OneUnited Bank Press Releases

Media Contact:
Suzan McDowell
Circle of One Marketing
305-576-3790
suzan@circleofonemarketing.com

Press Release Archive

OneUnited Bank Offers New First Time Home Buyers Program July, 2012 | [ PDF ]
OneUnited Bank Launches New Economy Boost Programs and National Ad Campaign May, 2012 | [ PDF ]
OneUnited Bank Sponsors 2nd Annual I Got Bank! Essay Contest to Promote Financial Literacy for Youth February, 2012 | [ PDF ]
OneUnited Bank Receives $500,000 Bank Enterprise Award and Launches The Economy Boost Program December, 2011 | [ PDF ]
Teri Williams, Author of I Got Bank, President and Chief Operating Officer of OneUnited Bank, Signs Her Book and Gives Away 50 Books at A Nubian Notion Bookstore
November, 2011 | [ PDF ]
Teri Williams, Author of I Got Bank, Signs and Exchanges Her Book at the OneUnited Compton Branch in California September, 2011 | [ PDF ]
Teri Williams, President and Chief Operating Office of OneUnited Bank, Signs Her Book and Gives Away 100 Books at the Grove Hall Branch in Dorchester
September, 2011 | [ PDF ]
OneUnited Bank Announces Financial Literacy Essay Contest Winners August, 2011 | [ PDF ]
OneUnited Bank Receives $285,000 Bank Enterprise Award From The U.S. Department Of Treasury In Recognition Of Its Community Development Lending
June, 2011 | [ PDF ]
OneUnited Bank's Financial Literacy for Youth Reaches Milestones, Partners with Operation Hope, Jump$tart Coalition and ALERTA May 16, 2011 | [ PDF ]
Chairman & CEO Kevin Cohee Announces New Directors for OneUnited Bank April 28, 2011 | [ PDF ]
OneUnited Bank President Teri Williams to Appear on WCVB-TV's CityLine Sunday, February 20 at Noon February 18, 2011 | [ PDF ]
OneUnited Bank Announces New Home Loans Programs For Urban Communities February 8, 2010 | [ PDF ]
OneUnited Bank Launches OneCommunity Employee Volunteer Program with the Goal of 1,000 Volunteer Hours April 14, 2009 | [ PDF ]
OneUnited Bank Unity Gold E-Savings Account Endorsed By BlackElectorate.com Black Bank Initiative July 23, 2008 | [ PDF ]
OneUnited Bank Launches Summer School: Free Financial Literacy Workshops July 9, 2008 | [ PDF ]
OneUnited Bank Cited By Money Magazine For Its High Rate Internet Savings Account January 22, 2008 | [ PDF ]
Cooper Elected Chairman of NBA October 25, 2007 | [ PDF ]
OneUnited Bank Launches New Ad Campaign Highlighting Women August 13, 2007 | [ PDF ]
Black-Owned OneUnited Bank Opens New Location in Heart of Boston's Black Community May 30, 2007 | [ PDF ]
OneUnited Bank CEO Kevin Cohee receives Recycling Black Dollars' 2006 Distinguished President's Award November 16, 2006 | [ PDF ]
Rodrick Kemp Promoted to Business Development Officer at OneUnited Bank November 1, 2006 | [ PDF ]
Sheri Brewer Promoted to Chief Retail Officer/Senior VP at OneUnited Bank September 18, 2006 | [ PDF ]
OneUnited Bank Announces Winners of the "Covenant Celebration and Conversation Weekend" Held in Partnership With the Covenant Tour
August 23, 2006 | [ PDF ]
U.S. Department of Treasury Recognizes OneUnited Bank for Outstanding Lending Practices in Community Development August 10, 2006 | [ PDF ]
OneUnited Bank Appoints Teri Williams President July 11, 2006 | [ PDF ]
OneUnited Bank Announces Sponsors National "Covenant With Black America" Tour As It Hits Philadelphia, The City of Brotherly Love May 8, 2006 | [ PDF ]
OneUnited Bank Announces National Sponsorship of "Covenant With Black America" Tour to with Tavis Smiley April 17, 2006 | [ PDF ]
OneUnited Bank Brings National "Covenant With Black America" Tour to South Florida March 31, 2006 | [ PDF ]
OneUnited Bank, First Black-Owned Internet Bank, Increases Internet Savings Rate to 4.25% APY, Highest In Nation March 16, 2006 | [ PDF ]
OneUnited Strives to Make History On the Web February 26, 2006 | [ PDF ]
OneUnited Bank Becomes First Black-Owned Internet Bank in America February 21, 2006 | [ PDF ]
OneUnited Bank Financed New Commercial Development in Grove Hall, Boston January 23, 2005 | [ PDF ]
OneUnited Bank Announces New Mortgage Program And Advertising Campaign Targeting Urban Communities September 27, 2005 | [ PDF ]
OneUnited Bank Completes Largest Debt Offering By African-American Bank To African-American Developer May 2, 2005 | [ PDF ]

OneUnited Bank Introduces Revolutionary BankBlack X Campaign

Bank Launches Plan to Close the Racial Wealth Gap

Boston, MA – October 10, 2019 – OneUnited Bank, the largest Black-owned bank in America announces BankBlack X, a nationwide plan to close the racial wealth gap. The goal of BankBlack X is to galvanize the community to share the truth about Black people and money and make financial literacy a core value of the Black community.

OneUnited recognizes the future success of Black America will be defined by new leaders, who are smart, socially conscious and use technology to share information. The Bank is identifying and activating these leaders to change the paradigm of Black people and money. The Bank calls these new leaders the X Factor.

Today’s racial wealth gap is the most glaring legacy of slavery, America’s original sin. The purposefully violent economic dispossession that followed still negatively impacts Black America today. According to the New York Times #1619 Project, on average white Americans have seven times the wealth of black Americans who hold just 3 percent of the nation’s total wealth, despite being 13% of the population. The median family wealth for white Americans is $171,000 compared to just $17,600 for Blacks.

Teri Williams, President & COO of OneUnited stated, “We have many weapons to affect change, starting with the truth. The reality is that almost everything we have been taught about Black Americans and money has been wrong. We have been bamboozled and led astray…for 400 years. We need to share the truth to make financial literacy a core value of our community!”

BankBlack X is designed to instill a sense of pride and use technology to share America’s true history that despite facing discrimination for over 400 years, Black Americans have been able to advance equality, for themselves and other communities that face rampant discrimination. BankBlack X offers a free online Financial Education Center, a new BankBlack Card and BankBlack Early Pay, where customers can get paid 2 days early. The Bank is also partnering with Sirius Radio Urban View to hold a town hall meeting on the explosive New York Times #1619Project on November 5, 2019.

Media Inquiries:
Suzan McDowell
Circle of One Marketing
suzan@circleofonemarketing.com
or by phone at 305-576-3790.

OneUnited Bank
OneUnited Bank (www.oneunited.com) is the largest Black-owned bank in America, the first Black internet bank, a Minority Depository Institution and a Community Development Financial Institution (CDFI).

 

###