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OneUnited Bank Review

Black communities dream has come true. Black’s were able to setup their first ever Internet Bank named OneUnited Bank. It is one of the largest internet banks in the world. OneUnited bank has many branches across the country with main offices in Boston, Los Angeles and Miami.

OneUnited Bank was awarded the highest Bank Enterprise Award by the US department of Treasury for four consecutive years since 2004. The Bank was also rated as “The Best Money Websites” by Money magazine for its high rate of internet savings account in January 2008. The company was able to finance over $600 million in the past five years towards loans like housing, churches, office buildings and retail stores. The Bank has over $700 million in terms of assets across the country.

Mission of the Bank

Premium mission is to provide Banking facility for urban communities across America.
The company provides decent and honest financial services. The bank treats all the customers with dignity, respect and takes personal care of the Banking needs. Maintaining maximum share holder’s value is one of the major missions of the company. Employing and training highly qualified employees for customer services is the thing which led the company to success.

Latest News on the Bank

The Bank is definitely going through one of its tough times but is good enough to tackle the situations. The FDIC insured OneUnited bank is still offering good yields though FED rates were cut twice this year. The OneUnited Bank is strongly heading towards its missions and moving a step further, the company has started summer school which provides friendly environment to learn basic things about banking and financial services.

The federal deposit insurance corporation’s Money smart program is being adapted by OneUnited Bank which helps the customers to manage and check their accounts comfortably. OneUnited Bank advices its customers and others to learn basic things on banking so that they can understand how manage their accounts as the present situations are creating a sought of disturbance in the minds of customers which is not at all needed. The Bank was successful in conducting the workshop like –To your credit and Check it out which were held recently. With the help of these workshops bank was able to make its customers aware of banking and credit management. These workshops were absolutely free to learn Finance-literacy .