Community Advantage Programs

Credit Advantage Loan

This loan is designed to encourage savings, be a financial alternative to high interest loans offered by non-bank providers, and include education for borrowers on how to improve their finances and ultimately their credit score. As such, Credit Advantage1 is available for two purposes: 1) Credit Building and 2) Purchases, Paying Bills and Other Obligations.

Program Specifics:

Purpose: Credit Building

  • Loan up to $500 ($250 must be placed in CD)2
  • Must Attend Financial Education Class Prior to Receiving the Loan
  • No Credit Score Requirement

Purpose: Purchases, Bill Payment or Other Obligations

  • Loan up to $2,000 ($1000 must be placed in CD)2
  • To Be Used for a True Need (Pay a Bill or Collection Item)
  • Proceeds Made Payable to Third Party Business, Not Borrower or Other Individual
  • Financial Education Class to Be Completed by Borrower

Terms:  12, 18 or 24 months
Annual Percentage Rate (APR):  10%
Fees:  None (origination or late or FL doc stamps)

Qualifying participants are eligible to receive half of the loan amount, with the other half being deposited into a CD. The term of the CD should match the term of the loan. A hold will be placed on the CD until the loan is repaid. Part of the program design is that once the loan is repaid the participant has created a savings account.

In order to receive a Credit Advantage loan with United Bank, participants will be required to complete a financial education course through Financial Focus, United Bank's online financial education platform. Financial Focus' direct link is Financial Focus provides an interactive financial education experience which is available 24/7 for participant ease of use. Customers are limited to three Credit Advantage loans. The loans can be concurrent as long as the borrower has completed the required financial education course, paid down the preceding loan to half of the borrowed amount, and still meets the debt-to-income requirement. Participants needing more than three loans will be required to attend additional financial education courses.

1. Loans subject to credit approval. 
2. Individuals who do not have a credit score or have recently been discharged from bankruptcy are only eligible for loan up to $1,000, half of which will be deposited into a CD. 


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Gateway Checking

Your Gateway is here! Gateway Checking offers customers with LOW or NO credit or who have had issues managing their accounts a second chance to qualify for a checking account. With proper maintenance of the account, customers may be able to upgrade to another United Bank account after only six months!

Account Features

  • Online Banking1 included and Online Billpay available for $4.95 per month
  • Dedicated Smartphone App with Mobile Check Deposit
    Search 'UB Mobi' in App Store or Google Play Store
  • Itemized Statements included and E-Statements available
  • Advantage 24 Bankline Service & Account Alerts by Dialing (800) 861-8752
  • Variety of Check Options Available (customer pays for checks and applicable shipping fees)
  • $10 Monthly Maintenance Fee
  • A Fee of $10.00 will be Assessed if the Account is Closed within 180 Days of Opening

Account Guidelines

  • A Debit Card is Not Offered with this Account
  • Each item presented against insufficient funds will be returned and the account will be charged $32.50. If items are presented against an insufficient balance more than twice during a month, the account will be subject to closure. No overdraft privilege is available with this account. This account will not automatically be upgraded after six months. See your account officer for consideration.
1. Fees may apply for some services within Online Banking or Mobile Banking. Cell phone text and data rates may apply. 


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Secured Visa Classic

Your Visa Classic:

The Secured Visa Classic card provides you with instant purchasing power and worldwide acceptance anywhere you see the Visa logo. Its backed by your deposit with United Bank and is an excellent way to build credit. More than 200,000 financial institutions also offer cash advance services for Visa customers.

Features & Benefits:

  • Minimum credit limit is $300 (subject to credit approval)
  • 13.80% Annual Percentage Rate (APR) for purchases and cash advances (the rate of 13.8% is fixed for 12 months from date of issuance. The card maturity is structured to match the maturity of the time deposit securing the account. At the end of 12 months, the card may be re-issued at the then-current rate.)
  • 25 day grace period – avoid paying finance charges if you pay your bill in full within this timeframe
  • Finance charges accrue from the date of cash advance
  • Access your monthly statements online at or at our visa website,
  • No-Cost Travel Accident Insurance ($150K): use our card to purchase travel tickets (air, land or sea) and you're covered in the event of accident or loss.
  • SecurLOCK Fraud Monitoring: real time transaction fraud monitoring that takes into account your spending habits and current fraud trends.
  • Purchase Alerts: receive transaction alerts so that you can quickly identify suspicious purchases. Visit for information or to sign up. 
  • You may be able to find additional benefit information by visiting VISA.


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New Markets Tax Credits

The New Markets Tax Credit program (NMTC) was established to spur investment into operating businesses and real estate projects in low-income communities. NMTCs were not designed to be a primary source of funding, but they can be an excellent option to fill a gap in funding for projects that make economic sense. NMTC net proceeds can fund up to 20% of a project and are paired with owner equity, borrowed funds, or other grants/public funds. 

Special purpose entities called CDEs apply annually to the US Treasury Department for delegated authority to sell these federal tax credits. The proceeds from that sale are then used to fund investments, typically structured as low interest rate loans, in qualifying businesses or commercial real estate developments. The credit provided to the investor totals 39% of the cost of the investment made in the CDE and is claimed over a 7-year credit allowance period. 

For more information, or to find out if your project qualifies, please contact Alex Jones at (251) 446-6017. 

How to Qualify

To be eligible for NMTCs, a potential project must generally be located in a low-income community. These areas are determined by a variety of census tract data. Click here for a map of areas that are eligible for NMTCs. 

In general, businesses may not include golf courses, tanning salons or massage parlors, package liquor sales, farming (does not include agribusiness), or residential rental income that exceeds 80% of annual gross revenue. 

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Email Link Disclaimer

Notice: Because there is a risk that information transmitted via Internet email could fall into the wrong hands, United Bank suggests that confidential information, such as account numbers or social security numbers, not be transmitted via email. If this information must be stated, please contact United Bank by phone or at your nearest office. Thank you. If you "Continue", the link will open a new email message in your default email program.

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External Link Disclaimer

United Bank has no control over information at any site hyperlinked to or from this Site. United Bank makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and is providing this hyperlink to you only as a convenience. The inclusion of any hyperlink does not imply any endorsement, investigation, verification or monitoring by United Bank of any information in any hyperlinked site. In no event shall United Bank be responsible for your use of a hyperlinked site. If you "Continue", the link will attempt to open a new window. If it is unable to, the link will open in the current window.

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Deluxe Corporation Link Disclaimer

As of July 1, 2015, United Bank is partnering with Deluxe Corporation for Personal & Business check orders. If this is the first time you have ordered checks since then, you need to contact your local branch or call 800.423.7026 to place your order. If you have ordered checks since July 1, 2015, please click continue to proceed.

If you choose to continue, you will be taken to Deluxe Corporation's website. The inclusion of this hyperlink does not imply any endorsement, investigation, verification or monitoring by United Bank of any information on this site. United Bank is not responsible for your use of the hyperlinked site.

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