Our bank was established in 1958 under the name Çaybank to support tea producers. In 1992, it was renamed Derbank, and at the end of 1997, it became a part of the Bayındır Group and its name was changed to Bayındırbank. On July 9, 2001, our bank was transferred to the Savings Deposit Insurance Fund (TMSF) by the decision of the Banking Regulation and Supervision Agency (BDDK), and its name was changed to United Fund Bank by the decision of TMSF on December 7, 2005.

In accordance with the decision of the Banking Regulation and Supervision Agency (BDDK) dated 09.07.2001, Bayındırbank (United Fund Bank), excluding dividend rights, transferred its partnership rights, management, and supervision to the Savings Deposit Insurance Fund (TMSF), and these rights are currently owned by TMSF.

Birleşik Fon Bank AŞ does not engage in activities such as Corporate/Individual Loan Allocation, Deposit Collection, Investment Banking Services, Management and Custody of Customer Funds, Insurance Services, Retail Banking Services, which are considered as the main business lines of banking, except for exceptions, as per decisions taken. The bank conducts liquidation activities for the assets and liabilities transferred to it.

As a result of the decisions taken by TMSF in 2002, in accordance with the principles of universal succession (complete transfer of debts and receivables), all assets and liabilities of 7 banks (EGS Bank, Etibank, Esbank, İnterbank, İktisat Bank, Kentbank, Toprakbank) were transferred to United Fund Bank. Additionally, partial mergers were made with 11 banks (Demirbank, Sitebank, Sümerbank, Yaşarbank, Yurtbank, BankKapital, Ulusal Bank, Egebank, Tarişbank, Bank Express, Türk Ticaret Bank) and Birleşik Fon Bank.

For loans used in Bayındırbank before being transferred to TMSF and for loans used in EGS Bank, Etibank, Esbank, İnterbank, İktisat Bank, Kentbank, Toprakbank transferred to our bank in accordance with the principles of universal succession (complete transfer of debts and receivables), and for partially transferred loans in Demirbank and Sitebank, it is necessary to fill out the documents on our website and apply to our Central Branch.

For payment requests related to blocked deposits, the account holder must submit a petition along with a photocopy of their ID to the Credits, Deposits, and Risk Research Unit.