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Unity National Bank

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Address: Description:

Description:

  • Open Account Online
  • Business Banking
  • Fraud Prevention
  • Transfers & Bill Pay
  • FDIC Insured 

A Relationship You Can Bank On

 

Unity National Bank, originally founded in 1963 and later chartered in 1985, is the only African-American owned banking institution in Texas. In February 1989, through a series of transactions and diligent efforts, it was acquired from Bay Bancshares by local minority leaders.

Our lending program has always been geared toward helping to rebuild our community and, therefore, we continue to stress mortgage loans (through a third party partnership) to those individuals who express an interest in financing for their primary residence. Our main focus is commercial loans but we continue to provide loans for retail customers. Our business lending philosophies encourage the use of various agencies to increase and enhance the possibilities of loan approval. For this purpose we have partnered with Shell Community Financing Corp., Houston Minority Business Council, Houston Small Business Development Corp., Business Consortium Fund, Waterstone, a SBA Loan Service Provider, and others. We continue to make SBA-guaranteed loans as well as other conventional loans to small businesses. Because of our increased activity in this area, the U.S. Small Business Administration named Unity a Certified Lender.

Black-owned Bank in Texas - Unity National Bank #bankblack

 

Business Checking and Savings Accounts

Shop Owners

We offer a variety of accounts. Choose the one that fits your needs.

Savings

Unity offers three types of interest-bearing business savings accounts.

Each offers:

  • FREE Online Banking
  • FREE Bank by Phone
  • Mobile Banking
  • Access to Estatements & Notices

Pick the one that meets your needs.

 Product

Savings

Money Market

Platinum Money Market*

Minimum Opening Balance

$100

$1000

$100,000

Monthly Low Balance Charge

$5

$15

$15

Min. Balance to Avoid Low Balance Charge

$100

$2500

$100,000

Other Fees

3 withdrawals/month, $3 each thereafter

3 checks/3 transfers, $10 each thereafter

3 checks/3 transfers, $10 each thereafter

Bill Pay

N/A

Available

Available

Overdraft Protection

Not Available

Available

Available

* Note: Interest rates reduced if balance drops below minimums.

Checking

Unity business checking accounts designed to meet a variety of needs. Find the right one for you.

All offer:

  • Requires $100 opening Deposit
  • FREE Online Banking
  • FREE Bank by Phone
  • FREE Debit Card
  • FREE Bill Pay
  • Mobile Banking
  • Estatements & Notices
  • Overdraft Protection is available via several options including linking to a Unity Bank savings account.

Choose the one that’s right for you. Here’s how they differ:

 Product

Opportunity

Small Business

With Interest*

Monthly Account Maintenance Fee

$10.00

0

0

Monthly Activity Service Charge

0

$15.00

$15.00

Min. Daily Balance to Avoid Activity Service Charge

N/A

N/A

$2500

Minimum Balance to Earn Interest

N/A

N/A

$500

- Per Debit

.17 each

40 free then $2.00 each

40 free then .17 each

- Per Credit

.30 each

 

.30 each

- Items Deposit

.18 each

100 Free then .10 each

.08 each

Electronic Bill Pay is available with each account.

* For sole proprietorships and non-profit organizations only.

Click here to Apply for a Business Account

Complete this application and bring to the Unity location convenient to you. No online or fax applications accepted at this time.

Overdraft Protection

Link your Unity checking and savings accounts to prevent overdraft penalties. Ask about other options that are available for overdraft situations.

Keeping Black Banks Alive: Unity Bank Looks To Expand Across The Country

 

A Relationship You Can Bank On

 

Checking and Savings Accounts

Checking

Unity personal checking accounts designed to meet a variety of needs. Find the right one for you.

eStatements Go Green

  • Requires $100 opening Deposit
  • FREE Online Banking
  • FREE Bank by Phone
  • FREE Debit Card
  • FREE Bill Pay
  • Mobile Banking
  • Estatements & Notices
  • Overdraft Protection is available via several options including linking to a Unity Bank savings account.

Which type of checking is right for you? Consult the table below:

Details

Unity Advantage

Golden Unity

Interest

Activity Service Charge

$7.50*

$7

$12

Minimum Balance to Avoid
Activity Service Charge

$1500*

$1000

$1500

Bill Pay

Available

Available

Available

* Avoid an Activity Service Charge by meeting one of the following criteria during the statement period:

  • Have at least one direct deposit of at least $500 1
  • Or, keep a minimum daily balance of $1,500 or more in the checking account 2
  • Or, keep an average balance of $2,500 or more in a combination of deposit accounts with Unity Bank 3

1Two or more direct deposits that add up to $500 or more but do not individually equal or exceed $500, do not qualify.
2The minimum daily balance and average balance are based on your ledger balance at the end of each day.
3Qualifying accounts for average ledger balance of $2,500 or more includes your Unity Bank Advantage checking account; personal savings accounts or money market accounts.

Savings

Watch your money grow as you build for the future. Unity offers several types of interest-bearing personal savings accounts.

Each of our four personal savings accounts offers:

  • FREE Online Banking
  • FREE Bank by Phone
  • Mobile Banking
  • Access to Estatements & Notices

Which is right for you? Consult the table below.

Details

Personal

Minor

Money
Market

Platinum
Money Market

Minimum Opening Deposit

$100

$50

$100

$100,000

Low Balance Charge

$5

None until age 18

$15

$15

Minimum Daily Balance to
Avoid Low Balance Charge

$100

N/A

$2500*

$100,000*

Other Fees 

 3 withdrawal/month, $3 each thereafter

 1 withdrawal/month, $3 each thereafter

  3 checks/ 3 transfers, $10 each thereafter

  3 checks/ 3 transfers, $10 each thereafter

Bill Pay

N/A

N/A

Available

Available

Visa Debit Card

Free**

N/A

Free

Free

Overdraft Protection

N/A

N/A

Available

Available

 * Interest rates reduced if balance falls below minimums.

** ATM Card for Savings only

Click Here to Apply for a Personal Account

Complete this application and bring to the Unity location convenient to you. No online or fax applications accepted at this time.

CDs

Fixed-term deposits that offer higher rates than regular savings accounts.

IRAs

Start saving for tomorrow today. Our staff is ready to help you understand the entire process.

Information On Protecting Yourself From Overdrafts

Overdraft Protection

Link your Unity checking and savings accounts to prevent overdraft penalties. Ask about other options that are available for overdraft situations.

Unity Event Manager

  • Assists you in managing your accounts.
  • Be notified by text, phone or email when your balances fall below an amount determined by you.
  • Obtain account balances
  • Be notified when checks clear or deposits are made

Recent events have Houston's Unity Bank booming with new clients!