Why I Bank with One United Bank

Are you looking for a bank that meets all of your financial needs while providing exceptional customer service? Look no further than One United Bank. With locations throughout the United States, One United Bank offers customers a range of banking services and an unbeatable customer experience. In this blog post, I'll explain why I choose to bank with One United Bank.

They're the largest black-owned bank in the country

One United Bank is the largest black-owned bank in the United States. Founded in 1988, it has been serving the needs of communities of color for more than three decades. Its mission is to provide banking services and products to empower individuals, families, and businesses to build wealth and create economic opportunity.

They offer competitive rates:

One United Bank strives to provide competitive rates on their products and services. Their current interest rate on savings accounts is 0.35%, which is much higher than the national average of 0.19%. They also offer checking accounts with no monthly service fee, free online and mobile banking, and a variety of credit cards with competitive rates and rewards.

They have a history of supporting the black community:

One United Bank has a long history of investing in the African American community. From offering financial literacy classes to providing micro loans to small businesses, they have made a commitment to supporting the needs of their customers. In addition, they partner with organizations such as the National Urban League and NAACP to help strengthen the black community.

They're FDIC insured:

When banking with One United Bank, you can feel secure knowing your money is safe. The Federal Deposit Insurance Corporation (FDIC) insures deposits up to $250,000 per depositor. This means that if anything happens to the bank, your deposits are insured up to this amount and you won’t lose any of your money.

They offer online and mobile banking:

One United Bank offers convenient online and mobile banking options. With their mobile app, you can easily access your account information, deposit checks, transfer money, and pay bills right from your phone. You can also use their online banking platform to check your balance, pay bills, set up alerts, and more.

They have a history of supporting the black community

One United Bank has a long history of supporting the black community and advocating for equality. Founded in 1982, they were the first African American owned and operated bank in the US. They've since become the largest black-owned bank in the US and have worked tirelessly to create opportunities for the black community.

They support a variety of initiatives and organizations that are focused on advancing economic opportunities for minorities. These include providing grants to organizations that promote entrepreneurship among people of color, offering financial literacy courses, and providing resources to Historically Black Colleges and Universities (HBCUs). In addition, they also provide small business loans to businesses owned by people of color, as well as services designed to help young adults develop healthy financial habits.

At One United Bank, they believe in creating a fair banking system that is inclusive of everyone. With their commitment to empowering the black community, they are setting an example for other banks and businesses to follow.

They offer competitive rates

One United Bank offers customers competitive rates for their products and services. With savings accounts and certificates of deposit, customers can benefit from high interest rates and low minimum deposits. The bank also provides competitive mortgage rates and other consumer loan products that help customers make the most of their money. In addition, One United Bank customers receive free checking accounts with no minimum balance requirements, as well as free online banking and mobile banking options. Their goal is to provide their customers with the best rates possible so they can maximize their money.

They're FDIC insured

One United Bank is a safe and secure institution to bank with since they are FDIC insured. The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the US government that protects depositors against the loss of their insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance covers all deposits, including checking and savings accounts, money market deposit accounts, and certificates of deposit (CDs), up to the maximum limit set by the FDIC. One United Bank is backed by the government, so you can be sure your deposits are safe and secure.

Their FDIC insurance gives customers peace of mind when depositing their money in an account at One United Bank. Since One United Bank is part of the FDIC, your deposits are insured up to $250,000 per depositor, for each account ownership category. This gives you extra protection for your money and allows you to rest easy knowing that your hard-earned money is protected by the government.

When you open an account with One United Bank, you know your funds are secure and protected from losses due to a bank failure. Their FDIC insurance provides customers with peace of mind that their deposits are safe, no matter what happens. That's why I bank with One United Bank - because I know my deposits are secure and protected.

They offer online and mobile banking

One United Bank is dedicated to providing a convenient banking experience for their customers, which is why they offer online and mobile banking services. With online banking, customers can access their accounts from the comfort of their own homes 24/7. Mobile banking allows customers to manage their accounts on the go with their smartphones or tablets. They have an easy-to-navigate website and mobile app, so managing your finances has never been easier.

One United Bank also offers text alerts, allowing you to stay up-to-date on your account information. Plus, customers can transfer money, pay bills, view transactions, and more with just a few clicks. The bank also provides free ATM withdrawals at MoneyPass ATMs nationwide, giving customers the flexibility to access their money whenever they need it.

Overall, One United Bank offers a secure and user-friendly online and mobile banking experience that makes managing your finances a breeze.

If you want to join One United Bank, click here now.