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 Supports Immigrants And Launches Justice Card

Bank addresses national outcry of support for immigrant communities currently under siege

Boston, MA – June 26, 2018 – In celebration of Immigrant Heritage Month, OneUnited Bank, the nation’s largest Black bank, has released a statement in support of the immigrant community currently under intense national scrutiny. Concurrently, the bank releases the Justice Card featuring on its face a young black woman, fist out in solidarity and draped in flags to celebrate cultures that are the mosaic of America. The artwork, created by internationally celebrated muralist Addonis Parker, is a strong addition to the Bank’s Visa Debit Card collection supporting the #BankBlack movement.

Statement from Teri Williams, President & Owner of OneUnited Bank

As the largest Black-owned bank in America, we appreciate the difficult journey of immigrants and recognize their vast economic contributions to our country. Despite what we read in the press, immigrants contribute immensely to America’s success. Many of us are immigrants, children of immigrants or grandchildren of immigrants. We relate to our ancestral countries – such as Jamaica, Haiti, Trinidad or Barbados – while also embracing America. We consider ourselves to be Black, African-American and/or Caribbean-Americans. We strongly agree with Martin Luther King Jr. – “Injustice anywhere is a threat to justice everywhere.”

A recent internal study by the Department of Health and Human Services found immigrants brought in $63 billion more in government revenues than they cost the government. A 2017 paper by Evans and Fitzgerald, “The Economic and Social Outcomes of Refugees in the United States: Evidence from the ACS” found that immigrants pay $21,000 more in taxes than they receive in benefits. Immigrants are also linked to greater invention and innovation in the U.S. According to a recent report by the National Foundation for American Policy, “immigrants have started more than half (44 of 87) of America’s startup companies valued at $1 billion dollars or more.” For many immigrants, business ownership is part of their cultural DNA. Recent studies, including “Achieving the American Dream: Cultural Distance, Cultural Diversity and Economic Performance,” show that immigrants overcome cultural differences and achieve economic success over time, especially in environments that are open to diversity and ready to accept their talents.

OneUnited Bank released this statement in support of immigrants because we know it’s important to have a positive and accurate counter-narrative to the current negative and inaccurate press.

###

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

About OneUnited Bank
OneUnited Bank is the premier bank for urban communities, the largest Black-owned bank, the first Black internet bank and a Community Development Financial Institution (CDFI). Its mission is to provide affordable financial services to support economic development in urban communities and maintain superior financial performance to maximize shareholder value. OneUnited is an FDIC insured bank and an equal housing lender.