OneUnited Bank is one of the very few banks that have yet to cut the yield on their online savings account since the Fed started cutting rates in September. The yield remains one of the highest interest rates available at 5.30% APY.

This online savings account account was originally called the UNITY Internet Savings Account and only required a minimum balance of $10 to open and earn interest. At the end of 2006, they created the UNITY Gold E-Savings Account with the $1,000 minimum.

OneUnited Bank is FDIC insured. The bank has $632 million in assets and $358 million in deposits. Bankrate.com’s review gives the bank 3 out of 5 stars.