Community Development Initiatives

United Bank of Philadelphia is committed to serving communities that have traditionally lacked sufficient access to banking services. It has always been an important part of our mission, and it will always remain one.

We are proud of the fact that we have been consistently rated “outstanding.” in our community reinvestment (CRA) efforts.

United Bank was the first commercial bank in Pennsylvania—and are still the only headquartered in Philadelphia—to be a certified Community Development Financial Institution.

We are also a certified Community Development Entity, a designation which allows our investors in the bank the opportunity to receive federal tax credit for qualified investments. To qualify as a CDE, we had to show that we:

  • Have a mission of serving, or providing investment capital for, low-income communities or low-income persons.
  • Maintain accountability to residents of low-income communities through their representation on a governing or advisory board.
  • Are certified by the CDFI Fund.


All of us at United Bank take our role as a community development institution seriously and work to heighten our presence as a catalyst for wealth creation and economic development in low and moderate income, underserved and emerging markets. We make every attempt to provide innovative financing through partnerships, programs, and loans.

We believe that inner city urban markets are ripe for business opportunities and growth. Our leadership team recognizes and is acquainted with the challenges that go with serving these urban communities. We are positioned to participate in concert with partners sharing similar visions in the transformation of untapped and unexplored economic resources from the potential to the profitable.