The Black founders were successful businessmen and community leaders who saw a need and came together to help address it. The black-owned bank’s mission is to “enhance the wealth and well being of the communities that we serve by providing competitive and holistic financial solutions, with particular emphasis on the financial needs of underserved populations and geographies.”
This latest partnership, cemented by the $3 million deposit, is a step in that direction.
“We are always grateful for opportunities to create relationships with other institutions whose values and goals align with ours,” James Sills, president and CEO of M&F, said in the news release. “There is power in a group effort, and our communities directly benefit from partnerships like ours with ChannelAdvisor. We thank ChannelAdvisor for the trust in M&F Bank to be their financial partner.”
Recently OneUnited Bank is started offering a Visa debit card that depicts the Greenwood District of Tulsa, Oklahoma, an area known as “Black Wall Street” that by 1921 was home to a flourishing community Indigenous Black Creek Indians and Freedmen. Historically, Black Wall Street existed all across the country along Main Streets and Greenwood Avenues, where there were luxury hotels, storefronts, restaurants, grocery stores, movie theaters, barbershops and salons, nightclubs and offices for doctors, lawyers and dentists. The Greenwood communities of America also had their own school system, post office, bank, hospital, and bus and taxi service.
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Media Contact:
Tamara Gibbs
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