The largest Black-owned bank in the country, OneUnited Bank, is hosting its 13th annual financial literacy essay contest. Ten children have the opportunity to win a $1,000 deposit into a savings account. (Courtesy photo)

By OneUnited Bank

In celebration of National Financial Literacy Month, OneUnited Bank, the nation’s largest Black-owned bank, is proud to announce its 13th Annual “I Got Bank!”  National Financial Literacy Contest where 10 children will win a $1,000 savings account.  To make financial literacy a core value of the Black community, the Bank is offering a free “I Got Bank” E-Book. 

Students from across the country between the ages of eight 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. OneUnited Bank will choose ten winners and award each winner a $1,000 savings account at OneUnited Bank by August 31. 

Teri Williams, OneUnited Bank president is author of “I Got Bank! What My Granddad Taught Me About Money.” She wrote the book when she discovered that there weren’t enough books geared toward educating urban youth about finances. 

“Given the current economic climate, it’s important for our community to get good with money,” states Williams. “Our contest and free e-book make it easy for families to teach their children how to build wealth and make financial literacy a core value in the Black community!” 

For more information about the official contest rules, please visit:

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.