With the housing redevelopments in Miami like Liberty Square, Liberty City is gaining economic momentum.
Now the largest Black-owned bank in America, which has a customer branch in the inner city neighborhood, has begun to support local Black entrepreneurs in accessing the financial resources needed to sustain their businesses.
To do that, OneUnited Bank last month partnered with Lendistry, a Black-owned financial technology company. Its OneTransaction program goes beyond commercial lending and offers customers six options in business and personal banking, such as loans to achieve homeownership, savings and investment accounts and insurance, as ways to build wealth. Though based in Boston, Miami is where the bank creates programs to reach the Black community, then they are deployed in other parts of the country.
