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Taking aim at black income disparity, Alpha Kappa Alpha Sorority, Incorporated (AKA) has announced the launch of For Members Only Federal Credit Union as the first “Black-owned, woman-led, sorority-based, digital...
How Black-owned financial institutions are serving communities with low to no access to financial services and improving the economic prospects of the underbanked With 40% of Black adults considered unbanked...
In this special year-end episode, Sean and Gina return to some illuminating discussions with banking leaders featured on the Believe in Banking podcast in 2022. From an institution evolving for...
The Story: A study compiled by the Federal Reserve and reported by Bank On Women found that even marginally increasing leadership diversity on boards resulted in powerful increases in profitability...
In part two of their conversation, Sean and Gina welcome back Terrie Spiro, co-founder, founding director and chair, and Jennifer Docherty, co-founder, founding director and chief executive officer of Bank...
The Story: According to data released by the White House in their recent Economic Opportunity Coalition briefing, 5.4 million new businesses were started in 2021 – a figure that’s 20%...
Public, private and social sector partnership includes 24 organizations prioritizing historic financial investments in underserved communities Last week, the White House announced the formation of a new Economic Opportunity Coalition...
The Story: Nearly four out of ten small businesses in the U.S. are owned by women. However, data shows that only 25% of women versus 34% of men are likely...
Financial institutions introduce new banking programs designed to back the growth of women-owned small businesses and provide diverse and inclusive staffing to support them In the wake of the “Great...