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OneUnited Bank, The Largest Black-Owned Bank In America, Is Providing Tools And Resources Needed To Survive

When it comes to wealth, Black Americans have always gotten the short end of the stick. In part, a lot of this is due to the lack of financial literacy which comes from a deep history of racism that has held our community back for centuries. “It is the most important issue facing Black Americans. Period,” said Kevin Cohee, Owner, Chairman & Chief Executive Officer of OneUnited Bank. In an interview with AfroTech, he told us the role that the largest Black-owned bank in America plays when it comes to not only teaching the importance of financial literacy but providing the community with the tools and resources needed to survive and thrive in a place where the playing field has been everything except level. “It’s fairly understandable how we got into this situation,” continued Cohee. “We were slaves, then we weren’t but we were given no education, we were given no money, no compensation, and we were denied the opportunity to do things like for example, live in neighborhoods where...

Shanique Yates

Apr 22, 2021