Company Profile

OneUnited Bank
100 Franklin Street
Suite 600
Boston, MA 02110
Phone: (617) 457-4400
Fax: (617) 457-4435
Email: [email protected]
Web Site:

  • OneUnited Bank is the premier bank for urban communities with offices in California, Florida and Massachusetts. Its mission is to provide affordable financial services to support economic development in urban communities and maintain superior financial performance to maximize shareholder value.
  • The Bank’s operations consist primarily of originating and purchasing mortgage loans – with a focus on urban and low-to-moderate income communities – and funding that activity with the gathering of affordable FDIC insured deposits.
  • The Bank supplements mortgage lending activities with additional interest-earning assets such as United States Government Agency securities and mortgage-backed securities and funding sources such as advances from the Federal Home Loan Bank of Boston.
  • The Bank generates fee income on deposit and loan accounts and, depending on market conditions, net gains on sales of securities and loans. The level of its expenses such as salaries and benefits, occupancy and equipment costs, other general and administrative expenses and income tax expense further affects the Bank’s net income. The Bank’s mission is to achieve superior financial performance.
  • The Bank contributes to organizations that support community development with a focus on housing, financial literacy and small business development.

OneUnited Bank is required by the Federal Financial Institution Examination Council (FFIEC) to file consolidated Reports of Condition and Income (Call Report) as of the close of business on the last day of each calendar quarter. The FDIC website ( provides publicly available financial information from regulatory reports for OneUnited Bank.