The National Bankers Association Names Nicole Elam, Esq. President and CEO
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An Action-Oriented Executive to Lead the Association for Inclusive Financial Services and Regulatory Voice of Minority Banking
Nicole Elam, Esq. Named President and CEO of National Bankers Association WASHINGTON (PRWEB) May 19, 2021 The National Bankers Association (NBA) announced today the appointment of Nicole Elam, Esq. as president and CEO, effective May 17, 2021.
Elam joins the NBA from JPMorgan Chase & Co. where she was vice president and government relations manager developing public policy positions and advocacy strategies in Washington, DC. Previously, she led the government and external affairs strategy as vice president for ITT Educational Services, Inc., worked as a senior director at the government affairs firm Ice Miller Strategies LLC, and an attorney at Akin Gump Strauss Hauer & Feld LLP focusing on congres
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Wells Fargo invests in five additional black-owned banks 3 hours ago
Source: Wells Fargo Wells Fargo & Company (NYSE: WFC) today announced equity investments in five African American Minority Depository Institutions, or MDIs, as part of its March 10, 2020, pledge to invest up to $50 million in Black-owned banks. As part of the equity capital investment, Wells Fargo is also offering access to a dedicated relationship team that can work with each MDI on financial, technological, and product development strategies to help each institution strengthen and grow.
Wells Fargo Invests in Six Black-Owned Banks
By Sentinel News Service
Investment is part of a $50 million pledge to help minority institutions and the bank’s larger commitment to foster an inclusive recovery
“Wells Fargo’s financial commitments are in the form of critical equity capital, which is foundational to the MDIs’ ability to expand lending and deposit-taking capacity in their communities. Courtesy Photo.
Wells Fargo today announced equity investments in six African American Minority Depository Institutions (MDIs) as part of its March 10, 2020, pledge to invest up to $50 million in Black-owned banks. As part of the capital investment, the banks will have access to a dedicated Wells Fargo relationship team that will provide financial, technological, and product development expertise in order to help each institution grow and benefit their local community. In the ongoing pandemic, communities of color have been disproportionately impacted, and this investment