Articles on credit, financial wellness, digital banking, financial literacy and social justice.
All over the news and in social media there has been talk about a bank account closure. Some have asked, “How can that happen?” As the nation’s largest Black owned bank, we would like to assure you that closing a bank account is rare. Here’s some information that you should know.
During the second quarter of 2022, a meager $324 million of venture funding was directed towards Black-owned startups, a steep drop from a quarterly highs of $850 million to $1.2 billion during the 5 previous quarters. How do we make sure #BuyBlack is not a moment, but a movement? Here are two solutions.
What do we call a 23% drop in home valuation for Black neighborhoods versus comparable white neighborhoods? This is a glaring case of racial bias! Here are 4 ways to fight back.
Do you qualify for Student Loan Relief? Here we inform you of the requirements, review the process, and explain why this is significant for Black borrowers, particularly those who hold a Pell Grant.
With CashApp, Venmo, Zelle and PayPal, you can send money to friends and family around the clock in real time. In July 2023, the Federal Reserve will introduce FedNow, that will enable a similar service through banks.
Here are some frequently asked questions with top secret answers! Well, not really top secret, but difficult questions to answer in a quick sound bite or in “mixed company”. Here we go!
We’re just here to keep it real… physical cash is D.I.R.T.Y., harboring up to 3,000 types of bacteria! Let’s keep it clean and keep it digital, shall we?
We offer business bank accounts to businesses in our market areas of Boston, Los Angeles and Miami. New business banking customers must open their first account in person in one of our branches but can manage their account online once the account is opened.
We now offer a suite of rewards programs that will have you wondering why everyone doesn’t BankBlack! We offer reward after reward after reward – three times the rewards – for a debit card!
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