We Won | 2016 Bank Enterprise Award | OneUnited Bank

We won!

We are honored to announce that we won the U.S. Treasury Department’s 2016 Bank Enterprise Award (BEA) for our community development lending. This marks the 11th time we have received this award. We want to thank all of you for your support!

This $227,000 award will support our mission to serve urban communities and foster financial literacy. We are honored by the recognition of our community development efforts. Now we are focused on increasing the rate of Black homeownership by expanding our home loan programs and supporting affordable housing in low to moderate income communities with our multifamily loan programs.

Recently, we partnered with the Massachusetts Affordable Housing Alliance (MAHA) in a Facebook Live event, #BuyTheBlock, to promote first time home buyer’s programs and home ownership.

The BEA program is administered by the U.S. Treasury Department’s Community Development Financial Institutions (CDFI) Fund and provides an incentive to FDIC-insured banks to expand the availability of credit, investment capital and financial services in distressed urban and rural communities. These awards complement the community development activities of an elite group of certified CDFI banks and thrifts by recognizing their support of distressed communities. Awards are provided on an annual basis, and eligible institutions must comply with the rigorous requirements of the program and submit an application for consideration. The CDFI Fund recently announced it has awarded over $18.6 million dollars in BEA grants to 102 banks across the country, which increased their loans and investments in distressed communities by $285.5 million.

Thank you again…we’re marching on!

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!

14 Comments
  • Angela Hawkins
    Was this for 2016 or 2017? I would like to still get me a pay card. Nobody has contacted me back yet. Congratulations One United Bank.
    August 29, 2017 Reply
  • Oliver Jackson
    Congratulations to my favorite bank which I have been a client for almost a year. I'm also looking forward as to how I can become a homeowner through you
    August 29, 2017 Reply
  • Reginald knox
    I'm happy to be a part of this moment!
    August 29, 2017 Reply
  • Jean Chaney
    You're awesome
    August 29, 2017 Reply
  • Tyrone A. Ash
    Spirit brought me to the right Bank for my accounts. God bless you all.
    August 29, 2017 Reply
  • Evelyn M. Ashe-Chatlin
    Would like more information
    August 29, 2017 Reply
  • Sharon Jones
    Awesome!!!
    August 29, 2017 Reply
  • Sharon Jones
    Yes we did, this is outstanding
    August 29, 2017 Reply
  • Evelyn M. Ashe-Chatlin
    Proud of you, look forward to working with you in the future.
    August 30, 2017 Reply
  • Zonteon H cotton sr.
    Let's not stop there let's keep pushing the skies the limit
    August 30, 2017 Reply
  • WILMA KIRCHHOFER
    Wonderful!
    August 31, 2017 Reply
  • Vincent Powell
    Excellent n Congrats!!! I've been lurking you guys for awhile, and with a new job, I'm looking fwd to becoming a mentor. Hope you're up for refinancing and/or HELOCs!
    September 15, 2017 Reply
  • Vincent Powell
    Ahhh, member. lol
    September 15, 2017 Reply
  • Tracy Harbin
    Congratulations One United, we can do anything as Black folks when we pool our resources!
    November 5, 2017 Reply

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