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Netflix's Deposits $1M in Black Owned Banks

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34 minutes ago, hegemony said:

$1M is nothing??

I researched the ones near me and there aren't any. Closest is LA. As far as cc's are concerned I recall they only offered a secured credit card and the Yelp reviews regarding processing online payments were bad.

 

They certainly need help. Maybe more companies will follow suit like Netflix's.

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One has to admit to a certain irony when the claim of the movement is equality but then that same group wants lending kept 'within the community.' And yes, I DID shake my head in the same manner when the G&L Bank concept was tried a little over 25 years ago, catering specifically to gay and lesbian clients. 

 

 

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