Overview / Commentary
773-420-5050
7936 S. Cottage Grove Ave.
Chicago, IL 60619

Urban Partnership Bank is headquartered in Chicago and is the 96th largest bank in the state of Illinois. It is also the 1,580th largest bank in the nation. It was established in 2010 and as of June of 2018, it had grown to 108 employees at 8 locations. Urban Partnership Bank's money market rates are 2X the national average, and it has a B health rating.

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Reviews (3)

Bank works for local community

Posted by: JeffL | Sep 21, 2016

After looking for an institution that is closer to the community, I opened CD and savings accounts with Urban Partnership Bank. Although I am in the Chicago area and the bank operates in the Chicago and Detroit areas, I have not actually been to any of their branches as they are far from where I live. I am able to do everything I need online and over the telephone. The recently upgraded website is easy to navigate and telephone representatives have been professional on the few occasions I needed to call. As of this writing the interest rates are not particularly competitive, which is unfortunate as they are dedicated to community investment. I have never had to pay any fees associated with my accounts at this institution, though.

Do Not Trust This Bank

Posted by: Rippedoff | Sep 15, 2017

I had a small savings account with this bank for years. Last year they started charging me $10/month in an inactivity fee with no notice!!! (Ok, maybe they sent me an e-mail that said "you have an important notice".) Give me a break. It was so hard to logon that I did not do it often but I at least trusted that my money would still be there. This is a sleazy bank and they will rob you blind if they do not go bankrupt first. STAY AWAY!!!

Technology Doesn't Work- Good Luck Calling Customer Service

The website does not work well. Links go to the wrong places. Very frustrating. Customer service on the phone is also very confused.

Service at the branch was friendly and once people were reached, they were friendly. Find a better technology platform or go out of business please.



Health

Health Grade Components

Overall
FDIC Certificate #59051
Year Established2010
Employees108
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.83%
Return on Equity - YTD8.77%
Annual Interest Income$11.8MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$442.4MM$503.2MM
LoansQ2 2018vs Q2 2017$336.8MM$337.7MM
DepositsQ2 2018vs Q2 2017$394.4MM$462.4MM
Equity CapitalQ2 2018vs Q2 2017$44.0MM$36.9MM
Loan Loss AllowanceQ2 2018vs Q2 2017$10.0MM$22.2MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$13.7MM$30.0MM
Real Estate OwnedQ2 2018vs Q2 2017$1.0MM$1.2MM
Rates
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Always verify rates and promotions with the bank or credit union. We are not Urban Partnership Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Urban Partnership Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.80%*-$3kHoliday Partners Club
OTHER TIERS: 0.10% $3k+
0.60%--Mission Savings
0.10%--Partnership Savings

Urban Partnership Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.95%*$100k*-Partnership Pledge Money Market
OTHER TIERS: 0.85% Up to $100k
0.40%*$100k*-Premium Money Market
OTHER TIERS: 0.05% Up to $2.5k | 0.10% $2.5k - $10k | 0.20% $10k - $50k | 0.30% $50k - $100k
0.40%*$100k*-Premium IRA Money Market
OTHER TIERS: 0.05% Up to $2.5k | 0.10% $2.5k - $10k | 0.20% $10k - $50k | 0.30% $50k - $100k

Urban Partnership Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$50k*-Partnership Plus Checking
OTHER TIERS: 0.01% Up to $10k | 0.05% $10k - $50k
0.10%*$50k*-Premium Partnership Plus Checking
OTHER TIERS: 0.01% Up to $10k | 0.05% $10k - $50k

Urban Partnership Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.26%$100k-60 Month Jumbo CD
1.26%$500$100k60 Month CD
1.21%$100k-36 Month Jumbo CD
1.21%$500$100k36 Month CD
0.75%$500$100k48 Month CD
0.75%$100k-48 Month Jumbo CD
0.45%$100k-30 Month Jumbo CD
0.40%$100k-24 Month Jumbo CD
0.40%$500$100k30 Month CD
0.35%$100k-18 Month Jumbo CD
0.35%$500$100k24 Month CD
0.30%$100k-12 Month Jumbo CD
0.30%$500$100k18 Month CD
0.25%$500$100k12 Month CD
0.25%$100k-9 Month Jumbo CD
0.20%$100k-6 Month Jumbo CD
0.20%$500$100k9 Month CD
0.15%$500$100k6 Month CD
0.15%$100k-3 Month Jumbo CD
0.10%$500$100k3 Month CD

Urban Partnership Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.70%$500-60 Month IRA
0.60%$500-48 Month Educational IRA
0.40%$500-36 Month IRA
0.35%$500-24 Month Educational IRA
0.30%$500-18 Month IRA
Locations


Urban Partnership Bank Locations
Bronzeville Branch101 East 35th StreetChicago, IL 60653
Stone Park Branch1759 North Mannheim RoadStone Park, IL 60165
Bellwood Branch4310 Saint Charles RoadBellwood, IL 60104
South Loop Branch55 East Jackson BoulevardChicago, IL 60604
Greater Grand Crossing Branch7801 South State StreetChicago, IL 60619
Chatham Branch7936 South Cottage Grove AvenueChicago, IL 60619
Chatham Motor Branch7943-57 South Cottage Grove AvenueChicago, IL 60619
Detroit Branch4830 Cass Avenue, Suite 101Detroit, MI 48201

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