May 20, 2025

George Floyd

Loans

Black-owned lender turns big bank grants into community loans

About five years ago this week, George Floyd, a Black man in Minneapolis, was murdered by a white police officer. After the murder and the nationwide movement it inspired, several big banks, including JP Morgan Chase, Citibank, Bank of America and Wells Fargo, announced that they’d invest millions of dollars in small, Black-owned banks across

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