#bankblack
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The Color of Money: How Black Banks Build Black Economic Mobility
“We need Black-led financial institutions who have the expertise and who can really help steward the Black dollar toward more economic mobility in the community.” — Sabrina Terry, National Community Reinvestment Coalition text For far too long, Black people in America have not had fair and equitable access to financial services. It’s no surprise that…
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Chicago Deposits $20,000,000 in City’s Only Black-Owned Bank
In a move to strengthen Chicago’s local economy, city Treasurer Kurt Summers deposited … hold on while I convert $20 million using the Negrometric exchange rate (let’s see; you carry the 1 … OK, I think I got it). The city of Chicago “made it rain” on the city’s last remaining black-owned bank when it…
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1 Year After #BankBlack, America’s Biggest Black-Owned Bank Still Doing the Work
Hip-hop has become a cultural powerhouse that fuels everything from fashion to corporate profits. They rap in beer commercials. Politicians come to Jay-Z for endorsements. With all its faults, more than any form of art that ever existed, hip-hop has always openly acknowledged the most powerful force in America: Money. Every conversation about equality, civil…
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Talk #BankBlack With OneUnited Bank President Teri Williams
If you wanted to #BankBlack but had no idea where to start, or what that really even means, now is your chance to get some answers. On Thursday, Jan 12, at 7 p.m. EST, OneUnited Bank, the largest black-owned bank in America, will be going live on Facebook from its Miami branch to answer questions about the…
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Nonprofit BMe Deposits $1,000,000 in Black-Owned Bank, Calls on Others to #BankBlack
In the #BankBlack movement, one organization is putting its money—$1 million—where its mouth is. BMe Community, a national network dedicated to strengthening communities with the help of black men, is redirecting $1 million of its deposits into OneUnited, the nation’s largest black-owned bank, making BMe the “preferred nonprofit” for the bank, while OneUnited has become…