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The Boston Globe

Business

OneUnited head testifies in church bankruptcy case

OneUnited Bank president Teri Williams testified that she was personally involved in trying to work out nearly $5 million in loans with leaders of the Charles Street African Methodist Episcopal Church in the summer of 2010, after the church had defaulted on a construction loan.

“We were engaged quite a bit,” Williams said Thursday on her second day of testimony in the church’s case in US Bankruptcy Court in Boston. She said she as well as loan officers and other members of her staff met with the church’s pastor, the Rev. Gregory G. Groover Sr., and Dennis Lloyd, who was overseeing construction of a community center near the historic Roxbury church.

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