Union Federal opened in 2001 as a community bank in North Providence, Rhode Island. We had one simple goal—to help our customers make the most of their money. We offered an array of personal banking products that fit customers' needs, whether they wanted to save money or borrow it. Every customer also enjoyed personal attention.
In November 2006, Union Federal was acquired by The First Marblehead Corporation, a leader in solutions for education finance.
Please be assured that Union Federal continues to be a safe and sound institution. However, for business reasons our Board of Directors has determined that closing the branch is the best course of action for our customers and our shareholders. As mentioned on the homepage, arrangements have been made for your deposit account(s) to transition to Bank of Internet USA at the close of business on June 5, 2015. If you take no action, your deposit account will transfer to Bank of Internet USA at the close of business on June 5, 2015. If you have additional questions regarding UFSB, please call us at (800) 992-0278. At the close of business on June 5, 2015, the UFSB online login will be permanently unavailable.
As of June 8, 2015 11AM EST, you may visit and register for online banking at this website: www.bankofinternet.com/ufsb. If you’d like further information on Bank of Internet USA, please call them at 844-773-0647 or visit this website: www.bankofinternet.com/ufsb.