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OneUnited Bank and the Federal Deposit Insurance Corporation (FDIC) recognize the importance of financial education, particularly for people with little or no banking experience. That's why OneUnited Bank supports the FDIC's Money Smart Program, a training program to help adults enhance their money skills and create positive banking relationships.

We agree with the FDIC that “Financial education fosters financial stability for individuals and for entire communities. The more people know about credit and banking services, the more likely they are to increase savings, buy homes, and improve their financial health and well being.” OneUnited Bank uses the FDIC Money Smart curriculum to help individuals build financial knowledge, develop financial confidence, and use banking services effectively.

Money Smart Workshops at OneUnited Bank Branches

We hold free Money Smart Workshops in our branches throughout the country. Notices are posted in our branches and provided in customer statements. All OneUnited Bank Members are welcome to participate.

Upcoming Money Smart Workshops!

Learn how to order a copy
of your credit report, read a credit report and build and repair your credit history.
Learn how to use a checking account responsibly & determine which type of checking account is best for you. Also learn about ChexSystems & how banks use the information.

Money Smart Workshops for Your Organization

OneUnited Bank also encourages organizations to request free Money Smart Workshops by OneUnited Bank for your members. We will make every opportunity to accommodate the needs of OneUnited Bank Members for Workshops in our branches or at local non-profit organizations. Please contact us by clicking here and provide information about your organization, when and where you would like the Workshop and the anticipated number of attendees.

The 10 Money Smart Workshops are listed below. More information is available at the following FDIC website:

http://www.fdic.gov/consumers/consumer/moneysmart/overview_program.html#boi

FDIC Money Smart Workshops offered by OneUnited Bank to Your Organization:

Bank on It
An introduction to bank services

Borrowing Basics
An introduction to credit

Check It Out
How to choose and keep a checking account

Money Matters
How to keep track of your money

Pay Yourself First
Why you should save, save, save

Keep It Safe
Your rights as a consumer

To Your Credit
How your credit history will affect your credit future

Charge It Right
How to make a credit card work for you

Loan To Own
Know what you're borrowing before you buy

Your Own Home
What home ownership is all about


Source: www.fdic.gov

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Under TAGP, 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 June 30, 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. Please visit the FDIC website for more information on this pro gram (www.fdic.gov)

 

* The interest rate (1.55%) and annual percentage yield (APY) (1.55%) is effective today and has been effective as of March 8th, 2010. $1,000.00 minimum balance to open and $1,000 minimum to earn disclosed APY. (For balances of $100,000 and more, the interest rate and APY are 1.55%.) 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.