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Kevin Cohee is the Chairman and Chief Executive Officer of OneUnited Bank. Through Mr. Cohee's visionary leadership, OneUnited Bank has exceeded industry averages year after year regarding asset growth and profitability. From 1996 to 2008, OneUnited assets have grown from $56 million to over $650 million; an annual asset growth rate over 40% per year. The Bank has consistently produced a return on assets of 1% and compound growth rates on its common equity of over 35%. The Bank has also received the highest award offered by the United States government for community development for the last five years.

A successful business executive and entrepreneur for almost 20 years, Mr. Cohee founded a consulting firm in 1979 specializing in the acquisition of radio and television stations by minorities. After obtaining his JD/MBA in 1985, Mr. Cohee became an investment banker at Salomon Brothers, Inc. By 1988, through a leveraged buyout, Mr. Cohee acquired Military Professional Services, Inc. (MPS), a 29-year old company that marketed Visa and MasterCard credit cards to military personnel. Mr. Cohee successfully turned MPS into a profitable company with a $40 million portfolio and 20,000 customers. By 1993, Mr. Cohee sold the assets of MPS achieving significant financial benefit from the transaction. Mr. Cohee purchased a majority controlling interest in Boston Bank of Commerce in 1995 - when the Bank was experiencing financial difficulties. Mr. Cohee was elected Chairman and CEO in 1996 and has since spearheaded the Bank's growth and profitability.

Mr. Cohee is a native of Kansas City, Missouri. He holds a Juris Doctor (JD) degree from Harvard Law School. He also holds a Master of Business Administration (MBA) and a Bachelor of Arts degree from the University of Wisconsin; where he was a 4-year letterman in football. He is a member of Alpha Phi Alpha fraternity and has received numerous awards for his business and community achievements and contributions.

Download Kevin Cohee's Bio [ PDF ]

Richard D. Carr, D.D.S., a practicing pedodontist for over 23 years has established one of most successful dental practices in Boston. Carr & Associates provides a wide range of dental services including pedodontics, endodontics, orthodontics and general dentistry. In addition to practicing dentistry, Dr. Carr is a Clinical Professor of Pedodontics at Boston University School of Dental Medicine. Prior to private practice, Dr. Carr practiced at Boston University and the Roxbury Medical and Dental Group. He was also the Coordinator of Pedodontic Services at Roxbury Comprehensive Community Health Center. He has served on the Board of Directors of the Urban League of Massachusetts and currently serves on the Council of Dental Care of the Massachusetts Dental Society. Dr. Carr is a graduate of Lincoln University, University of Missouri, Meharry Medical College and Boston University School of Graduate Dentistry.

Leander J. Foley , a Partner in and the Managing Director of the Washington, DC firm of Moss, McGee, Bradley, & Foley. Mr. Foley represents various client interests on behalf of the firm including: minority banking, housing, community and rural develop, community services, disability issues, small and disadvantaged business, education, migrant labor and civil rights. Prior to joining the firm, Mr. Foley served in a variety of positions in Washington including as an advisor to the Carter White House, chief assistant to a Cabinet level official, and as a professional staff member of two U.S. Senate Committees.

Melvin B. Miller is founder of the Bay State Banner, a weekly newspaper advocating the interests of Greater Boston's African American community. Since 1965, Mr. Miller has served as the Banner's Publisher and Editor. Prior to the establishment of the Banner, Mr. Miller was an Assistant U.S. Attorney for the District of Massachusetts. In 1973 the State Banking Commissioner appointed him as the Conservator of the Unity Bank and Trust Company, Boston's first minority bank. He was a founding partner of Fitch, Miller & Touse law firm from 1981 – 1991 and was General Counsel of WHDH-TV, Channel 7 in Boston from 1982 until 1993. A long-term trustee of Boston University, Mr. Miller is a member of the Executive Committee. He is also a trustee of the Huntington Theatre Company and the Boston Medical Center and Mass, Inc. a public policy think tank. He serves as a director of USSALEP (United States South Africa Leadership Exchange Program. Mr. Miller is a graduate of the Boston Latin School, Harvard College and Columbia Law School.

Deloris Pettis, currently Director at Harvard School of Public Health, has extensive finance and internal audit experience.  Previously, she was Director of Internal Audit at Harvard University and instrumental in transforming the internal audit function into a risk management department.  She also served for four years as group audit manager at Digital Equipment Corp.'s North American, Latin American, and Caribbean operations. At Digital, she served on the Financial Standards Committee, the Compliance Committee, and the Advisory Board for the Financial Development Program. She also helped to develop and implement a risk-based operating model. Before Digital, she served as director of internal audit for the Massachusetts Bay Transit Authority (MBTA). In addition to working at Digital and the MBTA, Pettis-Donaldson worked at BankBoston Corp., the National Association of Securities Dealers, and the accounting firm of Peat Marwick Mitchell. At BankBoston, she held a range of senior finance positions, including manager of regulatory reporting and manager of internal control.  Ms. Pettis has an MBA from Tulane University's Graduate School of Business Administration and a bachelor's degree in political science from the State University of New York, Buffalo. She is a certified public accountant and certified internal auditor.

