This bank operates online as UFB Direct and offers high interst savings accounts. I opened my account with a $500 deposit at a 4.00% APY. After two months the interst rate dropped to 2.02% APY. I decided to close my account, but was never told of a $30 "Closing Fee". So after 3 months I earned $2.99 in interest, but was charged a $30 fee to close my account, for a net loss to me of $27.01. Seems like a pretty good scam this bank has going. They don't tell you about a large fee that they charge that is likely to wipe out... read full review »