News

“Banking on Self-Reliance” continues … with Black bankers and communities pushing forward in their quest for financial freedom after the Freedman’s Savings Bank folded.
According to the Federal Reserve, Black people are two times more likely to be denied credit than their white counterparts—regardless of income level. This discriminatory practice, also known as ...
Celebrate Juneteenth 2023 with BLACK ENTERPRISE with month-long content that explores the history of prosperity and banking, and the future of investing and financial literacy for Black communities.
Black-owned banks and credit unions help lift up their communities. See our list of over 250 of these banks and credit unions across the U.S.
Redemption bank, which will still be headquartered in Salt Lake City, hopes to launch a fully digital platform at the end of ...
Kiara Young filed a lawsuit, alleging that she became a victim of "Banking While Black" while trying to cash a $10,500 check at a PNC Bank branch.
Black investors in Atlanta are pleased to share that they are the first to acquire a bank previously owned by white people, wrapping up Black History Month with a historic acquisition.. Former ...
WHAT NEWSDAY FOUND. A federal study found significant differences in the way white and Black secret shoppers, posing as business owners, were treated at banks when they sought small business loans ...
Experts say Bank of America's homeownership pilot program doesn't go far enough The company says it hopes to help Black and Latino borrowers buy houses and build wealth with its new pilot program ...
These banks connect those who have been denied accounts or loans in the past with banking services. About 11.3% of Black American households are unbanked, compared with 2.1% of white households ...