Bank of America is offering zero down ... threatened to deepen the alarming divide between White homeownership and that of minorities. Black homeownership stood at just 43.4% at the end of 2020 ...

The percentage of Black and Hispanic households without a bank account is much higher than white households. Boyce said there were at one point more than 100 Black-owned banks across the country.

BlackRock and Bank of America dropped their Diversity, Equity, and Inclusion policies — becoming the latest Wall Street giants to scrap the controversial initiative after the White House ...

Black investors in Atlanta are pleased to share that they are the first to acquire a bank previously owned by white people, wrapping up Black History Month with a historic acquisition. Former ...

To avoid having the organization’s finances managed and scrutinized by white people, Browne decided to open a bank serving Black customers in Richmond, Virginia. After his death in 1897 ...

the national Black homeownership rate was at 45 percent, while the rate of white homeownership reached 75 percent. Rashawn Ray, a senior fellow at the Brookings Institution, said Bank of America ...

Bank of America aims to help ... However, since 2017, the homeownership rate for Black Americans has been nearly 30 percentage points lower than that of white Americans. Although the US ...

Black and Latinx homeowners are finally getting a lift from one of the nation’s largest banks in the newly revived real estate market. Bank of America’s BAC new ‘Community Affordable Loan ...

According to Federal Deposit Insurance Corp. records, Holladay is a tiny institution with 10 employees and ended 2022 with $68 million in loans and other assets under management.The bank reported ...

compared with 1.9% of white households, according to a 2023 survey by the Federal Deposit Insurance Corp. [0] A Black-owned bank is a for-profit banking institution in which the majority of ...

For every $1 of wealth held by a white family, a Black family had just $0.25 in 2022, according to the Federal Reserve Bank of St. Louis. Black families face unique, racist barriers to creating ...