United Community Bank is proud to expand its banking solutions with a safe and affordable account offering carefully designed to better meet the needs of more members of the communities it serves. United now offers United Essential Banking, a low-cost checking account with consumer-friendly features including no overdraft fees, low minimum deposit to open and no minimum balance requirement.
Latest Fintech News:Â Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights
The account is certified as meeting the Bank On National Account Standards from the Cities for Financial Empowerment Fund (CFE Fund). The goal of Bank On is to ensure that everyone has access to safe and affordable financial products and services.
Latest Fintech News: Accenture Agrees to Acquire ARZ in Austria to Expand Banking Platform-as-a-Service Capabilities Across Europe
“United Community Bank is deeply committed to fulfilling our role as a true ‘community’ bank, and that includes providing resources for members of our community who may have previously not had access to traditional banking services,” said Rich Bradshaw, President and Chief Banking Officer. “We believe a basic transaction account is a critical first step in establishing a longer-term banking relationship that can help lead to accessing credit and saving for the future. We have worked thoughtfully to develop a product that allows us to contribute toward a stable and secure financial future for our customers and communities.”
Latest Fintech News:Â Arteria AI Announces Strategic Investment Co-Led by Citi SPRINT and BDC Capital
[To share your insights with us, please write to sghosh@martechseries.com]