OneUnited Bank was founded in 1988 and is based in Los Angeles, CA.
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Message from OneUnited Bank
OneUnited Bank, the nation’s largest Black-owned and FDIC insured bank – is leading the movement to BankBlack and Buy Black, to garner our spending power and channel it back into our community to create jobs, build businesses and increase wealth. Yes…Black Lives Matter. Black Money Matters. Black Owned Banks Our Accomplishments. We are the first Black internet bank and the largest Black owned bank in the country, with offices in Los Angeles, Boston and Miami. We were awarded the highest Bank Enterprise Award by the U.S. Department of Treasury for our community development lending ten times! We are a designated Community Development Financial Institution (CDFI). In the past two years, we have financed over $100 million in loans – most in low to moderate income communities such as South Central, Compton, Liberty City and Roxbury. However, we never participated in subprime lending. We have always maintained strong credit criteria. Our growth has been through acquiring community banks across the country that are equally dedicated to our mission including – Founders National Bank of Los Angeles, Family Savings Bank in Los Angeles, California, Boston Bank of Commerce in Boston, Massachusetts and People’s National Bank of Commerce in Miami, Florida. Black Owned Banks Together we are OneUnited Bank.
Our growth has enabled us to invest in people and technology to offer better services to our customers, including online banking services, personal banking services, business banking and more. We also promote financial literacy by conducting workshops for adults and children. We are proud to be the premier bank for the new America. Join us in celebrating the accomplishment of the communities we serve!