OneUnited Bank Earns Spot on Inc.’s Best in Business List
Written by Black Hot Fire Network Team on March 14, 2026
OneUnited Bank has been recognized by Inc. magazine as one of the best in the financial services industry. The recognition is part of Inc.’s 2024 Best in Business list, which honors companies demonstrating exceptional execution and significant achievements.
Recognition by Inc. Magazine
OneUnited Bank, the nation’s largest Black-owned bank, has been named to Inc.’s 2024 Best in Business list in the Financial Services category. The list acknowledges companies that have achieved milestones such as customer expansion, key product launches, increased market share, and industry-defining accomplishments. Companies across various sectors, including technology, business, finance, healthcare, and retail, were recognized for their success and positive impact on the business world. The full list is available on Inc.com and in the winter print edition of Inc. magazine.
OneUnited Bank’s Mission
OneUnited Bank is known for utilizing state-of-the-art technology to create financial products tailored to the needs of low-to-moderate income communities and historically underserved minority populations. The bank emphasizes a technology-driven, personalized experience to help customers make informed financial decisions, leveraging artificial intelligence and data aggregation technology to improve financial literacy and bridge economic gaps. For over 50 years, OneUnited has focused on fostering financial wellness within the communities it serves.
Statements from Leadership
Kevin Cohee, Chairman and CEO of OneUnited Bank, stated the bank is proud of the recognition from Inc. Magazine, highlighting the transformative power of financial empowerment. Mike Hofman, Inc. editor-in-chief, emphasized the magazine’s commitment to recognizing dynamic businesses and their lasting impact.
About the Inc. Best in Business Awards
Inc.’s Best in Business Awards are open to companies of all sizes and types, across various industries and locations. Inc. editors review applications and select honorees who have demonstrated a significant influence on their communities, industries, the environment, or society.
About OneUnited Bank
OneUnited Bank is the nation’s largest Black-owned bank, the first Black internet bank, a Minority Depository Institution, and a Community Development Financial Institution (CDFI). The bank has received the U.S. Department of Treasury’s Bank Enterprise Award for Community Development for twelve years.
About Inc. Magazine
Inc. is a media brand and playbook for entrepreneurs and business leaders. It aims to inform, educate, and elevate the community of risk-takers and innovators shaping the future. The Inc. 5000 list, published annually since 1982, ranks the fastest-growing privately held businesses in the United States.
Media Contact
Suzan McDowell
Circle of One Marketing
(305) 576-3790
[email protected]
