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January 14, 2021
Duke Energy deposits $5 million into Black-owned bank headquartered in South Carolina.
Boosts funding to support Optus Bank’s efforts to address economic inequality and close the racial wealth gap.
GREENVILLE, S.C. – Duke Energy (NYSE: DUK) announced today it has deposited $5 million into Optus Bank, a Black-owned bank based in South Carolina, furthering the company’s support for diverse and minority-owned businesses, individuals and low income communities. The transaction was completed at the end of 2020.
One of approximately 20 banks designated as Black or African American owned in the U.S., Optus Bank will use the money Duke Energy deposited to provide other minority-owned businesses and underserved communities equal access to capital loans and financial services.
Duke Energy deposits $5 million into Black-owned bank headquartered in South Carolina.
Boosts funding to support Optus Bank’s efforts to address economic inequality and close the racial wealth gap.
Thursday, January 14, 2021 - 11:20am
CONTENT: Press Release
GREENVILLE, S.C., January 14, 2021 /3BL Media/ – Duke Energy (NYSE: DUK) announced today it has deposited $5 million into Optus Bank, a Black-owned bank based in South Carolina, furthering the company’s support for diverse and minority-owned businesses, individuals and low income communities. The transaction was completed at the end of 2020.
One of approximately 20 banks designated as Black or African American owned in the U.S., Optus Bank will use the money Duke Energy deposited to provide other minority-owned businesses and underserved communities equal access to capital loans and financial services.
(Photo by Rashad Milligan for Steed Media Service)
Americans have frequently collided at the intersection of sports and politics in recent years, particularly during this tempestuous year of 2020.
The Atlanta Hawks made a move that is sure to have political ramifications in the future. The NBA franchise is going against the political trends of the day as they entered into a historic agreement with Black-0wned banks to help refinance the construction of the Hawks practice facility.
The National Black Bank Foundation and Carver State Bank, a Black-owned bank that has been in existence for 93 years, is the lead arranger as the NBA team is refinancing the Emory Sports Medicine Complex.