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United Bank of Philadelphia

United Bank of Philadelphia

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United Bank of Philadelphia Products

Checking
Savings
Business
Loans
Checking

United Blue Regular

Unlimited check writing ability. Free Visa Check Card. Free on-line banking with bill-pay. Free usage of United Bank ATMs. eStatements Available. Must deposit $50 to open account. $300 minimum balance needed to avoid a $12 monthly service charge.

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United Blue Senior

Product for customers 50+. Unlimited check writing ability. Free Visa Check Card Free on-line banking with bill-pay. eStatements Available. Free usage of United Bank ATMs. Must deposit $50 to open account. A monthly fee of $8 is imposed on this account.

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United Blue Interest

Interest-bearing account. Unlimited check writing ability. Free Visa Check Card. Free on-line banking with bill-pay. Free usage of United Bank ATMs. eStatements Available. Must deposit $50 to open account. A monthly fee of $9 is imposed on this account.

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United Blue Money Market Account

Earn increasing interest rates based on tiered balances. Savings account with check-writing ability. Free online banking & bill pay. eStatements Available. Minimum $50 initial deposit. Six (6) account transfers per month. Minimum balance of $1,500.

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Savings

Personal Statement Savings

Begins earning interest with a balance of $150. Free on-line banking. eStatements Available. Free usage of United Bank ATMs. Must deposit $100 to open this account. Must maintain a minimum daily balance of $250 to avoid a monthly service charge of $7.

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Youth Savings

Designed for young savers up to age 18. No minimum balance. Must deposit $5 to open this account. No withdrawals until age 18. No monthly service charge. Interest rate is determined by Bank.

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United Blue Clubs

Save for vacation, holiday or education. Must deposit $10 to open this account. May not withdraw from account before maturity. Must maintain minimum balance of $10 to obtain the disclosed annual percentage yield. No monthly fee.

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United Blue Certificates of Deposit

Maturities range from one month to five years. Jumbo CDs are available for investments if $100,000 or more. Must deposit $500 to open this account. May not make additional deposits into this account.

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Burial Reserve Savings

Enables you to begin saving for yourself or a loved one's final expenses. Must deposit $10 to open this account. No pre-authorized withdrawals or transfers allowed. ATM services are not available on this account. Interest rate is determined by the Bank.

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United Blue Secured VISA Savings

Account used as collateral for Secured VISA card. Begin earning interest with a balance of $750. Must deposit $300 to open this account. May not deposit more than $5000 to this account. Deposits are permitted only to increase credit limits.

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Business

Business Checking

Small Business Checking, Entrepreneurial-25, United Blue Commercial Checking, United Blue Business Money Market Account, Religious Organization Checking, NonProfit Checking, United Blue Premium Checking, Estate Checking, IOLTA.

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Business Savings

Business savings accounts from United Bank of Philadelphia include Business Statement Savings and United Blue Certificates of Deposit.

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Loans

United Blue Secured VISA Savings

This card is an ideal product if you need to establish credit for the first time or if you need to re-establish your credit. The card is secured by a FDIC insured savings account. $300-$5,000 loan amounts.

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Small Business Administration (SBA) Loans

United Bank of Philadelphia provides financing assistance through the Small Business Administration (SBA) 7(a) Loan Program. This most commonly used loan product is designed to help eligible small businesses obtain financing.

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Construction Loan

A construction loan provides funds to build an office, plant or facility or to renovate an existing one, typically over a period of six to nine months. Upon completion, the construction line of credit will be converted to a permanent mortgage loan.

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Commercial Mortgages

Commercial Mortgages are used to purchase, refinance or renovate a variety of commercial properties, including office buildings, mixed-use properties, and multi-family apartments.

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Commercial Term Loans

A term loan can provide the financing you need to grow your business. They are especially appropriate for long-term capital requirements—such as office improvements, purchase of machinery, and purchase of vehicles.

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Churches & Non-Profit

Designed specifically for non-profit and religious organizations to cover funding needs between grant and/or receivable payments. Borrower must have a specific repayment source that can be pledged as collateral.

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Why United Bank of Philadelphia

Minority Owned

United Bank of Philadelphia is an African American-owned and managed commercial bank providing inclusive essential services for all types of people and businesses.

Growing Our Community

United Bank of Philadelphia seeks to drive economic inclusion in urban communities by providing financing to small businesses to help them grow and create/retain jobs with livable wages that improve the economic condition of individuals.

Building Small Businesses

The United Bank of Philadelphia specializes in Small Business Administration SBA 7(a) loans to support the dynamic needs of small businesses.

united-bank-philadelphia-sba-loans

Small Business Administration (SBA) Loans

united-bank-philadelphia-sba-loans

United Bank of Philadelphia provides financing assistance through the US Small Business Administration (SBA) 7(a) Loan Program. This most commonly used loan product is designed to help eligible small businesses obtain financing for a variety of business purposes under the guarantee of the SBA.

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Visit a local branch or contact our team to open an account today!

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