In our recent episode of From the Source, we sat down with Teri Williams, President & COO of OneUnited Bank - the nation’s largest Black-owned bank - to explore why more individuals and institutions are choosing to bank Black, and what this shift means for wealth-building, financial justice, and community power. Key Takeaways

• The Black community has historically been good with money but has faced systemic barriers and discriminatory practices that have limited access to financial resources.
• Black-owned banks are crucial for promoting home ownership and entrepreneurship.
• Financial literacy is essential for building generational wealth.
• Innovative banking solutions can replace predatory loans and help individuals manage their finances better.
• AI technology is changing the landscape of financial management.
• Community support is vital for building wealth and trust in financial institutions.
• Banks should focus on social impact and community development.
• Every dollar spent in the community contributes to collective wealth.