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Inside Liberty Bank, Alden and his son, Todd—the bank's 43-year-old president and CEO-in-waiting—are surrounded by an impressive collection of Black art ... also credits a white banker ...
The 53-year-old Black woman is a Bank of America ... women – from scaling to the top of Bank of America, where 81% of executive jobs are filled by white men and women, despite accounting ...
The lawsuit filed April 14 in the Northern District of California states the bank approved more white borrowers for a mortgage loan compared to Black applicants in 2020 when the federal CARES Act ...
In the face of racial tensions and unrest, more Black Americans are turning to financial institutions that understand them. While banking Black isn’t new in its entirety, it's becoming the new ...
The number of Black ... bank’s headquarters branch would be located — is part of a growing effort to increase Black Americans’ access to capital. While Blacks have long struggled to obtain credit at ...
OneUnited Bank in Boston has a plan to remain relevant while continuing to press for social justice. The $664 million-asset OneUnited — the nation’s biggest black-owned bank — in the past year has ...
In June, the federal watchdog agency sued BancorpSouth Bank in Mississippi for allegedly discriminating against black homebuyers. In one scenario, it sent black and white employees to the bank to ...
In 2017, about 17% of Black Americans didn’t have a bank account, compared to just 3% of White Americans, according to an FDIC study. There are only 23 minority-owned banks in the US today.
According to Federal Deposit Insurance Corp. records, Holladay is a tiny institution with 10 employees and ended 2022 with $68 million in loans and other assets under management.The bank reported ...
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