The Importance of Black-Owned Banks — Next City
Next City

The Importance of Black-Owned Banks

June 15, 2023 · 34 min

Why listen

Find out why a new Black-owned bank opening in Columbus matters for the next 20 years of American finance.

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The Importance of Black-Owned Banks
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In this episode

  • Why Black-owned banks have been so rare for two decades
  • What makes the Columbus bank a landmark moment in community finance
  • How local banking shapes wealth-building in Black communities
  • What this opening signals for cities across the country

About this episode

The first Black-owned bank to open in the last 20 years is in Columbus, Ohio.
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About Next City

Straw Hut Media

Join Lucas Grindley, executive director at Next City, where we believe journalists have the power to amplify solutions and spread workable ideas. Each week Lucas will sit down with trailblazers to discuss urban issues that get overlooked.

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