Union Bank and Trust Company is participating in the FDIC's Transaction Account Guarantee Program.
Under that program, through June 30, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account.
Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.
In addition, NOW accounts with low interest rates (paying no higher than 0.50%) and Interest on Lawyers Trust Accounts are considered noninterest bearing transaction accounts and are eligible for this program.
Union Bank and Trust Company is a locally owned independent community bank serving Schuylkill and Northumberland Counties.
Known as the "Bank of Friendly Service", the officers and employees of Union Bank and Trust Company are committed to customer satisfaction. Organized in 1896, the Bank has grown its combined assets to $125,000,000.
Headquartered in Pottsville, PA, Union Bank and Trust Company has nine convenient banking offices and a loan and trust office which is also located in downtown Pottsville.
Corporate Mission
The Bank has had, now has, and hopefully will always have, a single mission: to serve it's community as an independent bank by providing a full-range of quality commercial banking services and products at fair and competitive prices.
The Bank looks at all of Schuylkill County and certain adjacent areas as its community; and views the people and businesses who live and operate in said community not only as customers, but also as neighbors.
Accordingly, the Bank will always conduct itself as an equal opportunity lender, and shall fully comply with the provisions of The Community Reinvestment Act and all applicable federal and state rules and regulations.
In so doing, it shall strive to operate in the common interests of its customers, depositors, creditors and shareholders by always acting in a safe, sound and profitable manner.
The Bank looks upon its employees as fellow members of the community it serves.
Accordingly, it shall always be part of the Bank's mission to also serve its employees by providing a pleasant workplace, by paying competitive wages, salaries and fringe benefits, and by encouraging them to improve the quality of life throughout their community by participating in civic, social, cultural, religious and educational organizations and activities.
In short, the Bank is totally committed to community service, community banking, and community life.
Union Bank's roots traced to 1852 insurance company