Thanks to You…We Won the Bank Enterprise Award!

We won the us treasury department bank enterprise award.

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!

Elevate your finances with insights, because we all need answers. Sign up today!

Discover the OneUnited Difference.

Already have an account? Log in

Recent Articles

Silhouetted figure recording vocals in a dimly lit studio.
Social Justice

Musical Matriarchs: Black Women Leading Industry

Join us as we spotlight the unmistakable influence of women who have shaped the music landscape throughout history. Dance, rock & roll, and country all have origins within our community, inspiring legacies of innovation and disruption!

A stack of hardcover books with the top one opened on a wooden table and background.
Financial Literacy

7 Finance Books That Will Shift Your Money Outlook

This year, we’re filling our minds with the words and advice of the BEST that personal finance has to offer. Dive into these practical insights, visual guides, and transformative challenges to shape your path to financial empowerment!

A person stands in the center of a 3d maze with two question marks above their head, indicating confusion or the need to make a decision.
Financial Literacy

We Don’t Know What We Don’t Know

SummaryThrough spotlighting Keke Palmer and Ava Duvernay, we explore the challenges of navigating industries with limited access to information and representation. From Keke’s bold approach

It takes 5-minutes to start elevating your finances

See exactly where you’re spending money, how you’re achieving and how you can improve.