Custom Search


Black-owned bank earns ‘beacon’ status

In Business posted by TD Staff
OneUnited Bank won the US Treasury’s highest award for five consecutive years because of its community development lending.
Click on image to read full article.

Click on image to read full article.

 

OneUnited, the first black-owned Internet bank, boasts that more than 50 percent of their total loans have been to low- and moderate-income communities.  Their loan volume for 2003, 2004, 2005, and 2006 was $153 million, $160 million, $155 million, and $182 million, respectively.

http://www.oneunited.com/



Related posts:

  1. Black-owned investment bank strikes billion-dollar deal In a landmark deal, the Dormitory Authority of the State...
  2. Highest ranking African American at Wachovia named RBC Bank president In his new position, Reggie Davis will oversee retail banking, commercial markets,...
  3. South Africans are outraged at Canadian decision to grant man refugee status because he is white Canada has said it will ask its Federal Court to...
  4. DOT Partners With Carver Bank in Loan Program Small, disenfranchised businesses gain access to contracts. The United States...
  5. DC 1st in Black Owned Businesses, Georgia 2nd From 2002 to 2007, the number of minority-owned businesses in...

Have an opinion? »

We welcome your comments.

We welcome your comments

 

Positive, inspirational & motivational Black news. Updated several times daily. Add to Google Reader or Homepage Add to My AOL

© 2006-2010 Todays Drum LLC. All Rights Reserved.
Powered by WordPress. Design by MJA Web Design