Walter B. Prince is an equity partner of Prince, Lobel with 26 years of trial and management experience. Mr. Prince is a former Assistant United States attorney, and during his tenure was chief of a major prosecution unit. As General Counsel for the Massachusetts Bay Transportation Authority (MBTA), Mr. Prince was responsible for managing all the litigation brought by and against the Authority. Mr. Prince is former two-term president of the Massachusetts Black Lawyers Association, a member of the American Bar Association and National Bar Association, an adjunct professor of law, and a fellow in the American College of Trial Lawyers. He has represented Harvard University, The MBTA, Stride, Remington, HMI, and RoxComp in employment matters.

J. Alan Rosen is a Certified Public Accountant and the former Partner in Charge of the Entrepreneurial Business Practice of BDO Seidman, LLP, where he led the business and tax consulting services group for start-up and growth-oriented clients. He continued in private industry as the Chief Financial Officer and Chief Operating Officer of a rapidly growing multi-state dental services organization where he successfully implemented a rapid turn around strategy. Most recently Mr. Rosen has been a consultant with Crouch, Nunis & Matthews, LLP where he has been advising the Walt Disney Company in the implementation of its Sarbanes Oxley Section 404 compliance. His public service has included Chairman and Treasurer of the Century City Chamber of Commerce, Treasurer for Beyond Shelter, a nonprofit organization providing affordable housing/social services for the homeless and needy and served on the Board of Directors of the Foundation for the Preservation of Film Music. The Small Business Administration has honored him as “Accountant of the Year”. Mr. Rosen earned his BBA degree from Adelphi University and did his MBA work at NYU Graduate School of Business.

John L. Sims, President of John L. Sims Consulting is a successful and widely recognized leader with extensive worldwide experience in strategic planning and business operations. With over 30 years of corporate management expertise, he has held senior executive positions at WFD, South Africa Free Elections Fund and Digital Equipment Corporation. Mr. Sims is Chair of the Board of Directors for the Freedom House in Boston, Chair of the Finance Committee of the National Urban league and Chair of Board of Trustees for Cambridge College. He also serves on the Board of Directors of ABW Manufacturing Company, American Society for Training and Development, Roxbury Community College foundation and the Bay State Skills Corporation. He was named by Black Enterprise as one of the top 25 Black Executives. He is a recipient of a NAACP Image Award and the National Urban League Achievement Award. Mr. Sims earned a BS degree from Delaware State University.

Teri Williams is President and serves on the Board of Directors of OneUnited Bank. She is responsible for implementation of the Bank's strategic initiatives, as well as the day to day operations of the bank. These operational areas include all retail branches, marketing, compliance, lending, information technology, customer support, legal, and human resources. Under her leadership, OneUnited Bank has consolidated the local names and product offerings of four (4) banks to create a powerful national brand supported by innovative products and services. She believes the financial services industry has not connected with urban communities to fully support economic development and wealth building. OneUnited Bank can serve as a bridge by offering affordable financial services for all and financial workshops. She brings 25 years of financial services expertise from premier institutions such as Bank of America and American Express, where she was one of the youngest Vice Presidents. Ms. Williams holds an M.B.A. with honors from Harvard University and a B.A. with distinctions from Brown University. She has served as Treasurer of Dimock Community Health Center in Roxbury, MA for over 5 years. Ms. Williams has received numerous notations and awards for her contribution to urban communities including from the Urban League, NAACP and the National Black MBA Association.

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Important disclosures regarding the FDIC’s Transaction Account Guarantee Program: OneUnited Bank is participating in the FDIC's Transaction Account Guarantee Program. Under this program, the FDIC temporarily provides a full guarantee for deposits held by FDIC insured institutions in noninterest bearing transaction accounts. This coverage became effective on October 14, 2008 and will expire at 11:59 PM EST on December 31, 2010. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules. OneUnited Bank does not guarantee that its rates for interest bearing checking, money market and IOLTA accounts will not exceed 0.25%, and therefore these accounts are not eligible for TAGP. Please visit the FDIC website for more information on this pro gram (www.fdic.gov)

 

* The interest rate (1.01%) and annual percentage yield (APY) (1.01%) is effective today and has been effective as of July 12th, 2010. $1,000.00 minimum balance to open and $1,000 minimum to earn disclosed APY. All rates are subject to change daily. Interest on CDs is compounded at the end of the term or annually, which ever is shorter. A penalty may be imposed for early withdrawals on all CDs, and fees may reduce earnings on the account. For more information, including how interest is calculated and fees, please review our Online Truth in Savings Disclosures or speak with our Financial Service Representatives. Please call 1-877-One-United or 877-663-8648 for current rate or further detailed information.