OneUnited Bank to Present Virtual Financial Conference With an All-Star Cast

OneUnited Bank is the largest Black-owned bank in the U.S. It is also the only Black-owned digital bank in the country. The innovative bank invites everyone to join a slate of all-star presenters, including Emmy-Award-winning actress and author Tiffany Haddish, for a free virtual financial conference on June 19, 2021.

The conference is called "OneTransaction," and focuses on closing the racial wealth gap in the U.S. OneUnited Bank chose June 19 in recognition of the day in 1865 when General Order No. 3 was read in Texas, announcing that all enslaved persons in the United States were free.

Now, 156 years later, OneUnited Bank and conference partner Visa challenge virtual conference attendees to "create a plan of action," according to Kevin Cohee, chairman and CEO of OneUnited Bank.

Cohee says Black people across the country may have the financial resources to close the racial wealth gap and create generational wealth, but they're not quite sure how to start....

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OneUnited Bank, Largest Black Owned Bank Announces Professor Mehrsa Baradaran Joins OneTransaction Conference On Juneteenth

LOS ANGELESApril 8, 2021 /PRNewswire/ -- OneUnited Bank, the largest Black owned bank and first and only Black owned digital bank in the country is proud to announce in honor of Financial Literacy Month that Professor Mehrsa Baradaran has joined the All-Star Presenters for the OneTransaction Conference. The free state-of-the-art conference, co-sponsored by Visa, is focused on closing the racial wealth gap and will be held on June 19, 2021 or Juneteenth, a holiday celebrating the emancipation of those who had been enslaved in the United States. Over 15,000 have already registered for the conference.

Professor Mehrsa Baradaran, University of California, Irvine School of Law is author of The Color of Money: Black Banks and the Racial Wealth Gap, which makes clear that housing segregation, racism, Jim Crow, redlining and other public policies created and maintain an inescapable, but hard to detect, economic...

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OneUnited: The Nation’s Largest Black-Owned Bank Is Unapologetically Black And Activist

one united bank Sep 24, 2020

Launched in 1968 as Unity Bank & Trust Company in response to calls for black economic empowerment, OneUnited Bank’s mission remains being Black America’s first choice for banking. Here’s how OneUnited is working to achieve that goal.

Birth of a Black Activist Bank

After the U.S. passed what he considered weak voting and civil rights legislation in 1964 and 1965, Dr. Martin Luther King, Jr. began what he called a “new phase of the civil rights struggle.” In speeches and television interviews between 1965 and 1968, King emphasized the stated commitment to economic equity for African Americans he made in his 1963 “I Have a Dream” speech.

During the same period, King ramped up his refocused movement and, in 1966, Harvard Business School student John T. Hayden conceived the idea for a Black-owned Boston bank. That year, he, the late Donald Sneed and 88 other Boston community leaders formed the Unity Bank Association.

It would lay plans for a...

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Blackout Day 2020 A Huge Success! Powered By The Blackout Coalition, Supported By OneUnited Bank, America's Largest Black Owned Bank

LOS ANGELESJuly 7, 2020 /PRNewswire/ -- The Blackout Coalition, in partnership with OneUnited Bank, is proud to announce the success of #BlackOutDay2020. Black America and its allies successfully demonstrated their understanding of how to use their spending power to create positive change in America. With over two million registering their support on social media, and millions more committed to the process, Black America and its allies are prepared to utilize their economic power to ensure corporations and governmental entities recognize and respect the political, social and economic rights of Black Americans.

Calvin Martyr, one of the founders of The Blackout Coalition, stated, "Black America and its allies can and will use our spending power to demonstrate that today is a new day in America. We believe in justice and equality for all Americans."

#BlackOutDay2020 started out as a big idea on social media and quickly caught fire, going from non-existence to...

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