Banks

Companies fail at diversity

Wells Fargo turned down over half of Blacks seeking home refinance loans, report finds

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Lisa Cook faces Republican criticism in confirmation hearing for historic Federal Reserve nomination

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Stocks are soaring, and most Black people are missing out

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Banking Black thegrio.com

Black-owned OneUnited Bank gets boost after protests

OneUnited Bank says its the nation’s biggest Black-owned bank. Since protests roiled the nation after George Floyd and Breonna Taylor […]
/ July 7, 2020
Sauntore Thomas theGrio.com

Detroit man who won a racial discrimination settlement, now suing bank for not cashing the check

Detroit man recently wins a racial discrimination settlement and when he went to the bank, they refused to cash it and called the police on him.
/ January 23, 2020
ATM

The largest Black-owned bank in the U.S. is rolling out new ways to #BankBlack

The largest Black owned bank in America [a Boston-based trust company] exists with a very clear goal in mind: to end the racial wealth gap.
/ December 12, 2019
Paul McCowns says Huntington Bank employees called the police on him for trying to cash his paycheck. thegrio.com

#BankingWhileBlack: Bank calls police on Black man trying to cash his own paycheck

Paul McCowns was ready to get his weekend started on Saturday Dec. 1 and tried to cash his paycheck from his new job, but instead was confronted by police at his bank and handcuffed because bank tellers didn’t believe he made what was on his check.
/ December 19, 2018
Luther Vandross was outed as gay after his death.

FBI looking for Black female bank robber who calls herself ‘Freedom Fighter Bandit’

The FBI is still looking for a female bank robber responsible for hitting nine banks in the Atlanta area in […]
/ January 29, 2018
Luther Vandross was outed as gay after his death.

Obama to cash in $400,000 for investment firm speech

Former President Barack Obama is back in the public life, and he’s already getting criticism for accepting a speaking engagement that will net him $400,000.
/ April 27, 2017
Luther Vandross was outed as gay after his death.

One step in the right direction: Wells Fargo settles historic housing discrimination complaint

OPINION – Wells Fargo’s willingness to resolve this problem is laudable. They recognized a problem and worked with advocates to solve it…
/ June 8, 2013