OneUnited Bank Partners With #BLACKMONEYMATTERS L.A. To Empower African-Americans to #BANKBLACK in Response To National Outcry


July 23rd from 2pm-5pm over 1,000 people are expected to attend and move their money

LOS ANGELES, CA – July 18, 2016 – OneUnited Bank, the nation’s largest Black-owned bank, first black internet bank, and FDIC insured, announces it partnership with #BlackMoneyMattersLA to empower the Black community in Los Angeles. The message of #BlackMoneyMattersLA is “one of non-violence, non-vitriol, and responsible action, to mobilize as a people and deposit money into Black-owned banks all across the nation, starting with OneUnited Bank”.

There has been a community awakening following recent tragic events, including a desire by many to do something positive. Many leaders involved in the movement have begun to advocate opening a bank account in a Black-owned bank to show solidarity and empower the community by recycling dollars within the Black community. OneUnited Bank has generated $3 million in deposits from across the country in response to this call to action. Celebrities such as Beyonce, Queen Latifah, Solange, Killer Mike, Jessie Williams, Alicia Keys and more have joined the conversation urging Black Americans to move their money to Black-owned banks.

On Saturday July 23rd, 2016 from 2pm-5pm, OneUnited Bank will partner with #BlackMoneyMattersLA, and other community organizations, to host a first-time account opening event at the OneUnited Bank’s Crenshaw branch (3683 Crenshaw Blvd.Los Angeles, CA 90016). With over 1,000 people expected to attend, the event is planned as a positive and exciting opportunity for Los Angeles’ urban community to participate in the nationwide push to #BankBlack. The event will feature food trucks, free giveaways, a personal meet-and-greet with the owners of OneUnited Bank, Teri Williams and Kevin Cohee, and engaging fellowship around the #blackmoneymatters movement. The ask is just $100 deposited into OneUnited Bank to become a part of the #BlackMoneyMatters movement and an economic shift for Black America. The event is OPEN TO THE PUBLIC!

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