Celebrating Financial Literacy with OneUnited Bank’s Annual Contest
April marks National Financial Literacy Month, and in celebration, OneUnited Bank, a leader among Black-owned banks globally, has announced the launch of its 14th Annual “I Got Bank” contest. This initiative aims to instill a solid financial foundation in youth by awarding ten young winners with a $1,000 savings account each. To further encourage financial education, OneUnited offers a free “I Got Bank” E-Guide to help young learners understand the essentials of financial management.
Engaging the Youth in Financial Education
OneUnited Bank invites children aged 8 to 12 from across the United States to participate by either submitting a financial literacy-themed book, a 250-word essay, or an art project. These submissions should demonstrate how the participants can apply financial knowledge in everyday scenarios. The deadline for submissions is June 28, 2024, with the winners announced by August 31, 2024, each receiving a $1,000 savings account to kickstart their financial journey. For entry details and more information, participants are encouraged to visit oneunited.com/book.
Building a Legacy of Financial Wisdom
Teri Williams, President of OneUnited Bank and author of “What My Granddad Taught Me About Money,” emphasizes the importance of financial literacy, especially in light of current economic challenges like inflation. The bank champions the integration of financial education in K-12 curricula nationwide, aiming to equip children with vital knowledge on saving, investing, and wealth building. Last year’s contest highlighted young financial enthusiasts from various states, all showcasing their understanding and application of financial concepts through creative expressions.
For more details on the contest and to access the free educational resources provided by OneUnited Bank, visit oneunited.com/book.