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Chairman's Letter
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Our community's dream is now a reality!

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 here, we will continue to accomplish this dream everyday!

Our Accomplishments

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 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 four 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.

Together we are OneUnited Bank.

Our growth has enabled us to invest in people and technology to offer better services to our customers. We are proud to be the premier bank for urban communities across America.

Join us in celebrating the accomplishment of our community's dream!

Sincerely

Kevin Cohee
Chairman and Chief Executive Officer

 
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* The interest rate (3.23%) and annual percentage yield (APY) (3.26%) is effective today and has been effective as of July 14, 2008. $1,000.00 minimum balance to open and earn disclosed APY. All rates are subject to change daily. Interest on savings is compounded and credited quarterly. Fees may reduce earnings on the account. For more information, including how interest is calculated and fees, please review our Online Truth in Savings Disclosures or speak with our Financial Service Representatives. Please call 1-877-One-United or 877-663-8648 for current rate or further detailed information.