Banks have programs and federal money that they have to use/or get rid by a fiscal year? The gov't helps out the bank more than you and I breh. Operating cost and size have nothing to do with what you and I are saying, nor does convenience.
Black ppl don't need to help banks. Banks get help from the fedz and rich ppl who they loan their money for to do big projects and big investments. Blacks don't help banks
What is a community bank?? Are we just making up words and saying what seems to fit now?? what is a community bank breh? Separate that from a black bank or big bank?
Aint no such thing as a community bank. Is a teacher credit union a community bank?? Is Capital One a community bank? What is a community bank breh?
You are not addressing what you stated about all blacks giving their money to your Central bank idea? how is that going to help out 50 million black ppl in the long haul??
Giving money back to your Central bank when your Central Bank isn't giving the money back out to folks who want to start up businesses or to big multi-million dollar projects is what is happening now breh. You just slap the word Central in front of Bank, that's the only difference of what's happening now.
Black owned banks are typically community banks. The only way many black owned banks survive is by operating in places that bigger banks decide ain't profitable. I'm pretty sure most of these banks stay of the way of the bigger banks by filling a niche. One of those niches would be the fact they are more likely to loan to black people. When banks are rewarded for their size vs smaller banks not sure how you can say size doesn't matter. And operating cost to compete with the bigger banks technologically have been an issue for many smaller banks,not just black banks,so not sure why you say that doesn't matter either. But the central bank idea works because the central bank would have conscience people at the helm who's goal it would be the betterment of the 50 million black people. You can't say that is the goal of the black bank. But the central bank would have been given control over the reperations funds with that responsibility in mind,that is their entire job. Oversight and checks and balances will be needed of course.