Diversity and equality
Diversity and equality
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Billions of government and corporate dollars are pouring into minority banks and community development lenders, complicating the efforts of some investment funds that had similar goals. Still, banks owned and run by African Americans say the equity infusions are small in the context of the nation’s wide racial wealth gap.
January 10 -
Central bankers need to speak up about economic barriers prompted by racism and the need for inclusion and diversity, Federal Reserve Bank of Atlanta President Raphael Bostic said, a response to critics who see the work as a distraction from the Fed’s main goals.
January 10 -
Banks and credit unions need to do more for (and assume less about) customers who are over 50, says Theo Lau, founder of the advisory firm Unconventional Ventures.
January 4 -
Experts discuss the proliferation of chief diversity officers across the industry and what it may mean for future progress in diversity.
December 21 -
The Arkansas bank is working with 10 universities' athletic departments to create programs for women it hopes will one day join its ranks.
December 16 -
Take an inside look at leading issues in financial and social inclusion with an industry expert.
December 15 -
More than 180 community development financial institutions and minority depository institutions will receive the federal funds under a pandemic-era program. “It’s a lifesaver,” a credit union CEO said.
December 14 -
An audit found most of the biggest banks and largest community banks fail to meet basic Americans with Disabilities Act rules for website and app readability. U.S. Bank does more than most to make digital channels accessible.
December 13 -
A few changes to underwriting rules could result in a huge opportunity for both lenders and minority women who own businesses.
December 13 -
Banks in Mastercard's True Name program, which allows transgender and nonbinary customers to get cards bearing their preferred name, often use those customers' legal names elsewhere. Three challenger banks have made adaptations to achieve greater consistency across all communication channels.
December 9