James Roundtree shares the importance of diversity and financial literacy
James Roundtree, the managing director of BNY Mellon, was present at the Wall Street Project Economic Summit, where he was recognized for his contributions to the industry. Roundtree took time to speak with rolling out about the importance of diversity and financial literacy. What advice would you give someone looking to get into stock trading? […]
BlackRock’s Stephanie Smith details why the Wall Street Project is so critical
NEW YORK – Rev. Jesse Jackson’s Wall Street Project (WSP) has contributed greatly to Blacks’ substantial and incremental advancements in the world of finance and big business. The WSP has not only aided in the process of creating intergenerational wealth but also teaches others how to navigate successfully within this highly profitable, albeit complex, sector. […]
Kevin Mondy discusses Comerica Bank, importance of financial education
Kevin Mondy is the executive director for “Project Still I Rise.” Mondy is committed to championing social change and creating equitable opportunities for youth in communities that lack access to proper resources. His advocacy for youth and community development is genuinely making a positive impact. What led you to the idea of this institution? Our mission […]
Chase regional manager details where startup businesses should look for funding
The Atlanta Hawks hosted a virtual panel on building generational wealth before the team’s win against the Milwaukee Bucks on Martin Luther King Jr. Day. After the panel, Mark Adams, JP Chase & Co. regional director for Georgia and North Florida, gave advice for business startups looking for funding. “The first thing I would say […]
Comerica’s Sheila Harton-Montgomery helping businesses thrive
Sheila Harton-Montgomery is a trusted relationship manager for Comerica Bank with a $50 million portfolio of existing clients. She works every day to build that portfolio and provide clients with financing. She shares her journey in corporate America as a single mother. When you started your career, did you think it would be for a […]
Summer Faussette of Comerica Bank drops gems for creating good financial health
Summer Faussette, African American business development manager of Comerica Bank, is tasked with strengthening Comerica’s internal and external initiatives among the bank’s established African American business resource groups. She shares tools to not only improve and maintain healthy financial relationships but to create long-term changes in the Black community and businesses. As a national African […]
Brandon Q. Jones is exploring community partnerships in finance at Comerica Bank
Texas Southern University graduate, Brandon Q. Jones has spent more than 10 years working his way up the ladder at Comerica Bank. Having landed in the position of vice president of external affairs, it is his job to create innovative ways to enrich the surrounding populations through community engagement, philanthropy and financial education. Walk us […]
Morgan Stanley Global Sports & Entertainment partners with The Zone
The Zone, a mental wellness platform focused on athletes, announced today an agreement with leading global financial services firm, Morgan Stanley. The firm’s Global Sports & Entertainment division will provide its financial tools and resources to integrate within The Zone’s app allowing educational, interactive content and programming across the digital platform. This will enable The […]
Byna Elliott of JPMorgan Chase leads initiative to advance Black communities
Byna Elliott has been the head of Advancing Black Pathways for JPMorgan Chase for a little more than a year. Elliott has over 20 years of experience in community reinvestment and recently spoke with rolling out about the bank’s goals and the importance of reinvestment in Black communities. What made you take this opportunity? Before […]
Kevin Durant is the new face of cryptocurrency company Coinbase
Not only is Kevin Durant the face of the Brooklyn Nets, but he’s now also the face of another big company. Durant’s company Thirty Five Ventures signed a deal with Coinbase, which will make him the face of the company, promoting the project across his business platforms. Durant spread the news on Twitter. Ready for […]
6 simple ways overspenders can save money
Let’s face it, some of us are saving wizards while for others, it comes as a real struggle. If you find yourself questioning where all your money went, then you are one of those people who have a harder time saving than others. This is nothing to feel bad about, you just haven’t yet found […]
Thinking about playing the lottery? 4 reasons to give it a try
The moment anyone thinks about the word “lottery,” you almost instantly imagine what you would do if you won. Whether that be a fantasy about quitting your job because you’re rich now, or traveling the world on a never-ending vacation, the mere idea of winning the lottery is enchanting enough for some people to get […]
Full-service, Black-owned, Detroit-based bank to open Twin Cities branch
Detroit-based First Independence Bank, one of only 18 Black-owned full-service banks in the country, has filed an application to open a branch in the Twin Cities. Five banks in the Twin Cities — Bank of America, Bremer Bank, Huntington Bank, U.S. Bank and Wells Fargo — are each supporting First Independence Bank’s arrival with capital, […]
Where do older millennials go from here?
As I move into the last year of my 30s, I am taking the time to reflect where blacks in my generation are financially. I am specifically reflecting on where those sometimes called “geriatric millennials” are in their path to financial freedom, those that are closer to 40 than they are 30. We are not […]
U.S. Bank and Enterprise Community Partners announce $30M racial equity bond to support housing developers of color
U.S. Bank and Enterprise Community Partners (Enterprise) partnered on the issuance of an innovative bond designed for targeted and measurable racial equity results. The bond was issued by Enterprise Community Loan Fund, Enterprise’s Community Development Financial Institution (CDFI) and the $30 million bond will help to provide loans to Black, Brown, Indigenous and people of […]
Spike Lee teams with cryptocurrency company for national ad campaign
Spike Lee is teaming up with Coin Cloud to educate the masses on the power of cryptocurrency. Coin Cloud, the largest and fastest-growing digital currency machine (DCM) operator globally, will introduce a national ad campaign and a short film directed by prolific Oscar-winning filmmaker Spike Lee. The piece makes a bold but straightforward statement: Old […]
New $8K stimulus check coming?
Apparently, the new child tax credit has a few more perks than usual for your stimulus check — and only applicable for 2021. According to Kiplinger, this year’s version of the tax credit is called the Child and Dependent Care Credit for 2021 — an expanded section under President Biden’s American Rescue Plan Act of […]
A conversation with the founder of Credit Reversal Guru
Credit Reversal Guru offers an innovative way to reverse credit instead of deleting or removing negative items. A credit reversal example involves someone who has a repossession charge due to foreclosure or default on a student loan. Instead of trying to remove it, Credit Reversal Guru works to help reverse it to reflect paid as […]
Gigi Dixon introducing unbanked communities to Wells Fargo
One of the biggest obstacles the Black community is facing today is the lack of financial literacy and monetary opportunities. Historically, Blacks haven’t had relationships with banks or sufficient credit to finance their homes, cars or small businesses, and while a percentage of the African American community has managed to overcome these obstacles, an alarming […]
U.S. Bank-Elavon VP Terra Wallace leads investments in Black businesses
Rolling out sat down with Terra Wallace, vice president of education and engagement for U.S. Bank-Elavon, to discuss her leadership initiative to support Black businesses and communities. The Fortune 500 company announced a $450,000 investment in the Russell Innovation Center for Entrepreneurs. Can you share with us a little bit about the journey and how […]