In 2017, about 17% of Black Americans didn’t have a bank account, compared to just 3% of White Americans, according to an FDIC study. There are only 23 minority-owned banks in the US today.

On April 11, 2022, Pugh went to Fifth Third Bank in Livonia, Michigan, to open a savings account and deposit her winnings into a newly created account, according to court documents.

How to delete your Cash App account . 1. Open Cash App on your iOS or Android device. The app icon is green with a white dollar sign. 2. If you have any money in your account, be sure to transfer ...

To open any type of bank account, you'll need to provide basic information about yourself and in some cases an initial deposit. You also may need a few extra documents if you're opening a teen ...

White Americans have an average transaction account balance of $80,000, while Black Americans hold $13,370 and Hispanic Americans have $15,710 in the bank. Bank account balances have hardly ...

Black and Hispanic homeowners face a number of additional obstacles when buying homes compared with white homeowners. According to U.S. Census Bureau data for the second quarter of this year, the ...

According to the Federal Reserve, Black people are two times more likely to be denied credit than their white counterparts—regardless of income level. This discriminatory practice, also known as ...

Thomas, a 44-year-old black man from Detroit, had just settled a discrimination lawsuit with his former employer when he walked into a TCF Bank in Livonia, Mich., on Tuesday, settlement checks in ...

In 2012, Wells Fargo Bank agreed to pay at least $175 million to settle accusations that it discriminated against Black and Hispanic borrowers in violation of fair-lending laws.

The “Black Panther” director, who is Black, walked into a Bank of America branch Jan. 7 and passed the teller a withdrawal slip with a note written on the back asking her to “be discreet ...

Influencer Pay Gap was created by Adesuwa Ajayi, a Black woman who works at the talent agency AGM and manages influencers. Through the account, Ajayi asks influencers to anonymously detail their ...

Silicon Valley Bank earned mostly good reviews from entrepreneurs of color who recalled strained alliances with the financial industry. The collapse has struck some as a potentially lasting setback.