There are few banks in the world whose primary motive is not to earn profits, but to serve the community. One of them is OneUnited Bank. This bank was formed to serve low to moderate earning urban population. Since its inception the bank has the mission to provide exemplary services and products for the economical development of urban community. In doing so, the bank has been launching new products and new services that have helped the community to fulfill its needs at a relatively lower cost and at a faster rate. In bank reviews this bank holds a high reputation as it is regarded as the largest bank in the USA which is owned and managed by the black people. It also has the distinction of being first black owned internet bank and also the first black owned interstate bank. The bank has a vision of providing world class products that help in wealth creation for the urban communities. As the bank has got branches in more than one state in the USA, it has managed to broaden its customer base. The bank’s history is more than 50 years old when several banks across the USA having the same mission were merged and formed as OneUnited Bank. The bank is a merger of Founders National Bank of Commerce, Los Angeles, Family Savings Bank, Los Angeles, Peoples National Bank of Commerce in Miami and Boston Bank of Commerce.

The bank strives for its community. For the betterment of its targeted community the bank has innovated many products and services. It was for the ease of its customers only, that the bank launched banking through internet and expanded its branches to other states. The bank in principally involved in deposit gathering and offering mortgage loans. Apart form this it deals in some state based securities as well. All the deposits with bank are insured with FDIC and are secured to the maximum extent. It has got well trained staffs that are more than ready to serve the customers and loan officers as well who know their customers by their names, giving them a feel of being special. Through net banking it has become easier for the customers to access the banking products at their own convenience. The bank is on expanding spree and is ready to acquire other banks also that support its mission so that it can serve the community better.

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Other Details:

Website: www.oneunited.com

Phone Number: (617) 457- 4400

Address: 100 Franklin Street, Suite 600, Boston, MA 02110

Minimum Balance: www.oneunited.com

Interest: www.oneunited.com

Current Savings Account Rates: www.oneunited.com

Current CD Rates: www.oneunited.com