The debt US companies owe Black Americans

In the weeks following George Floyd’s killing, as protests against racism swept the US, it felt as if the whole of corporate America had suddenly decided to advertise its anti-racist soul. Banks, food chains, insurance companies, retailers—they filled up inboxes,

Schnucks Partners With Black-Owned Businesses To Bring Local Products To Shelves

Courtesy of Cathy Jenkins Cathy Jenkins, owner of Cathy’s Kitchen in Ferguson, stands next to her sauces for sale at Schnucks. For Cathy Jenkins, the owner of Cathy’s Kitchen in Ferguson, the impact of COVID-19 has been the toughest thing

19 Gifts for Kids From Black-Owned Businesses

Our growing list of Black-owned businesses covers lots of things for adults, from housewares to clothing to beauty. But if you’re looking to shop Black-owned for the little ones in your life, we’ve got you covered too. Whether you’re looking

Neighborhood Development Center gets grant from PayPal to help Black-owned businesses

It’s been rough lately for many Black entrepreneurs in the Twin Cities, reeling from the one-two punch of Covid-19 and the killing of George Floyd . But there’s some good news: The Neighborhood Development Center (NDC), a community development financial

BofA Backs Black-Owned Banks in $300 Million Equality Drive

(Bloomberg) — Bank of America Corp. invested $50 million in three Black-owned banks as part of its $1 billion pledge over four years to advance racial equality. The second-largest U.S. lender took equity stakes of about 5% in three minority

Biotech company partners with Black bank

The Liberty City branch of OneUnited Bank, the largest Black-owned bank in the U.S. Multinational biotechnology company Biogen Inc. has made a $10 million deposit in OneUnited Bank, the largest Black-owned bank in America. OneUnited was chosen because of its

How BankBlackUSA Is Helping Empower Black-Owned Banks And Credit Unions

In 2016, OneUnited Bank, the nation’s largest Black-owned bank and first Black internet bank, spearheaded the national #BankBlack Challenge. The ongoing campaign seeks to galvanize Black Americans and their allies to move their accounts to Black-owned financial institutions. “The movement’s

How The First Black-Owned Bank With $1 Billion In Assets Can Close The Racial Wealth Gap

The Breakdown You Need To Know: Trying to make a dollar out of fifteen cents has only been getting harder for Black-owned businesses in need of capital injections. CultureBanx reported that most Black-owned businesses are usually sole proprietorships earning less