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, […]

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 […]

Pages: 1 2