Black-owned banks and credit unions work to close the racial wealth gap

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  • เผยแพร่เมื่อ 19 พ.ย. 2024
  • ABC News’ Morgan Norwood reports on the history and importance of the nation’s minority depositories, with Black-owned banks and credit unions navigating concerns amid recent regional bank failures.
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    #ABCNews #prime #blackownbusiness #wealthgap #creditunion

ความคิดเห็น • 40

  • @ishamiah1619
    @ishamiah1619 ปีที่แล้ว +16

    BUY BLACK! INVEST IN BLACK OWNED BUSINESSES...

    • @m.k.s.7417
      @m.k.s.7417 9 หลายเดือนก่อน +1

      K. Boss, A Please would be rather nice-y,
      J.K.
      -L.O.L.

  • @kjones081
    @kjones081 ปีที่แล้ว +7

    This is very refreshing to see ABC News cover this. They were bold and transparent about the conditions of Black America when it comes to our financial past, present and future. It's just sad to see that this clip only had (at the time of this comment) 4.6k views while ABC news have over 14.7 million subscribers on YT. It's clear that the algorithms on media outlets such as YT, don't want this to have hardly any reach, compared to the other races and subjects that's more favorable in nature.

    • @tahyirasavanna
      @tahyirasavanna ปีที่แล้ว

      Yup - its why Black entrepreneurs are being crushed with spam on Meta X and IG as well... they are trying to limit the freedom of Black wealth in 2023

  • @kaboyodaniel3630
    @kaboyodaniel3630 ปีที่แล้ว +13

    I just got to learn about Black wall street.

  • @gisele422
    @gisele422 ปีที่แล้ว +12

    More stories like this please ❤

  • @spliffy_kohlab8336
    @spliffy_kohlab8336 ปีที่แล้ว +4

    Ok great... But 78 mil
    ...?
    Quarter bil would have been more impactful..

  • @audreydaleski1067
    @audreydaleski1067 ปีที่แล้ว +5

    Love it!

  • @blackmaster999
    @blackmaster999 ปีที่แล้ว +2

    GREAT. WE NEED MORE BLACK-OWNED BANKS AND FINANCING COMPANIES.

  • @bobcourtier4674
    @bobcourtier4674 ปีที่แล้ว +5

    In the early 90s the largest bank in Arizona, Valley Bank, had never made a black home loan.

    • @MsKeepgodfirst
      @MsKeepgodfirst ปีที่แล้ว +2

      Ok many did. What's your point?

    • @katrinab7657
      @katrinab7657 ปีที่แล้ว +1

      ​@@MsKeepgodfirstprobably just a statistic to prove that this is a real issue, not something someone dreamed up

    • @sadikmeah4057
      @sadikmeah4057 ปีที่แล้ว +1

      Can you blame them?

    • @CRP3252
      @CRP3252 6 หลายเดือนก่อน

      ​@@sadikmeah4057it permanently happened over time so yeah, I can blame them

  • @FireWallthefts
    @FireWallthefts ปีที่แล้ว +2

    Why Black Americans don't get along with the country Africa

    • @yusefshakur669
      @yusefshakur669 10 หลายเดือนก่อน

      The African treat us crap and we are not African

  • @m.k.s.7417
    @m.k.s.7417 9 หลายเดือนก่อน +1

    Happy: -"#Black History_Month"; "from:
    1 "Minority -
    comm."; to: another!!!!"!! ;) :)

  • @alonzowhite4826
    @alonzowhite4826 ปีที่แล้ว +1

    Awesome story

  • @SithLordPrince
    @SithLordPrince ปีที่แล้ว +1

    Cap. Not possible. It has never worked. All you have to do read about these same efforts during and after Reconstruction. Lets stop making excuses.

  • @MrMaloty
    @MrMaloty ปีที่แล้ว +2

    💪🏾💪🏾💪🏾💪🏾💪🏾💪🏾💪🏾💪🏾

  • @IkeTurner2.0
    @IkeTurner2.0 ปีที่แล้ว +2

    What if black banks rid themselves of white currencies havig the meaning of versatile currencies eliminating Israel and America from Black politics and now having to recognize them as a country within a country or the means of buying the country as in land explorate or land gain???

  • @charlesfriscia7236
    @charlesfriscia7236 ปีที่แล้ว +5

    Guess you want alot more defaults on your loans...GIVING A LOAN BECAUSE OF COLOR IS INSANITY!!!!!

    • @natashaboles2223
      @natashaboles2223 ปีที่แล้ว

      The fact that you really don't understand that these banks are nit juat lending because of the color of your skin is INSANE! The fact that you don't understand that you can be denied a loan just because the color of your skin is INSANE! The fact that people still don't want to recognize, acknowledge institutional and systematic racism in 2023 and pretend every is unicorn and rainbows utopia is INSANE!

    • @FloTflo-ri4ui
      @FloTflo-ri4ui ปีที่แล้ว +14

      Not giving someone a loan based on skin color is insane! But nice racist default remark, like y’all 🤡 pay your bills!

    • @gisele422
      @gisele422 ปีที่แล้ว

      That statement just proves there is still a need to mitigate racism in the U.S. The fact that you don't recognize how harmful it is to stereotype an entire group of people.

    • @phobedavis7014
      @phobedavis7014 ปีที่แล้ว +6

      You are right. It should not be based on color. It should be based on the ability to pay back the loan. That's what most black people want.

    • @mikemoore1052
      @mikemoore1052 ปีที่แล้ว

      ​@FloTflo-ri4ui they can't refute the facts. Racist have been benefitting from handouts forever!

  • @epica007
    @epica007 ปีที่แล้ว +1

    Black privilege

    • @katrinab7657
      @katrinab7657 ปีที่แล้ว +3

      What??

    • @alfredbaxter1061
      @alfredbaxter1061 9 หลายเดือนก่อน

      what is black privilege

    • @KLuqman01
      @KLuqman01 2 หลายเดือนก่อน

      When Whites, Latinos, and Asians do likewise, hypocrite like you are silent. You are simply the enemy.