Tuesday, January 19, 2021
OneUnited, the largest Black-owned bank in the country, revealed it has reached a customer milestone of 100,000 clients. By DeMicia Inman, TheGrio As the country’s largest Black-owned bank, OneUnited announced it has reached 100,000 customers across America. A press release cited recent efforts towards social justice activism supported by the bank as...
“This lack of fairness in the financial system is why we created Greenwood,” said the rapper. By NewsOne From leading initiatives designed to empower disenfranchised communities to his Netflix show Trigger Warning, rapper and activist Killer Mike has been a fierce advocate for Black economic empowerment and he is furthering his...
By Phil Mattingly, Lauren Fox and Clare Foran, CNN The House of Representatives on Thursday approved a $2.2 trillion coronavirus stimulus proposal put forward by House Democrats with no bipartisan deal in sight, even as House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin have continued talks in an effort...
Application portal designed to help Indiana renters living outside of Marion County affected by COVID-19 cover monthly rent payments or past due rent The Indiana Housing and Community Development Authority (IHCDA) wants to remind Hoosiers that the state’s Rental Assistance Portal became available beginning Monday, July 13 at 9 a.m....
Smilelove has multiple Hoosier victims  A business based in Sandy, Utah, called Smilelove is causing concern for the Better Business Bureau (BBB). Smilelove, providers of clear plastic aligners to consumers across the country, recently told customers that their aligners not only would not be shipped, but that they would not...
By Derek Major, Black Enterprise Former Los Angeles Lakers guard and team president Earvin “Magic” Johnson announced his life insurance company will provide $100 million for women- and minority-owned small businesses as part of the Paycheck Protection Program (PPP). Johnson, the owner of EquiTrust, the nation’s largest minority-owned insurance company, will...
Crusader Staff Report Angelia Hayes, Gary’s Controller was let go several weeks ago after failing to provide accurate information on the city’s financial condition during the coronavirus pandemic, said Mayor Jerome Prince in a news report. Prince made the announcement reportedly before a live meeting on Zoom and Facebook Live with...
Indiana banks have been working with small businesses to help them access Paycheck Protection Program (PPP) loans backed by the Small Business Administration. Per SBA figures released recently, as of April 16 Indiana banks assisted in completing 35,990 PPP loans totaling $7,491,445,351 in approved dollars. PPP loans allow small...
"The Treasury Department is pointing out opportunities for banks and debt collectors to steal Americans' relief checks out from under them." By Jake Johnson, Common Dreams President Donald Trump's Treasury Department has given U.S. banks a green light to seize a portion or all of the one-time $1,200 coronavirus relief payments...
By Natacha Larnaud, CBS News The first batch of stimulus payments promised to American taxpayers amid the coronavirus pandemic were direct deposited on Saturday, the Internal Revenue Service said. "We know many people are anxious to get their payments; we'll continue issuing them as fast as we can," the agency tweeted...