A new majority Black and Latinx-owned and operated digital bank hopes to make supporting Black-owned banks and businesses a little easier for consumers.
I mean yeah in theory I could argue that it would be great to start a sort of credit union co-op that operates as a way for us to use a bank's services (which we're all in need of so long as we live in capitalism) without participating in the exploitative banking industry... but this isn't it.
A shame he didn't structure it as a credit union.
I mean yeah in theory I could argue that it would be great to start a sort of credit union co-op that operates as a way for us to use a bank's services (which we're all in need of so long as we live in capitalism) without participating in the exploitative banking industry... but this isn't it.
My first thought before I read the article was "surely it's a community oriented lending organization" and not just a fucking bank.