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, July 16, 2016 /PRNewswire/ — OneUnited Bank, the nation’s largest Black-owned bank, first black internet bank, and FDIC insured, announces its 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.