Black-owned banks are booming, and they’re pouring money back into their communities
An estimated $150 million in equity capital has been invested in Black-owned banks since George Floyd was murdered last year, according to the National Bankers Association, a trade group that represents 24 of the country’s minority-owned financial institutions.
Those funds have put the nation’s Black banking community in a stronger position today than it was a year ago, according to the group’s board Chairman Robert E. James II.
“Our banks can now leverage that into $1.5 billion to serve minority communities,” James told CNN Business.
The cultural movement to support Black-owned banks along with other African American businesses received a major boost in the aftermath of Floyd’s murder on May 25, 2020, as many corporate leaders and everyday Americans sought ways to address longstanding socioeconomic disparities between Black and White America.
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Lakeland foodies, rejoice. After more than a year of waiting, the Lakeland Food Truck Rally is finally driving back to town next Thursday, May 13.
The popular monthly rally gathered last in February of 2020 before the March rally was canceled altogether because of COVID-19. And in the early months of the pandemic hopes of the rally continuing were dashed as local governments cracked down on any events that drew large crowds in an effort to reduce the spread of the virus.
Last November, the rally was set for its grand return. But the fun was rained out by Tropical Storm Eta, which didn t hit Polk County particularly hard but still brought out the kind of wet weather even Florida natives would rather avoid.
Who Is Chunk’s Gorgeous Daughter Anna on ‘Bull’?
by 2Paragraphs in Culture | May 3, 2021
On the
Christopher Jackson) asks Bull (
Michael Weatherly) for a big favor. Chuck’s daughter Anna wants Bull to represent a teenager who’s on trial for robbery. The favor becomes more complicated when the defendant refuses to name his accomplice.
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