I remember when I decided to go walk down Washington Blvd. leading towards Vineyard in Mid City. It had been so long since I visited where I grew up off of St. Elmo and Vineyard and I wanted to see if anything had changed- ax lot has. Businesses owned by Black people have opened up and welcome you every other door. All I could think was, “a Renaissance is happening”. This was last summer in 2019.
Today, I scrolled on Twitter and learned that two Black led banks: City First and Broadway Financial have merged together to form a $1 billion dollar lender in which they plan to: “...specialize in three areas of financing: multifamily affordable housing, small businesses and nonprofit development, Mr. Argrett said in an interview.”
(Excerpt from New York Times)
As 2020 reaches to conclude, I’ve come to realize that Chase Bank just ain’t it. Bigger corporations seem to rarely consider “the people,” and so to transition, I am aligning myself with those who have the same vision as me financially. In addition, with everyone learning how to trade and informing themselves, Broadway Financial and City First are available to be traded and invested in publicly and this will be my first time investing in stock. You can do the same.
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