The best choice for non-profit and faith-based organizations that value building assets in partnership with a community bank. With Non-Profit/Faith-Based Membership, you have a choice of an interest bearing checking account, a free checking account with limited transactions, a flat fee checking account with no transaction fees or a checking account that combines the balances in your checking, savings and money market accounts to avoid monthly fees. You can also open savings and money market accounts with very low minimums to avoid monthly Membership fees.
Free business checking*
Interest checking for sole proprietors
and non-profits
Flat fee checking with no transaction
fees for corporations
* Limited transactions. For more information, see OneUnited Bank Business Account Disclosures in our branches.
Non-Profit/Faith-Based Membership
Account Type
Minimum Deposit to Open
Monthly Maintenance Service Charge Membership Fees
Minimum Balance to Earn Annual Percentage Yield (APY)
Minimum Balance to Avoid Maintenance Services Charges
UNITY Non-Profit Checking
$100.00
$8.00
$100.00
N/A
UNITY Small Business Checking
$100.00
N/A
N/A
N/A*
UNITY Choice Checking
$100.00
$15.00
N/A
$1,000.00**
UNITY Choice Savings
$100.00
$8.00
$1,000.00
$1,000.00
UNITY Choice Money Market
$1,000.00
$8.00
$1,000.00
$1,000.00
* Transaction Fees Apply. See Disclosures.
**Combined balance of UNITY Choice Checking, UNITY Choice Saving and UNITY Choice Money Market
Important disclosures regarding the FDIC’s Transaction Account Guarantee Program: OneUnited Bank is participating in the FDIC's Transaction Account Guarantee Program. Under this program, the FDIC temporarily provides a full guarantee for deposits held by FDIC insured institutions in noninterest bearing transaction accounts. This coverage became effective on October 14, 2008 and will expire at 11:59 PM EST on December 31, 2010. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules. OneUnited Bank does not guarantee that its rates for interest bearing checking, money market and IOLTA accounts will not exceed 0.25%, and therefore these accounts are not eligible for TAGP. Please visit the FDIC website for more information on this pro gram (www.fdic.gov)
* The interest rate (1.01%) and annual percentage yield (APY) (1.01%) is effective today and has been effective as of July 12th, 2010. $1,000.00 minimum balance to open and $1,000 minimum to earn disclosed APY. All rates are subject to change daily. Interest on CDs is compounded at the end of the term or annually, which ever is shorter. A penalty may be imposed for early withdrawals on all CDs, and 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.
