The problem states that bananas cost \$2.76 for 4 lb. We are asked to find the unit rate, which is the cost per pound of bananas.
To find the unit rate, divide the total cost by the total weight: \[ \text{Unit rate} = \frac{\$2.76}{4 \, \text{lb}} \]
\[ \text{Unit rate} = \frac{2.76}{4} = 0.69 \, \text{\$/lb} \]
The unit rate is \\(\boxed{0.69 \, \text{\$/lb}}\\).
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