A coalition of minority-owned banks is organizing a loan fund to finance the rebuilding of black churches razed in the recent rash of arson fires across the South.

Members of the National Bankers Association committed last month to amassing a $5 million fund to make loans for the felled churches, many of them in rural, poor minority communities.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.