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What Is Second Chance Banking?

Second chance checking accounts minimize banking barriers by providing disadvantaged groups a pathway for banking regardless of their history.

United statesNancy eidenConstance albertsLos angelesSophia acevedoFirst step allianceTerms of serviceCalifornia state university fullertonConnecticut department of correctionBank on connecticutBank on greater milwaukeeCities for financial empowerment fundFinancial empowerment fundSocial securityStep alliancePersonal finance

Major League Soccer Launches Partnership with Black-owned Banks

Major League Soccer has joined forces with several Black-owned banks in an effort to help economically disadvantaged neighborhoods.

United statesDon garberAshley bellBernicea kingAlamerica bankMajor league soccerCitizens trust bankUnity national bankKing centerNational black bank foundationCarver state bankMechanics farmers bankLeague soccerDrummer stokleyMint conditionGarden music fest

Hirabayashi appointed to Atlanta Fed council | Jax Daily Record | Jacksonville Daily Record

The Community First Credit Union CEO just wrapped up service on the bank’s Jacksonville branch.

United statesJacksonville universityJohn hirabayashiHarry allenJacksonville university davis college of businessAtlanta community depository institutions advisory councilFederal reserve bankUniversity of colorado at boulderVirginia polytechnic instituteJacksonville public education fundCarver state bankCommunity first credit unionCarver financial corpStudio bankAtlanta fed jacksonville branchJacksonville based community first credit union

Savannah 2022 budget: $19 1M for housing, repairs, homelessness initiatives

Savannah City Council will look to adopt the 2022 budget this week, which includes a record investment for housing and homelessness initiatives.

United statesMartin luther king jrKatie nussbaum savannahCommunity development block grantSavannah affordable housing fundNeighborhood services for the city of savannahSavannah city councilJoseph candler health systemCommunity housing services agencyCarver state bankAndreab williams elementary schoolHousing savannah taskUnited community bankCity of savannah land bank authoritySavannah morningCity council

What Is a Community Development Financial Institution, or CDFI?

A community development financial institution, or CDFI, provides financial opportunities to underserved communities throughout the US.

United statesNew yorkRhode islandCalifornia state university fullertonNorth dakotaLos angelesSophia acevedoDetroit credit unionLouis community credit unionFirst independence bankLoan associationStanford entrepreneurship initiativeUs department of the treasuryGn bankCommunity development financial institutions fundLatino entrepreneurship

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