OneUnited Bank
OneUnited Bank is a small bank headquartered in Boston, MA. The bank operates 10 branches in 3 states (California, Florida and Massachusetts). OneUnited Bank has deposits of $344.9 million, and was established in August 1982.
This bank is FDIC insured - all deposits are protected for up to $250,000. Products offered by the bank include: Unity IRA CD, Unity CD, Unity Gold E-CD, Unity Gold E-Money Market, Unity Savings, Unity Choice Savings, Unity Gold Checking and Unity Business Checking.
Current OneUnited Bank Rates
| Name | Term | APY | Min Deposit | |
| Unity IRA CD | 3 months | 0.30 % | $1,000 | |
| 9 months | 0.75 % | $1,000 | ||
| 2 years | 1.05 % | $1,000 | ||
| 3 years | 1.25 % | $1,000 | ||
| 4 years | 1.40 % | $1,000 | ||
| Unity CD | 3 months | 0.30 % | $1,000 | |
| 9 months | 0.75 % | $1,000 | ||
| 18 months | 0.75 % | $1,000 | ||
| 2 years | 1.05 % | $1,000 | ||
| 3 years | 1.25 % | $1,000 | ||
| 4 years | 1.40 % | $1,000 | ||
| Unity Gold E-CD | 4 months | 0.30 % | $1,000 | |
| 1 year | 0.75 % | $1,000 | ||
| 2 years | 1.15 % | $1,000 | ||
| 4 years | 1.50 % | $1,000 | ||
| Unity Gold E-CD Jumbo | 4 months | 0.30 % | $100,000 | |
| 1 year | 0.75 % | $100,000 | ||
| 2 years | 1.15 % | $100,000 | ||
| 4 years | 1.50 % | $100,000 |
About OneUnited Bank
OneUnited Bank is fulfilling the hundred year old civil rights dream by garnering the savings power of our communities and channeling it back into urban communities for economic development. With your support by simply opening an FDIC insured account with great rates, we will continue to accomplish this dream everyday!
We are the first Black internet bank and the largest Black owned bank in the country, with offices in Los Angeles, Boston and Miami.
In 2008, 2007, 2006, 2005, and 2004, we were awarded the highest Bank Enterprise Award by the U.S. Department of Treasury for our community development lending. We are a designated Community Development Financial Institution (CDFI).
In the past five years, we have financed over $600 million in loans, including churches, affordable housing, office buildings and retail stores - most in low to moderate income communities such as South Central, Compton, Liberty City and Roxbury. However, we never participated in subprime lending. We have always maintained strong credit criteria.
In 2007, we have achieved record earnings and good asset quality, providing the fuel needed to continue to support our community development lending.
Our growth has been through acquiring community banks across the country that are equally dedicated to our mission including - Founders National Bank of Los Angeles, Family Savings Bank in Los Angeles, California, Boston Bank of Commerce in Boston, Massachusetts and People's National Bank of Commerce in Miami, Florida.