Smart Money Series: Common Myths About Banking Black

How much spending power does Black America actually have? Have Black banks failed to modernize? Are Black owned banks FDIC insured?

In the latest installment of our Smart Money financial literacy video series, we along with the African American Film Critics Association ( and BMe Community ( break down the common myths of banking black to let you know what’s true…and what’s false.

Check it out and then head over to our Facebook page ( to let us know if you have any other questions about the #BankBlack Movement!

Together, we can educate our community about money and the importance of the #BankBlack and #BuyBlack Movement. #SmartMoneySeries #OneUnitedBank

OneUnited Bank

Our community’s dream is now a reality! OneUnited Bank is fulfilling the hundred year old civil rights dream by garnering the savings power of our communities and channeling it back into urban communities for economic development. With your support by simply opening an FDIC insured account with great rates, we will continue to accomplish this dream everyday!

  • Nathan
    Very much needed information. Thanks for this
    March 14, 2017 Reply
  • Brandon
    I'm a proud customer of OneUnited Bank. I recently opened opened up checking and saving accounts online and it was a seamless process. I also receive fast and friendly customer service anytime I need to speak to someone about my banking needs. I didn't even realize that the people actually believe the false myths mentioned in this video. However, I am happy to see that OneUnited is taking to time to knock out these myths via this campaign and the routine Facebook Live events. You have a customer for life! Thanks!
    March 14, 2017 Reply
  • Eric Landrum
    Looking for a Bank in Cincinnati Ohio
    March 14, 2017 Reply
  • Kenneth Lee
    I want to use one united as my primary Bank but being that I sometimes need to get large amounts of cash. It makes it hard to only Bank online.
    March 14, 2017 Reply
  • Kenneth Jones
    I'm thankful for Black Bank. Like your Special Bank
    March 14, 2017 Reply
  • Tina
    I would have loved it if you had really focused on the modernization part. Most folks really don't believe that you can have all the modern conveniences of online banking with Black banks.. It convinced me to go with OneUnited. You need to really drive this home. Saying Killer Mike banks black...meh. Not too convincing for Gen Xers.
    March 15, 2017 Reply
  • Jerrod Hinton
    I recently opened a checking account with you. During process of switching my accounts over to you, I found out that oneUnited currently doesn't support digital payments (ApplePay, Andriod pay, or Samsung pay). Is that something you are working on implementing? I want to make oneUnited my primary checking account, but was very disappointed when I found out digital payments are not supported.
    March 15, 2017 Reply
  • Dwight D Mahabir
    Can I open 2 savings accounts?
    March 15, 2017 Reply
  • Camille
    I opened my account over a month ago. I have no account number no access to my money very disappointed
    March 15, 2017 Reply
  • Ramona Muhammad
    i would love to host a Bank Black party in my city where i help people open accounts with you! I felt like you all saw my page and named your new card after is there any brochures that i can send for to give to people to educate them about the bank black movement? my motto is be deliberate! our oppression was deliberate so our rise must be deliberate!
    March 15, 2017 Reply
  • J. Cooper
    I am one of about ten hardworking Black people that have been practicing the Isuzu savings concept successfully for more than ten years. We are now ready to move from a personal savings club to a new level - Financial Investment Club. We have a target investment we are willing to risk our money in, but we need more financial literacy start-up information on the ground floor. Is there a person or persons in the Washington DC Metropolitan area willing to speak to, meet with, and/or work with our group? We are ready to BankBlack! Any recommendations???
    April 9, 2017 Reply
  • A. Harden IV
    I opened an account here, in the wake of the Alton Sterling and Philando Castile killings in 2016. I have my wages directly deposited to this bank, and I'll soon get a secured credit card from here. I try my best to stay in good standing with you guys, because we need our Black-owned and operated financial institutions now more than ever!
    August 26, 2017 Reply
  • Andria
    This video was very nicely done. For it to have even more impact, if you had given a little more information with each true or false answer, it could have informed viewers and given them info to help you dispel the myths with others that they talk to. Maybe you can do Part II...... Just a suggestion.....
    October 22, 2017 Reply

Leave a Comment

If you're ready to #BankBlack with OneUnited Bank, then open an account today!

Open an Account