Thousands of blacks have opened new accounts at black-owned Citizens Trust Bank

[↓R↑LYB]

i was looking at them, how do you use them? from what i see they just have some mutual funds

do they have accounts with checking services?

They're an investment account, not a checking account. You transfer money into your Ariel account and you invest in one of their funds.

 

[2 Up 2 Down]

Thanks to Tariq nasheed and hc4. Dude saved us. Can't wait till Moorus drops.

Claud Anderson has been preaching it for a lot longer but we weren't listening until now.
I notice a lot of people talk about black economics but never mention Claud

 

[satam55]

Ima see if I can refinance my house through them

gonna head down there whatever day next week i dont have both babies.

this is beautiful beautiful news.

tftt brother. repped.

I ripped this clip from Fox 26 Houston's website & uploaded it to YouTube:

HOUSTON (FOX 26) - The new accounts department has been very busy at Houston's Unity National Bank with hundreds of new customers signing up over the last few days.

The influx of new customers came in part after last week's police shootings involving Alton Sterling and Philando Castile.

On social media there was a movement to send a strong message to America. If we can't get justice we will put the economic pressure on by withdrawing our Black dollars from other financial institutions.

One of those businesses is Unity Bank on Blodgett in Houston. Chartered back in 1985.

John Scroggins is the President and CEO of Unity. He says there have been 300 new customers to open accounts at their two locations in Houston in 72 hours...the only Black-owned bank in Texas.

Scroggins says anger is not the only thing sending new clients his way. He attributes it to an awakening as well.

Customers say Unity is just as competitive as your Bank of Americas and the Wells Fargo while also having the same services.

Scroggins also says just because it's a Black-owned bank doesn't mean their doors are not open to all races.

But for now he's seeing more people like Quincy King. Someone who's hoping to send a message to the country he feels neglected by.

 

[Supreme HD]

No, I want to see a another black wall street or more "Atlanta's and DC's" around the USA and not a black versions of Chinatown. We should not wanna emulate Chinatown... Why do people constantly overrate Chinatown when discussing topics revolving around black economics? In my honest opinion black Atlanta is doing much better than Chinatowns.

Also we should go beyond silly ma and pa shops.

Dc popping for black folks bruh?

 

[Cat piss martini]

 

[Mowgli]

Black Owned Banks | Black Dollars Matter - OneUnited Bank

 

[Sean312]

#fck all these other slave money banks #chase #wellsfargo gotta start somewhere.

 

[Bawon Samedi]

Dc popping for black folks bruh?

DC is tricky for me as I dont live there honestly. I heard gentrification is taking place there and a lot of blacks are leaving. BUT I am hearing that those same blacks are instead just moving to the metro(similar with Atlanta) and that the DC metro has a ton of wealthy blacks.

 

[The_Sheff]

I don't see where they say you can use other ATMs for free. Being on the star network just means your card will work with the atm, not that it's free. I don't live near any of their branches.

 

[ridedolo]

love seeing my people make moves for the better.

 

[Mowgli]

I don't see where they say you can use other ATMs for free. Being on the star network just means your card will work with the atm, not that it's free. I don't live near any of their branches.

Can you make that sacrifice for the greater good

 

[Freedman]

 

[SleezyBigSlim]

Are their any black credit unions?

 

[Texas2step]

@houston911 @Soundwave @TheNig @50CentStan @shopthatwrecks @wickedsm @Steve Piffler @macpat @Texas2step

I live in Dallas now. Where is one in Dallas?

 

[SleezyBigSlim]

Next step is we need to throw support behind our black colleges and universities. We need to help the be prominent and attract our youth.