OneUnited Bank is the largest Black-owned bank in the United States and is a certified Community Development Financial Institution (CDFI). It was founded in 1968 and is headquartered in Boston, Massachusetts, with additional branches in Miami and Los Angeles. The bank focuses on serving urban communities, promoting financial literacy, and empowering Black and minority-owned businesses.
OneUnited Bank offers various financial products, including checking and savings accounts, business banking, mortgages, and credit-building services. It is also a leader in digital banking, allowing customers nationwide to access its services online. The bank is known for its commitment to economic empowerment, advocacy for closing the racial wealth gap, and initiatives like the “Bank Black” movement, which encourages African Americans to support Black-owned financial institutions.
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