Banking

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March 15, 2023
The failures of Silicon Valley Bank and Signature Bank, which catered mostly to the tech industry, may have you worried…
Companies fail at diversity
March 18, 2022
White applicants fared better at all of the major banks, but only Wells Fargo denied more Black applicants than it…
March 3, 2022
The Department of Treasury plans to establish a Treasury Advisory Committee on Racial Equity within the Federal Register.
A credit card on a keyboard
February 16, 2022
Lawmakers and financial experts across the country have been eyeing opportunities to support Black banks and make them more accessible.
Dr. Lisa DeNell Cook
February 3, 2022
Lisa Cook is the first Black woman to receive a nom to the Fed, but will be among the many…
March 9, 2021
Some large banks have recently decided to invest in Black-owned banks whose leaders say they perform an important role.
Banking Black thegrio.com
October 15, 2020
OneUnited, the largest Black-owned bank in the country, revealed it has reached a customer milestone of 100,000 clients.
Bank of America thegrio.com
May 5, 2019
12,000 brick-and-mortar stores already shut down and 4,000 more on the way, the trend that has ravished the retail economy…
Richmond Heritage Federal Credit Union thegrio.com
February 27, 2019
Community members on Tuesday celebrated the history of the first and last Black federal credit union in Richmond, Virginia.
Teller
February 8, 2019
A simple, everyday transaction between a bank teller and a customer got complicated when the teller apparently didn't believe the…
21 Savage thegrio.com
March 14, 2018
21 Savage is putting more than coins into the piggy banks of some lucky teens. The rap artist appeared on
October 11, 2016
Trish Doolin, a black female architect with Nelson, Inc., says Key Bank refused to deposit her check because they suspected…
August 25, 2016
Donald Trump held a meeting with black and Latino activists at Trump Tower in New York City on Thursday morning as
June 30, 2014
theGRIO SERIES - As we go into the week of Independence Day celebrations, it is important to be aware that…
October 9, 2013
WASHINGTON (AP) — President Barack Obama says that in Janet Yellen he's found a tough and proven leader to take…
November 27, 2012
Besides the recession, other experts say minority banks are failing because they aren’t needed.
May 10, 2012
theGRIO REPORT - City leaders are advocating for so called "responsible ordinances" to evaluate banks investment strategies and encourage banks…
August 4, 2011
OPINION - The indisputable fact is that the bank made tens of millions on its alleged illegal and fraudulent lending…
June 28, 2011
NEW YORK (AP) - A former Citigroup vice president embezzled $19.2 million from the bank in a one-man "inside job"…
June 16, 2011
VIDEO - A Florida man took his frustration of being broke, out on an ATM machine...