OneUnited Bank
Boston, Massachusetts, Suffolk County
$638M in total assets, the 1,513th largest of 4,309 US banks and 66th of 95 headquartered in Massachusetts.
- FDIC certificate
- 23966
- Established
- 1982
- Owned by
- No holding company
- Primary regulator
- FDIC
- Website
- www.oneunited.com
At a glance
Compared with 39 banks headquartered in Massachusetts with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $638M | 64% | $494M | |
| Loans | $409M | 51% | $365M | |
| Deposits | $512M | 62% | $421M | |
| Return on assets | -0.30% | 8% | 0.43% | |
| Net interest margin | 2.18% | 8% | 2.99% | |
| Efficiency ratio | 107.5% | 97% | 81.6% | |
| Equity to assets | 9.29% | 38% | 9.43% | |
| Loans to deposits | 80% | 16% | 91% |
Growth
Total assets grew 0.7% a year over the last 5 years and 0.1% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Dec 2002 | Family Savings Bank, F.S.B. Los Angeles, CA | $204M |
| Apr 2001 | Founders National Bank Los Angeles, CA | $107M |
| Sep 1999 | Peoples National Bank of Commerce, Miami Miami, FL | $37M |
| Jul 1982 | Unity Bank and Trust Company Boston, MA | n/a |
Where they operate
5 branches in 3 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Los Angeles County, CA | $471M | 0.1% | 50 of 91 |
| Miami-dade County, FL | $21M | 0.0% | 55 of 58 |
| Suffolk County, MA | $19M | 0.0% | 29 of 36 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net loss of 3 branches since 2016 (8 to 5, −37.5%). 2 opened, 0 acquired, 5 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 8 | |||
| 2016 | Closed Los Angeles and Pasadena | 0 | 2 | −2 | 6 |
| 2018 | Opened ComptonClosed Compton | 1 | 1 | 0 | 6 |
| 2020 | Closed Compton | 0 | 1 | −1 | 5 |
| 2022 | Opened Compton | 1 | 0 | +1 | 6 |
| 2025 | Closed Boston | 0 | 1 | −1 | 5 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Multifamily | 97% | 7% | |
| 1-4 family residential | 2% | 61% | |
| Commercial real estate | 0% | 21% | |
| Construction and land | 0% | 6% | |
| Business (C&I) | 0% | 4% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Time deposits | 53% | 37% | |
| Other interest-bearing | 34% | 48% | |
| Noninterest-bearing | 13% | 16% |
Brokered deposits are 27.1% of deposits (peers 2.6%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.42% | 0.31% |
| Net charge-offs, annualized | 0.00% | 0.00% |
| Reserves to loans | 0.39% | 0.78% |
| Leverage ratio | 10.43% | 10.11% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Massachusetts
Largest competitors in Los Angeles County, CA
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/oneunited