A Black Bank That Needs No Bailout: OneUnited Bank

OneUnited Bank became the largest Black-owned bank in the country and the first Black-owned internet bank. What makes this bank so unique is that they promote affordable financial programs for their consumers and aim to promote urban development by proving loans for business, churches, and low-income families. Their initial goal was to take the $700 million black spending power and re-channel it into the communities to support community development. Their reputation supercedes their good deeds thus far in terms of their record earnings, and the strength of their assets. OneUnited Bank is a certified Community Development Financial Institution, and they have consecutively recieved the highest accolade from the United States Department of Treasurey for the past 2 years for their community development lending.

How can you help OneUnited make?

Visit their website and check out their different banking options. Although there may not be a branch near you, they do have internet banking solutions as well as mail options to help complete banking transactions. Each deposit, big or small, help to makes it possible for this bank to help build our communities through various loans. They may even be able to help you in the future with your patronage. Look into it, and support something positive!

Your Piece of the $787 BILLION Stimulus Package

Considering that there are just over 6.6 billion people currently inhabiting the WORLD, and Congress just passed the new $787 BILLION stimulus package, I had to ask myself one simple question... where is my piece????

So here is how we will immediately see some of this money trickle down to us common folk directly:

• First-time home buyers will recieve an $8000 tax credit that doesn't have to be repaid like the current $7500 credit currently does.
• $400 to $800 in tax credits ($400 for singles and $800 for married couples)** This is equivalent to a $500 salary increase or $8 a week for the average tax payer! (Woo Hoo for consumer spending!!!)

Check out where the rest of it is going: Stimulus Chart

I have a solution: Give us all a BILLION! (That may not work, but hey... its a suggestion!)

Is this what will stimulate the economy and get us back on track?

Check out some opinions in these related links:
Bill Clinton - 'It's quite a good bill'
GALLUP POLL - Approval Rating




**This is subject to income range as well. Visit article for more details.