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.

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 ...

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 ...

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 ...