OneTransaction Inquiries

Questions
Answers

Question: What is #OneTransaction?

Answer: OneUnited Bank encourages all Black Americans to focus on OneTransaction in 2021 that will close the racial wealth gap. That transaction could be a will, life insurance, home ownership, a profitable business, automatic savings, investments or an improved credit score. We are holding a FREE OneTransaction Virtual Conference on June 19th (Juneteenth) 1:00-6:00 PM ET, in partnership with Visa, and provide Action Steps to help you claim your ONE transaction in 2021!

Question: How can I participate in #OneTransaction?

Answer: Simply visit www.oneunited.com/onetransaction to sign up for our FREE OneTransaction Virtual Conference to be held on June 19, 2021 (Juneteenth) 1:00-6:00 PM ET and claim your ONE transaction for 2021 that will create generational wealth. We will then send you a series of Action Steps that you can take to achieve your one transaction. Register for your free ticket today because space is limited.

Question: Do I have to be a OneUnited Bank customer to participate in OneTransaction?

Answer: No. Anyone can sign up for the FREE OneTransaction Virtual Conference and receive the Action Steps for your one transaction. Register for your free ticket today because space is limited.

Question: Does OneUnited Bank offer all the services for each transaction?

Answer: No. OneUnited Bank does not offer ALL the services needed to achieve your one transaction. OneUnited Bank is not a financial advisor and recommends you discuss your one transaction with your family and a financial advisor. OneUnited Bank does offer an automatic savings plan, a secured credit card to help you rebuild credit and home loans in the Boston, Miami and Los Angeles areas. We also provide Action Steps to guide you on your journey to create generational wealth.


Question: How can one transaction close the wealth gap?

Answer: In 2020, America was forced to recognize the impact of systemic racism, and the resulting racial wealth gap. According to Brookings, the net worth of a Black family is $17,150 compared to $171,000 for a white family. While public policy is critical to addressing the consequences of discrimination, public policy moves slowly. In addition to voting to change public policy, OneUnited Bank encourages you to claim One Transaction in 2021 that will create generational wealth for your family. The reality is the racial wealth gap for each family can be closed by one strategic transaction. That transaction could be a will, life insurance, home ownership, a profitable business, automatic savings, investments or an improved credit score.

Question: Who are the presenters at the OneTransaction Virtual Conference?

Answer: The presenters include Tiffany Aliche, The Bugetnista and award winning financial education teacher, Karen Hunter, host of the Karen Hunter Show on Sirius Urban View, Daymond John, founder, president, and CEO of FUBU and investor on Shark Tank, Sharon Epperson, Senior Personal Finance Correspondent for CNBC, Calvin Martyr, founder of #BlackOutDay2020 and The Blackout Coalition and Michelle Singletary, columnist and personal finance advisor among others. To secure your free ticket, go to www.oneunited.com/onetransaction. There’s limited availability, so act quickly.

Question: How is Visa involved in OneTransaction?

Answer: OneUnited Bank has been a Visa issuer for over 25 years. Visa is committed to supporting social justice and is working in partnership with OneUnited Bank to increase financial literacy. The OneTransaction Virtual Conference is one of our exciting initiatives.

Question: Once I sign up for the OneTransaction Virtual Conference, what next?

Answer: Congratulations on taking the first step to claim your ONE transaction in 2021. You will now receive Action Steps to guide you on your journey. You will also receive updates on the Conference. When we focus, we rise. So, focus on your one transaction in 2021!

Question: What if I want to focus on more than one transaction?

Answer: When you sign up for the OneTransaction Virtual Conference, you will be asked to select one of the following as your highest priority: a will, life insurance, home ownership, a profitable business, automatic savings, investments or an improved credit score. We will then send you Action Steps to achieve that one transaction. If you’re interested in a 2nd transaction, simply scroll to the bottom of the OneTransaction page to find more information.

Question: What is Juneteenth?

Answer: Juneteenth – also known as Freedom Day, Jubilee Day, Liberation Day, and Emancipation Day – is a holiday celebrating the emancipation of those who had been enslaved in the United States. It is celebrated annually on the 19th of June, commemorating the anniversary date of June 19, 1865 when the Union Army announced the end of slavery in Texas.

Question: If the OneTransaction Conference is virtual, why is space limited?

Answer: Virtual conference/streaming platforms can only support a limited audience. While we can accommodate more participants than an in-person conference, our space is still limited.