by Leila Salim | Feb 15, 2023 | Economics, Equity, Local Economies, National, News, The Unbanked
Opinion by Ilana Preuss for Governing.com | February 14, 2023 — Due to racial bias and other disparities, too often they aren’t “bankable” and struggle to obtain loans essential for their success. Some programs are leading the way in achieving more-equitable...
by Leila Salim | Feb 14, 2023 | Economics, Equity, National, News
By Oscar Perry Abello for NextCity | February 14, 2023 Adelphi Bank in Columbus, which raised $20 million in startup capital, marks the country’s first new Black bank since 2003. Jordan Miller never thought it was in the cards for him to help start a new...
by Leila Salim | Jan 23, 2023 | AFLEP in New Mexico, New Mexico
Partnership Delivers More Than Financing — The Life Link in Santa Fe rents and owns multiple buildings where it delivers a multitude of services. When management wanted to create synergy around some of those services by housing them under one roof, the nonprofit...
by Leila Salim | Jan 20, 2023 | Economics, National, News
By Pam Martens and Russ Martens for Wall Street On Parade | January 19, 2023 On Tuesday, Jerome Powell’s Federal Reserve once again thumbed its nose at President Biden’s antitrust directive regarding the creation of more mega banks through merger. This time...
by Leila Salim | Jan 13, 2023 | National, News
By Michael Finnegan for Los Angeles Times | January 12, 2023 City National Bank has agreed to pay $31 million to settle a U.S. Justice Department lawsuit alleging racial bias in its home mortgage lending in Los Angeles County. The government’s complaint,...