Fifth Third Community Development Corp. is investing an additional $2.5 million in First Independence Bank. The move makes Fifth Third the largest investor in the minority depository institution and community development financial institution.
Fifth Third collaborated with the Cincinnati African American Chamber of Commerce, the Cincinnati Herald, the Dayton Defender and the Dayton Weekly newspapers to host two free virtual homeownership seminars in honor of national homeownership month.
Following an April 2020 industry-leading commitment to donate all gross processing fees from the Paycheck Protection Program, Wells Fargo unveiled today the details of an approximately $400 million effort to help small businesses impacted by the ongoing COVID-19 pandemic keep their doors open
For Theresa Bedeau, senior manager for community development banking at Capital One, the racial wealth gap is not some distant concept — it’s personal.
After using different forms of contraception for a decade, Marina Pavlovic Rivas was fed up with the various side effects and looking for a better option. She wanted something non-invasive, without hormones but still reliable. Her search came up empty.
The economic impact of the pandemic on households and businesses would also have been worse without the stimulus, with unemployment reaching 15% as opposed to the anticipated 13%, the report says.
Recognizing its unique opportunity as a global financial organization to advance climate transition and promote sustainable economic growth, Scotiabank is pleased to announce the launch of a new Sustainable Finance Group within its Global Banking and Markets (GBM) division.
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