Netflix Is Investing $100 Million in Black Banks and Communities
Netflix will allocate 2% of its cash holdings, up to $100 million, into Black-owned financial institutions and organizations that support Black communities around the country....
Tag : black banks
Black Banks Land $10 Million In Grants From Morgan Stanley
Grants include $5 million to the Industrial Bank of Washington, D.C. and $5 million to Citizens Trust Bank of Atlanta...
Minority Bank Trade Association Hopes To Gain $10 Billion In New PPP Funding To Lend To Small Businesses
The National Bankers Association is taking steps to help ensure minority banks and small businesses gain access to capital if Congress issues a third round...
OneUnited Bank, America’s Largest Black-Owned Bank, Supports Blackout Day
OneUnited Bank has released a statement supporting Blackout Day, an event in which people of color are encouraged to not spend any money for a...
African American-Owned Banks Are Making Sure Minority Businesses Are Receiving Stimulus Funds
Black-owned banks are making sure that small businesses owned by African Americans receive their share of funds from the Paycheck Protection Program....
Uncertainty Looms as Funding for PPP Business Loans Dwindles
A growing concern has been if some black small businesses and faith-based organizations will be able to even access PPP before the funding runs out....
Unity National Bank Partners With Citi To Help Rejuvenate Its Operations
Unity National Bank, one of the nation's largest black banks, partnered with Citi to build up its consumer banking operations, generate new fee income, and...
Wells Fargo Commits Up to $50 Million Investment To Help Support Black Banks
Wells Fargo is seeking to invest up to $50 million in African American Minority Depository Institutions to help stimulate economic growth in black communities...
Washington, D.C.’s Largest Black Bank Expands Into New York and New Jersey
Industrial Bank, the nation's fourth-largest black-owned bank, acquires City National Bank and expands into Newark and Harlem....
Congress Reviews Solutions to Solve the Black Bank Crisis
The House Financial Services Committee, which oversees the nation's massive financial services industry, is now working to save America's last black banks....