Black Banks

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Redemption Bnak, Bernice King and Ashley D. Bell
February 28, 2023
Blacks have reportedly become the first to acquire a white-owned financial institution, which they plan to rename Redemption Bank.
March 21, 2022
The organization said it gave a $5.75 million construction loan for affordable housing in West Lakes, Fla., a historically Black…
March 12, 2022
The league said it is the first major sports league to partner exclusively with Black-owned banks in a major commercial…
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.
Netflix thegrio.com
December 2, 2021
Netflix is committed to addressing systemic racism by pledging $100 million to supporting Black communities in the U.S.
March 7, 2021
Selwyn Seyfu Hinds, former editor of The Source, called out Citibank for discrminating against him after he tried to withdraw…
Brandon Comer, co-founder of The Black Bank Fund
January 27, 2021
Co-founder Brandon Comer says their mission is to increase the wealth-generating potential of Black banking institutions across the US.
September 6, 2020
City First CEO Brian Argrett discusses mergering with Broadway Financial of Los Angeles and why minority-led institutions are important.
February 8, 2017
A week before the start of Black History Month, Seaway Bank, Chicago’s largest black-owned bank, was sold to the State Bank of