© 2017 by COWRIE Initiative

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November 2, 2019

WASHINGTON –Since 1934, Industrial Bank has played a pivotal role in the growth and economic development of the Washington, DC metropolitan area through its essential products and services, customer care and community service. Today, the Bank announced it has acquired City National Bank of New Jersey, with two branches in New Jersey and one branch in Harlem, New York.

“We’re excited about welcoming...

August 13, 2017

Many have heard of food deserts, where communities do not have access to fresh, affordable food and grocery stores. In these same communities, often predominantly populated by low-income or minority residents, there are also bank deserts where there is limited access to financial services and banks.

Black-owned banks often serve these communities of higher need when the large banks with ample resou...

June 15, 2017

Juneteenth is recognized as the official day when chattel slavery ended in the rebelling south. Most look to the Emancipation Proclamation on January 1st, 1863 as the day Abraham Lincoln freed the slaves, but many states in the South ignored the order. It took some two-and-a half years, on June 19, 1865, for Union soldiers to go into Texas and force the slave owners to put down their chains. That...

May 25, 2017

Black Stocks Performance - YTD 5/25/17

The portfolio is outperforming the S&P 500 year to date with a gain of 11.5%. The S&P 500 was up 7.4% for that period.

Invest In Us

Another way to #BankBlack is to buy stock in black-owned banks and companies. As with any investment in equities, there is risk associated with buying a stake of ownership in a company through the stock market. You should resear...

May 13, 2017

Black Stocks Performance - YTD 5/12/17

The portfolio is outperforming the S&P 500 year to date with a gain of 9.1%. The S&P 500 was up 6.8% for that period.

Invest In Us

Another way to #BankBlack is to buy stock in black-owned banks and companies. As with any investment in equities, there is risk associated with buying a stake of ownership in a company through the stock market. You should researc...

April 21, 2017

Black Stocks Performance - YTD 4/21/17

The portfolio is underperforming the S&P 500 year to date with a gain of 4.5%. The S&P 500 was up 4.9% for that period.

Invest In Us

Another way to #BankBlack is to buy stock in black-owned banks and companies. As with any investment in equities, there is risk associated with buying a stake of ownership in a company through the stock market. You should resea...

April 21, 2017

Want to support black-owned banks but don’t have an easily accessible branch? Not a problem!! Here are some ways that you can still make a meaningful and significant investment in the bank of your choice regardless of the location:

1. Open a long-term checking with automatic direct deposits from your employer or transfers from your current banking institution

2. Have your “spending” money from each...

April 14, 2017

Black Stocks Performance - YTD 4/14/17

The portfolio is outperforming the S&P 500 year to date with a gain of 9%. The S&P 500 was up 4% for that period.

Invest In Us

Another way to #BankBlack is to buy stock in black-owned banks and companies. As with any investment in equities, there is risk associated with buying a stake of ownership in a company through the stock market. You should research an...

April 8, 2017

The Washington Post recently published “Move your money, move society?”, an article detailing the #BankBlack Movement written by Tracy Jan. The article begins by reporting the recent surge in deposits in black-owned blacks, driven by social media and celebrity activists. However, the article details how this surge has tapered off, and why continued support for these institutions is critical.

Black...

April 7, 2017

Black Stocks Performance - YTD 4/7/17

The portfolio is outperforming the S&P 500 year to date with a gain of 7.3%. The S&P 500 was up 5.3% for that period.

Invest In Us

Another way to #BankBlack is to buy stock in black-owned banks and companies. As with any investment in equities, there is risk associated with buying a stake of ownership in a company through the stock market. You should research...

March 31, 2017

Black Stocks Performance - YTD 3/31/17

The portfolio is outperforming the S&P 500 for the first quarter ending 3/31/2017 with a gain of 9.7% for the quarter. The S&P 500 was up 5.6% for that period.

Invest In Us

Another way to #BankBlack is to buy stock in black-owned banks and companies. As with any investment in equities, there is risk associated with buying a stake of ownership in a company th...

March 29, 2017

Ariane Randolph

Banks with OneUnited

Entrepreneur, Breastfeeding & Community Activist, Environmental Scientist 

Jacksonville, FL | @arianerandolph

Why did you move your money to a black-owned bank?

As a Black Family in America it is our responsibility to have our money in a #BlackBank. We are looking forward to exploring all of the services that OneUnited Bank has to offer. We are moving our money to a...

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August 13, 2017