Tag Archives: Banking

Consumer Advocates Fighting Against ‘Legal Loan Sharking’

Payday lenders face regulation, congressional scrutiny

Take a walk through any predominantly black or Latino neighborhood and the signs are unavoidable:…

By Renita Burns

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Banking on Our Own

Investing in black-owned financial institutions is investing in ourselves

It’s expensive to be black in America. Recent studies and lawsuits prove we are overcharged…

By Zachary Raynell Rinkins

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Federal Fund Targets Investments in Underserved Communities

Where mainstream financial institutions fail CDFI’s give hope

In 1990, when Willie Murriel received a loan from Sunrise Bank to purchase the building…

By Marcia Wade Talbert

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Black Banks Are Feeling the Pinch

Recession pushes profits to nine-year lows

Profits at the nation’s black owned banks last year plunged to a nine-year low, newly…

By Jeffrey McKinney

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A Good Time to Break Into Banks?

Ariel Investment's Jason Tyler identifies finance stocks that are poised to rebound

Bank stocks, anyone? We can hear you shuddering. The financial services industry has easily…

By James A. Anderson

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Carver Federal Savings Bank Turns 60

Bank to invest TARP capital for growth

While many large commercial banks cling to life or become engulfed by the specter of…

By Renita Burns

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FDIC’s New Campaign Promotes Deposit Insurance Awareness

Initiative includes Spanish calculator, PSAs targeting blacks

Anyone who banks has seen the phrase “FDIC Insured,” but to make sure that they…

By Marcia Wade Talbert

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The Cutting Edge: Money Market Accounts

Gain better rates and more savings

It was two years ago that I learned the compounding greatness of money market accounts.…

By Renita Burns

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Banks, Regulators, Consumer Advocates Address Foreclosure

FDIC Chairwoman Sheila C. Bair addresses the 12th Annual Wall Street Project Economic Summit (Source:…

By Marcia Wade Talbert

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Cutting Edge: It All Adds Up

Avoid banking fees

A $3.00 fee here; a $25.00 charge there. You’ve probably noticed—with growing alarm—how small banking…

By Chris Taylor

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Capital Crunch for Black Businesses

Fed report reveals tightened lending standards for smaller firms

A Federal Reserve report released this week underscores the increasing difficulty that small business owners…

By Tamara E. Holmes

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M&F Bancorp Acquires Mutual Community Savings

Chairman eyes other buyout deals in the southeast

Hot on the heels of the pending acquisition of Mutual Community Savings Bank Inc. (MCSB)…

By Jeffrey McKinney

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