- Jan 11, 2013
- 18,115
- 11,771
- Oct 13, 2001
- 176,351
- 164,820
- Oct 13, 2001
- 176,351
- 164,820
- Oct 13, 2001
- 176,351
- 164,820
- Jan 2, 2010
- 90,175
- 132,301
2 great documentaries on Malcolm X
MalcolmNewton
formerly ironstark
- Feb 2, 2017
- 2,732
- 4,574
- May 23, 2005
- 63,607
- 50,745
All I seen in that vid was a colonizer
Giving a bunch of excuses
On why the people who made the statues
Can’t have their own statues back
- Aug 6, 2012
- 66,334
- 77,045
AME Churches, Black-Owned Banks Team Up to Launch New Partnership for Longterm Black Wealth
The African Methodist Episcopal church, the first independent Black denomination in the U.S., has teamed up with 19 Black-owned banks across the nation to form a partnership aimed at bettering financial vitality among Black Americans.
Bishop Reginald T. Jackson announced the new partnership at the 2018 Council of Bishops and General Board Meeting in Atlanta on June 26, pegging the initiative as an opportunity to “increase Black wealth,” business development and homeownership.
“This initiative will strengthen Black banks across the U.S. and increase their capacity to lend to small businesses, to secure mortgages, to provide personal lines of credit, and to offer other forms of credit to AME churches and our members,” said Jackson, president of the Council of AME Bishops. “This, of course, includes enabling members and their families to become homeowners.”
Jackson explained the partnership was inspired by an initiative formed in Washington, D.C. in 2015, called Black Wealth 2020, which he said “… is providing an economic blueprint for Black America.”
Through the initiative, faith leaders and bank presidents hope to increase deposits and loans with Black-owned banks; up the number of Black businesses from 2.6 million to 4 million; and grow Black homeownership to more than 50 percent nationwide, according to a press release.
Speaking to The Atlanta Voice, General Board Chair Bishop Vashti Murphy McKenzie said he believes the church-bank collaboration is especially important for African-American youth.
“We want to be able to teach fiscal responsibility before [students] get to high school,” she said. “[It’s important] to learn the value of saving, the value of investing.”
Michael Banks, former head of the National Bankers’ Association, said he sees the partnership as imperative in regards to growing Black homeownership.
“We are educating ourselves and not only teaching our people how to get a home but also how to stay there,” Banks told the newspaper. “We worry about gentrification, but we have more power than we realize. (It’s important) to (buy) a home, and hold on to a home, and then encourage all young people to do the same.”
With over 6,000 AME churches across the U.S., faith leaders say the partnership is a real opportunity to boost wealth among Black Americans if everyone takes part.
“We believe that if most of these churches participate, more than $6 million dollars in new business can be generated,” Jackson wrote. “This could also generate in three years more than $1 billion dollars in construction loans.
“The impetus for this partnership is not only what it does for Black banks, but also what it can do for Black Americans and churches.”
http://atlantablackstar.com/2018/07...ch-new-partnership-for-longterm-black-wealth/
The African Methodist Episcopal church, the first independent Black denomination in the U.S., has teamed up with 19 Black-owned banks across the nation to form a partnership aimed at bettering financial vitality among Black Americans.
Bishop Reginald T. Jackson announced the new partnership at the 2018 Council of Bishops and General Board Meeting in Atlanta on June 26, pegging the initiative as an opportunity to “increase Black wealth,” business development and homeownership.
“This initiative will strengthen Black banks across the U.S. and increase their capacity to lend to small businesses, to secure mortgages, to provide personal lines of credit, and to offer other forms of credit to AME churches and our members,” said Jackson, president of the Council of AME Bishops. “This, of course, includes enabling members and their families to become homeowners.”
Jackson explained the partnership was inspired by an initiative formed in Washington, D.C. in 2015, called Black Wealth 2020, which he said “… is providing an economic blueprint for Black America.”
Through the initiative, faith leaders and bank presidents hope to increase deposits and loans with Black-owned banks; up the number of Black businesses from 2.6 million to 4 million; and grow Black homeownership to more than 50 percent nationwide, according to a press release.
Speaking to The Atlanta Voice, General Board Chair Bishop Vashti Murphy McKenzie said he believes the church-bank collaboration is especially important for African-American youth.
“We want to be able to teach fiscal responsibility before [students] get to high school,” she said. “[It’s important] to learn the value of saving, the value of investing.”
Michael Banks, former head of the National Bankers’ Association, said he sees the partnership as imperative in regards to growing Black homeownership.
“We are educating ourselves and not only teaching our people how to get a home but also how to stay there,” Banks told the newspaper. “We worry about gentrification, but we have more power than we realize. (It’s important) to (buy) a home, and hold on to a home, and then encourage all young people to do the same.”
With over 6,000 AME churches across the U.S., faith leaders say the partnership is a real opportunity to boost wealth among Black Americans if everyone takes part.
“We believe that if most of these churches participate, more than $6 million dollars in new business can be generated,” Jackson wrote. “This could also generate in three years more than $1 billion dollars in construction loans.
“The impetus for this partnership is not only what it does for Black banks, but also what it can do for Black Americans and churches.”
http://atlantablackstar.com/2018/07...ch-new-partnership-for-longterm-black-wealth/
- Oct 13, 2001
- 176,351
- 164,820
- Feb 25, 2010
- 24,965
- 23,315
- May 23, 2005
- 63,607
- 50,745
i was looking into getting a business loan
with a black owned bank in la
customer service was rude as hell
what was stated on the website
was conflicting with what the lady on the line was saying
idk man
our people need to step it up
and i called back thinking
maybe i got just a bad person on the line
and i got someone else
who contradicted the website
and the previous person i talked to
im not gonna say the name of the bank
cause i dont wanna do my people like that
but man
dont just expect cause ur black
folks gonna ride with u
yes i will check u out first cause ur black
but dont think im just gonna give my money out
- Feb 25, 2015
- 3,309
- 4,480
- Oct 13, 2001
- 176,351
- 164,820
- Aug 6, 2012
- 66,334
- 77,045
France tryna stay afloat by building deeper relationships in Africa.
- May 23, 2005
- 63,607
- 50,745
they looks like white dude from the hangover
then who does the raccoon voice in gaurdians of the galaxy
- Apr 2, 2007
- 29,601
- 57,394
Great Discussion
- Oct 13, 2001
- 176,351
- 164,820
- Sep 4, 2006
- 49,358
- 30,197
- Jun 1, 2013
- 8,715
- 5,392
- Aug 6, 2012
- 66,334
- 77,045
It is very much about Africa as well. France relies on Africa for their well being
- Jun 1, 2013
- 8,715
- 5,392
Of course. But this sudden urgency is about combatting chinese influence. Africa is the beneficiary but this is a fight on three levels. The first, to protect French economic interests, which as you said are heavily reliant on African raw materials. Secondly, to shore up French and by extension EU political influence in Africa, and thirdly to fight the Chinese growing foothold in Africa. At this rate Africa will be China's client continent instead of individual client states. The West treated them as charity cases for so long instead of people to be empowered and assisted in self development. China didn't take that route and now the West is paying for it.
- Aug 27, 2013
- 5,919
- 6,873
Why are we so stupid? It’s as if they still don’t realize what the hell france has been doing othat Africa for the last couple centuries
- Dec 11, 2007
- 12,064
- 12,431
- Feb 25, 2015
- 3,309
- 4,480
Our priorities are messed up...we too peanut brained worried about stuntin on other poor black folks
- Apr 10, 2017
- 1,401
- 1,856
Must be nice to be able to dip in and out of your blackness as needed.
