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Posts Tagged with "Black bankers"

Thousands make deposits in Black-owned banks as a way to protest recent police shootings

July 17, 2016

Reacting to the most recent wave of shootings of Black men by police officers, thousands of African-American consumers across America are directing their dollars by opening checking and savings accounts in Black-owned banks. A grassroots effort being called a “Spend Movement” found the nation’s Black banks receiving calls and on-line requests to open accounts.

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Filed Under: California and the U.S.
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Black bankers aim to empower communities through ‘People’s Economic Movement’

August 10, 2011

In his last public message the day before he was assassinated, Dr. Martin Luther King Jr. called on Black people in Memphis to support Black banks. “We’ve got to strengthen Black institutions. I call upon you to take your money out of the banks downtown and deposit your money in Tri-State Bank,” he said …

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