OMWI News

Thursday, March 1, 2012

Black Bank Forecloses on Historic Black Church

"Scandal-plagued Hub bank OneUnited has begun foreclosure proceedings
against Roxbury's historic Charles Street African Methodist Episcopal
Church, one of Boston's oldest and most-respected black churches, the
Herald has learned. Abolitionists including Frederick Douglass and
William Lloyd Garrison led rallies at the congregation's original
Beacon Hill home.

OneUnited, the nation's largest black-owned bank — which got millions
in federal bailout money — is threatening to auction off the church
March 22 to cover a $1.1 million 'balloon' mortgage that recently came
due."

And, according to the Boston Herald, ""Boston Mayor Thomas M. Menino
is offering to help Roxbury's historic Charles Street AME Church avoid
foreclosure — and blasting the bank that's trying to seize the house
of worship."

OneUnited Bank
Customer Support
3683 Crenshaw Blvd.
Los Angeles, CA 90016
Phone: (323) 290-4848
Fax: (323) 389-0548
Web Site: https://www.oneunited.com/

Mayor of Boston
Thomas M. Menino
1 City Hall Square, Suite 500
Boston, MA 02201-2013
mayor@cityofboston.gov
Telephone: 617.635.4500

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