank products available through MUFG Union Bank, N.A. are FDIC-insured within permissible limits.