Company Profile: OneUnited Bank

Starting almost 50 years ago as Unity Bank & Trust in Boston, MA, One United Bank has grown into being the first Black-owned Internet bank. With locations in Los Angeles, Miami, and Boston, OneUnited has solidified it's position as being a bank that supports economic development in urban communities. According to the website, the bank plans on doing this by:

• Offering affordable financial services to all.
• Providing customers w/ superb state-of-the-art technology
• Maintaining excellent financial performance
• Garnering the spending power of the Black community and re-channeling it back to the community.

Fully insured by the FDIC, OneUnited Bank has over a half a billion in assets and has a satisfactory CAEL rating ( Capital, Asset quality, Earnings and Liquidity). OneUnited has also been recognized with the U.S. Department of Treasury for outstanding lending practices in community development.

Please check out their website at www.oneunited.com