When you join OneUnited Bank, you join thousands of families, organizations, and business owners acroos the country that are committed to the development of urban communities just like yours. They look forward to serving your needs. Your business and support are the keys to their success.
This Bank will Rob you of money. They will change the account structure without contacting you and deduct your money stating the account has changed. Try calliing them and you get the run-around. When you finally get someone to help you, then you get the bad news....
What can you do about it now, there is no local branch to go visit... Your money gone. I suggest you avoid this money trapp all together. Easy to get your money hard as heck to get it out.
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 OneUnited Bank had $13.67 million in non-current loans and owned real-estate with $44.62 million in equity and loan loss allowances on hand to cover it. This gives OneUnited Bank a Texas Ratio of 30.63% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for OneUnited Bank experienced no significant changes from 29.06% as of December 31, 2012 to 30.63% as of December 31, 2013, resulting in a negative change of 5.40%. This indicates that the balance sheet and financial strength for OneUnited Bank has had no significant changes in recent periods.
In the past year, OneUnited Bank has increased its total deposits by $8.29 million, resulting in 2.42% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth OneUnited Bank has shown is above average.
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. OneUnited Bank has $616.37 million in assets with $44.62 million in equity, resulting in a capitalization level of 7.24%, which is below average.
|FDIC Certificate #||23966|
|Assets and Liabilities|
|Equity Capital||$41.07 million|
|Loan Loss Allowance||$3.55 million|
|Unbacked Noncurrent Loans||$12.89 million|
|Real Estate Owned||$777,000|
|Historic Data - December 2012|
|Equity Capital||$47.56 million|
|Loan Loss Allowance||$3.39 million|
|Unbacked Noncurrent Loans||$12.89 million|
|Real Estate Owned||$1.87 million|
|Profit Margin - Quarterly|
|Net Interest Margin||2.43%|
|Return on Assets||0.28%|
|Return on Equity||3.91%|
|Interest Income||$24.70 million|
Always verify rates and promotions with the bank or credit union. We are not OneUnited Bank, we are a rate comparison website and can not provide official rates or promotions.
|0.05%||-||-||UNITY Youth Savings|
|0.05%||$1k||-||UNITY Choice Savings|
|0.05%||$100||-||UNITY Plus Savings|
|0.65%||$25k||-||UNITY Gold E-Money Market|
|0.20%||$25k||-||UNITY Money Market|
|0.05%||$1k||-||UNITY Choice Money Market|
|0.40%||$25k||-||UNITY Gold Checking|
|0.05%||$100||-||UNITY Business Checking|
|0.05%||$100||-||UNITY Non Profit Checking|
|1.25%||$1k||-||UNITY Gold 4 Year E-CD|
|1.15%||$1k||-||UNITY 4 Year CD|
|1.05%||$1k||-||UNITY 3 Year CD|
|1.05%||$1k||-||UNITY Gold 2 Year E-CD|
|1.00%||$1k||-||UNITY 2 Year CD|
|0.90%||$1k||-||UNITY Gold 1 Year E-CD|
|0.55%||$1k||-||UNITY 18 Month CD|
|0.55%||$1k||-||UNITY 270 Day CD|
|0.20%||$1k||-||UNITY 90 Day CD|
|0.20%||$1k||-||UNITY Gold 120 Day E-CD|
|1.15%||$1k||-||UNITY 4 Year IRA CD|
|1.05%||$1k||-||UNITY 3 Year IRA CD|
|1.00%||$1k||-||UNITY 2 Year IRA CD|
|0.55%||$1k||-||UNITY 270 Day IRA CD|
|0.20%||$1k||-||UNITY 90 Day IRA CD|
|OneUnited Bank Locations|
|Oneunited Bank||100 Franklin St||Boston, MA 2110|
|Pasadena Branch||1335 North Lake St||Pasadena, CA 91104|
|E. Compton Blvd Branch||205 E. Compton Boulevard||Compton, CA 90221|
|Roxbury Branch||2343 Washington Street||Boston, MA 2108|
|79th Street Branch||3275 N.W. 79th Street||Miami, FL 33147|
|Crenshaw Branch||3683 Crenshaw Boulevard||Los Angeles, CA 90016|
|Crenshaw and Baldwin Hill Branch||4143 Crenshaw Boulevard||Los Angeles, CA 90008|
|Grove Hall Branch||648 Warren Street||Dorchester, MA 2121|
|Ladera Heights Branch||6810 LA Tijera Boulevard||Los Angeles, CA 90045|