Breaking News Black Excellence: Black owned banks merge to form institution worth $1B

[BDP™️]

A pair of Black-led banks have merged to form an institution worth more than $1 billion

A pair of Black-led banks on opposite coasts are joining forces to become the largest minority-owned depository institution in the United States, according to FDIC data.

www.cnn.com

This is some GOAT shit right here!

 

[BDP™️]

This is the type of shit I love to see!

This shit make me happy man

 

[Mooney]

Idk why now...the black banks should have never dissolved

 

[Mooney]

Wild though I was just reading something about black banks a week or two ago

 

[Whis Khalifa]

Black excellence!!!!

Great find @BDP™️ I had no clue about this

 

[Pachá12]

This is how we fight systematic racism. About to open an account with a Black owned bank in my city. Keep the momentum!

 

[#1hiphopjunki3]

Nice!

 

[Dwayne]

Oh no. Black people making big money.

That’s a no no to some

 

[Mister]

This is major.

 

[Big Lurko]

Oh no. Black people making big money.

That’s a no no to some

Ok?

 

[Big Lurko]

Im so wit it

 

[Mr BFK]

the real question is why did they decide to merge?

 

[DOS_patos]

I saw this and didn't get to make the thread but it's made and that's more important.

the real question is why did they decide to merge?

I think maybe it's to strengthen their position and help calm investors after that takeover attempt I flipped out about. Thank goodness the ceo was smart enough to create the poison pill.

 

[DOS_patos]

Black excellence!!!!

Great find @BDP™️ I had no clue about this

Aye @BDP™️ I'm trying impress this young lady. This my lane homie. Props but let's not let this happen again. But do ya thing to promote black excellence. Sounds confusing....And I'm not sure what I said...

But props to the bank's.

 

[PhenomTheMac]

Been banking with broadway for a good while and starter purchasing shares earlier this year of their stock. Let's keep it going.

 

[Rubato]

the real question is why did they decide to merge?

 

[BDP™️]

View attachment 347699

Shit in the grand scheme of things that billy is light

sheesh

But fuck it...a tiny step forward is still a step forward

 

[Rubato]

Shit in the grand scheme of things that billy is light

sheesh

But fuck it...a tiny step forward is still a step forward

Yep, gotta start somewhere with like minds

 

[Mr BFK]

View attachment 347699

ok............so what am I supposed to get from this post?

 

[Rubato]

ok............so what am I supposed to get from this post?

Combined they now have $1B in assets.

I gave you context of others in the industry.

Black bankers will have to continue linking up and pooling funds to have a chance.