OneUnited Bank announced that it will be hosting a OneTransaction Conference, from 1-6 p.m. on June 19, 2021.
According to a press release, the free virtual financial conference, which is co-sponsored by Visa and Fidelity Investments® will focus on closing the racial wealth
gap. A lineup on the event page listed sessions that include information about owning a profitable business, fixing the racial wealth gap, saving/investing, homeownership, life insurance, wills, and other topics. Additionally, the press release indicated that presenters include Tiffany Haddish, Daymond John, and other personal finance experts who will participate on Juneteenth.
Over 20,000 have already registered for the online conference which is scheduled
to address six core transactions related to closing the racial wealth gap. According to One United Bank’s website, OneUnited Bank is the first Black-owned digital bank. It is also the largest Black-owned bank in the U.S. The financial institution aspires to ‘empower our community and close the racial wealth gap.’In a Forbes article, Teri Williams, president and COO of OneUnited Bank said that OneTransaction’s Conference message is tied to provide education. Selecting one of the six outlined transactions in 2021 to build wealth is was a critical takeaway in the interview.
Kevin Cohee—the chairman and CEO of the bank—added additional points about the virtual conference.
“We designed this event to provide financial information on building net worth in plain language, so it’s easily understood by everyone in attendance,” Cohee said to Forbes. “We then use digital banking technology to motivate participants to continue the process until they complete their one transaction.”
Forbes further explained that OneUnited Bank has used technology as a tool to support the pursuit of achieving racial and economic justice on behalf of African Americans.
Please visit this link to secure a ticket for the online June 19 event. Space is limited.