In celebration of National Financial Literacy Month, OneUnited Bank, the nation’s largest black-owned bank, is proud to announce its 11th Annual “I Got Bank!” National Financial Literacy Contest where ten children will win a $1,000 savings account. To support families who are home schooling their children due to the Coronavirus pandemic, the Bank is offering a free “I Got Bank” E-Book.
Students from across the country between the ages of 8 and 12 are encouraged to read a financial literacy book of their choosing, and either write a 250-word essay or create an art project to show how they would apply what they learned from the book to their daily lives. Submissions must be emailed or postmarked by June 30, 2021. The Bank will choose ten winners and award each winner a $1,000 savings account at OneUnited Bank by August 31, 2021. For more information, please visit: www.oneunited.com/book.
Teri Williams, OneUnited Bank President and author of “I Got Bank! What My Granddad Taught Me About Money”, wrote the book when she found that there weren’t enough books geared toward educating urban youth about finances. “In 2021, we launched the OneTransaction Campaign to encourage everyone to focus on one transaction to close the wealth gap for their family,” states Ms. Williams. “Our contest and free book educate children on savings and investments, a profitable business, credit scores and home ownership. We know that educating youth will inspire the entire family!”
Conveniently located in Liberty City, Miami, the Bank is the headquarters for many community initiatives, including the Thunder and Enlightening black history mural painted by Miami artist Addonis Parker. In 2020, OneUnited Bank partnered with the Joshua’s Heart Foundation to distribute fresh produce and cleaning supplies to over 500 families that were experiencing socio-economic challenges due to the Coronavirus pandemic. The Bank also hosted the “Your Vote Matters” public art exhibition that encouraged Miami residents to vote in the general election.
The 2020 winners are Amina Anyabwele, 9, Miramar, FL, William Cum Jr., 8, Pompano Beach, FL, Morgan Hardwick, 12, Washington, DC, Loren Herrell-Guy, 11, Chicago, IL, Olivia Hur, 12, La Crescenta-Montrose, CA, Mariah Mack, 12, Grovetown, GA, Javonte Patton, 12, Palm Coast, FL, Alizah Perez, 12, Pembroke Pines, FL, Sophia Prakash, 9, Glendora, CA, Aarionna Totty, 9, Holly, MI.
“I Got Bank! What My Granddad Taught Me About Money” is published by The Beckham Publications Group, Inc. (Beckhamhouse). For more information about the official contest rules, please visit: www.oneunited.com/book.
About OneUnited Bank
OneUnited Bank is the premier bank for urban communities, the largest Black-owned bank, the first Black internet bank and a Community Development Financial Institution (CDFI). Its mission is to provide affordable financial services to support economic development in urban communities and maintain superior financial performance to maximize shareholder value. OneUnited is an FDIC insured bank and an equal housing lender.