The Truth about Black Banks and the Racial Wealth Gap
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The Truth about Black Banks and the Racial Wealth Gap

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The Truth about Black Banks and the Racial Wealth Gap


Black-owned banks were going to close the racial wealth gap—so what happened? Harini Bhat dives into the history books to explore the financial struggles faced by Black Americans from segregation to redlining and examines the role Black banks have played in the economic empowerment of the communities they serve.

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American bankingamerican historybankingbanking systembirmingham alabamaBlack Banksblack historyblack wall streetblack-owned banksbuilding black wealthDurham North CarolinaEconomic EmpowermentFinancefinancial disparities between raceshistory of black banksMaggie Walkermass incarcerationPBSpbs originsracial wealth gapracial wealth gap explainedredliningreparationsRichmond VirginiaSegregationstrategies to close the wealth gap
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