CEO SPEAKS: OneUnited's Giant Steps

KEVIN COHEE SEES AN ONLINE FUTURE FOR BLACK AMERICA. HE'S BANKING ON IT

After acquiring black-owned banks in three cities over the past six years, CEO Kevin Cohee, 47, has made OneUnited Bank the first black-owned Internet bank and the largest African-American banking institution in the country, with $570 million in assets. Cohee spoke with TIME's BILL SAPORITO and COCO MASTERS about the next wave in banking, the Covenant with Black America and what it means to carry on a legacy.

How has the Internet transformed OneUnited Bank?

It has turned OneUnited into the future of banking. The MySpace generation's view of technology and willingness to share information are completely different from the people...

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