Is One United Bank really black owned?
Yes, OneUnited Bank is really Black owned. Our majority owners are our Chairman & Chief Executive Officer, Kevin Cohee and our President & Chief Operating Officer, Teri Williams. All of our board of directors and management team, the majority of which are African American, also own shares in OneUnited Bank.
We ranked the bank at a 4.3 out of 5 stars, indicating that OneUnited Bank is a great bank that you should seriously consider. OneUnited Bank provides customers with an array banking products, including savings accounts, checking accounts, CDs, mortgage products and credit cards.
About OneUnited Bank
We're the nation's largest Black-owned bank, first Black-owned digital bank, and award winning CDFI with branches in Boston, Los Angeles and Miami.
Cohee's visionary leadership, OneUnited Bank has exceeded industry averages year after year regarding asset growth and profitability. From 1996 to the present, OneUnited assets have grown from $56 million to over $650 million.
There is no maximum limit on the amount that you can deposit into your account. Click here for instructions: How can I add more money to my account? You can wire transfer any amount. For checking and savings accounts, you can deposit up to $100,000 per day or $150,000 monthly using Funds Transfer in online banking.
Yes, with one direct deposit during the month, our monthly maintenance service membership fee will not be charged for the month on your BankBlack Savings account! Even better, an Electronic Funds Transfer (EFT) credit or an AutoSave deposit transfer counts as a direct deposit.
Excellence in Service
With a history of safe, sound and secure banking practices, United Bank's impact can be felt in communities both big and small. Our network spans across the Mid-Atlantic and Southeast, offering over 200 full-service banking locations and loan production offices.
Yes, OneUnited Bank is really Black-owned. Our owners are our Chairman & Chief Executive Officer, Kevin Cohee, and our President & Chief Operating Officer, Teri Williams. All of our board of directors and management team, the majority of whom are African American, also own OneUnited Bank shares.
- Citizens Trust Bank. ...
- First Independence Bank. ...
- Liberty Bank. ...
- The Harbor Bank of Maryland. ...
- Industrial Bank. ...
- Mechanics & Farmers Bank. ...
- OneUnited Bank. ...
- Unity National Bank. Unity National Bank was established in 1963 and then it was chartered in 1985.
Use CashApp, Venmo, Paypal, Zelle
Bank your way. Use your OneUnited debit cards in payment apps.
How much is OneUnited Bank worth?
| Bank | Headquarters | Total assets (in $ millions)* |
|---|---|---|
| INDUSTRIAL BANK | WASHINGTON, DC | $688.6 |
| ONEUNITED BANK | BOSTON, MA | $627.4 |
| FIRST INDEPENDENCE BANK | DETROIT, MI | $469.3 |
| MECHANICS & FARMERS BANK | DURHAM, NC | $434.2 |
In 2001 the institution merged with Founders National Bank of Los Angeles, of which the majority owners were former professional basketball player and businessman Earvin "Magic" Johnson, musician Janet Jackson, and former Motown Records President Jheryl Busby.
- Login to the mobile app.
- Select Add Money from the bottom menu bar.
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- Click Search.
- Select Search Options.
- Check 'Deposit-Taking ATMs' only (which are 'Surcharge-Free') and Cash to Card Locations.
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Our majority owners are our Chairman & Chief Executive Officer, Kevin Cohee and our President & Chief Operating Officer, Teri Williams. All of our board of directors and management team, the majority of which are African American, also own shares in OneUnited Bank.
Yes, OneUnited Bank has two overdraft programs: Overdraft Protection and Overdraft Privilege. Details are available in our Deposit Account Agreement located HERE.
What fees will I be charged if OneUnited Bank pays my overdraft? Under our standard overdraft practices: We will charge you an Insufficient Funds Charge of $37 each time we pay an overdraft.
ONE could be a good fit if you qualify for the banking platform's perks. ONE Savings pays a competitive interest rate on balances up to $250,000 — that's on par with the rates of our best high-yield savings accounts. ONE Checking offers 3% cash back (up to $50 per year) on Walmart purchases with its debit card.
We offer business bank accounts to businesses in our market areas of Boston, Los Angeles and Miami. New business banking customers must open their first account in person in one of our branches but can manage their account online once the account is opened.
Bank On-The-Go with Our App. Unlock our highly rated mobile banking app. Get AI-driven insights, monitor security, move money, manage your card, and more. Elevate your finances with revolutionary technology.
| Global Top 100 | ||
|---|---|---|
| Rank | Name | Moody's Score |
| 1 | KfW | 10 |
| 2 | Zuercher Kantonalbank | 10 |
| 3 | BNG Bank | 10 |
What is the most trusted bank in America?
Following one of the most successful years in United's long history, United Bank has been named the Most Trustworthy Bank in America by Newsweek for 2023.
J.P. Morgan Chase is the number one bank in America in terms of total assets held, according to the Federal Reserve.
- Carver Federal Savings Bank.
- City First Bank.
- Industrial Bank.
- Greenwood*.
- Hope Credit Union.
- Liberty Bank and Trust Company.
- OneUnited Bank.
- Securityplus Federal Credit Union.
OneUnited Bank offers the UNITY Visa Secured Credit Card. Called the Comeback Card, it's perfect for consumers who are trying to rebuild poor credit and build a strong credit profile. Unlike prepaid cards, the UNITY Visa Card reports to all three of the major credit bureaus.
Bank Online, Elevate Your Finances
Use online banking to get AI-driven insights, monitor security, move money, manage your accounts, and more. Elevate your finances with revolutionary technology.
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