AFRICAN AMERICAN REPORTS

African American news blog that features news that may get little or no coverage in the mainstream media

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Showing posts with label Black owned banks. Show all posts

Showing posts with label Black owned banks. Show all posts

Thursday, August 27, 2020

Two Black Banks Merge to Form Largest Black Owned Bank

A merger announced Wednesday will create the nation’s largest Black-controlled bank and the first with assets of more than $1 billion. B...

Wednesday, March 11, 2020

Wells Fargo to Invest in African American Owned Banks, Savings & Loans

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo announced that it is seeking to invest up to $50 million in African American Minority Deposit...

Monday, September 18, 2017

City to deposit $20 million in Chicago's last black-owned bank

The last black-owned bank in Chicago is set to receive a $20 million deposit of city funds. City Treasurer Kurt Summers on Monday an...

Monday, August 01, 2016

#BankBlack: List of 23 Black Owned Banks

#BankBlack, a movement to get African Americans to put their money in their own banks and to invest in their own communities is ...

Sunday, February 22, 2015

Country's black-owned banks are in a fight for their survival

Black-run banks are in a fight for survival, even though many advocates argue that many African-Americans remain starved for banking...

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