Beyond the Myths: The True Impact of Immigration

A person holding an American flag behind them, wearing a colorful patterned shirt. Inset image of a OneUnited Bank Visa debit card titled "Justice" featuring artwork of a person raising a fist.

America’s strength lies not in its uniformity, but in the vibrant diversity of its immigrant community, contributing countless stories of courage, resilience, and the pursuit of opportunity that enrich our nation. As the nation’s largest Black-owned bank, OneUnited deeply appreciates the journey of immigrants and recognizes their immense economic and cultural impact on our country.

Immigrants embody the spirit of resilience and determination. Many have overcome significant hurdles, leaving behind familiar landscapes, loved ones, and cultural norms to pursue their dreams in a new land. Despite these challenges, studies demonstrate that immigrants consistently achieve economic success and contribute significantly to the U.S. economy. They exhibit an exceptional entrepreneurial drive, establishing new businesses at twice the rate of native-born Americans, which ultimately leads to more job opportunities.

Furthermore, about 45% of fortune 500 companies were founded by immigrants and/or their children, creating over 10 million jobs worldwide. According to the CATO Institute, research shows that, on average, “immigrants pay more in taxes than they consume in benefits…” These billions in tax contributions directly support the funding of essential public services, including schools, hospitals, emergency response services, highways, and more.

Their unwavering determination to build a better future for themselves and their families not only strengthens our nation but also serves as a powerful inspiration to us all, reminding us of the boundless potential that lies within the human spirit.

An older man smiles while draped in an American flag, with a dark sky in the background.

Yet, despite their undeniable contributions, immigrants often face prejudice and misinformation, which not only undermines their achievements but also fosters division and hinders full integration into society. It’s time to dispel the harmful myths and acknowledge the truth: immigrants are a vital part of our society, contributing far more than they take! They bring diverse perspectives, skills, and a relentless work ethic that strengthens our communities and drives our economy forward.

We stand in solidarity with all marginalized communities, including immigrants who face systemic barriers and unjust treatment. They deserve a welcoming and inclusive environment where their contributions are recognized and celebrated. We believe in empowering everyone to achieve their financial dreams, regardless of their background or upbringing. That’s why we created the Justice Card, a symbol of our commitment to equality and justice.

By choosing the Justice Card as a OneUnited customer, you’re not only accessing a powerful financial tool but also taking a stand for a more inclusive and equitable society. Let’s celebrate the incredible contributions of immigrants and build a future where everyone has equal opportunity to thrive.

Join us in supporting immigrant communities. Get the Justice Card today and #BankWhereYouWantToBe!

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