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Wonkblog: The country’s last black-owned banks are in a fight for their survival

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Wonkblog: The country’s last black-owned banks are in a fight for their survival



Capital Savings Bank opened shop in Washington in 1888, making it the nation's first black-owned bank at a time when the mere notion of offering financial services to the African American community was a novel idea. Now black-run banks are in a fight for survival, even though many advocates argue that many African Americans remain starved for banking services.Read full article >>






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