banking industry – BlackPressUSA

Banks Cash in as Republicans Move to Kill Consumer Protections

NNPA NEWSWIRE — Republicans introduced a Congressional Review Act (CRA) resolution of disapproval on Wednesday, a legislative maneuver that cannot be filibustered and, if passed and...

In 1972, with Dr. Norman Francis on its Board of Directors, Alden McDonald as President & CEO and $2 million in assets, Liberty Bank was founded to more Black New Orleanians and other under-served members of the community achieve their dreams. Today, Liberty has branches in 11 states and has $1 billion in assets.

Black History3 years ago

Framing Our Future: Liberty Bank Celebrates 50 Years

NNPA NEWSWIRE — The elder McDonald, served as president & CEO of Liberty Bank from its founding in 1972, leading and growing the Black-owned bank for...

It’s kind of crazy to remember how anyone moved money among friends before the advent of payment apps. Did I actually carry cash with me?

Atlanta Voice4 years ago

Zelle Fraud Is Rising. And Banks Aren’t Coming to the Rescue

NNPA NEWSWIRE — “Authorized” vs “Unauthorized:” Under a federal rule known as Regulation E, banks are technically only liable to cover fraudulent activity when it involves...

Based in Los Angeles, Broadway Federal Bank is one of the several minority depository institutions that Wells Fargo is investing in.

Black History5 years ago

Wells Fargo Makes Major Investment in Six Black-Owned Banks

NNPA NEWSWIRE — Wells Fargo said it is also supporting each MDI’s development through a banking relationship in the form of a single touchpoint coverage model...

The OCC hopes stakeholders will carefully review the proposed changes and submit comments so that a final rule can be issued in the first half of 2020. (Photo: iStockphoto / NNPA)

Black History6 years ago

Community Reinvestment Act Changes Expected to Benefit Low- and Moderate-Income Communities

NNPA NEWSWIRE — The Community Reinvestment Act was enacted in 1977 as a direct response to redlining, an unethical practice whereby banks and other lending institutions...

Business11 years ago

M&F Bank Names First Non-African American to Board

David Ranii, THE NEWS & OBSERVER DURHAM, N.C. (The News & Observer) — The corporate parent of Mechanics & Farmers Bank has named Christopher...

Op-Ed12 years ago

Blackonomics: Banks are Now Robbing People

By James Clingman NNPA Columnist Remember the old movies where the outlaws robbed banks for a living, or the gangsters did “bank jobs” as they moved...

Op-Ed12 years ago

The Do’s and Don’ts of Charge-Off Debts

By Charlene Crowell NNPA Columnist With 19 of the nation’s banks annually selling $37 billion in charged-off debts, the absence of clear guidelines for banks...

BlackPressUSA

All posts tagged "banking industry"

Banks Cash in as Republicans Move to Kill Consumer Protections

Framing Our Future: Liberty Bank Celebrates 50 Years

Zelle Fraud Is Rising. And Banks Aren’t Coming to the Rescue

Wells Fargo Makes Major Investment in Six Black-Owned Banks

Community Reinvestment Act Changes Expected to Benefit Low- and Moderate-Income Communities

M&F Bank Names First Non-African American to Board

Blackonomics: Banks are Now Robbing People

The Do’s and Don’ts of Charge-Off Debts

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BlackPressUSA

Banks Cash in as Republicans Move to Kill Consumer Protections

Framing Our Future: Liberty Bank Celebrates 50 Years

Zelle Fraud Is Rising. And Banks Aren’t Coming to the Rescue

Wells Fargo Makes Major Investment in Six Black-Owned Banks

Community Reinvestment Act Changes Expected to Benefit Low- and Moderate-Income Communities

M&F Bank Names First Non-African American to Board

Blackonomics: Banks are Now Robbing People

The Do’s and Don’ts of Charge-Off Debts

SEARCH BLACKPRESSUSA

SIGN UP TO RECEIVE NEWS UPDATES IN YOUR INBOX

Subscribe

ADVERTISE ON BLACKPRESSUSA.COM