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Wells Fargo makes major investment in Black-owned banks – Daytona Times

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BY STACY M. BROWN NNPA NEWSWIRE The banking giant has selected six African American minority depository institutions (MDIs) for equity investments. Broadway Federal Bank in Los Angeles, Carver Federal Savings Bank in New York, Citizens Savings Bank & Trust in Nashville, Commonwealth National Bank in Mobile, Ala., M&F Bank in Durham, N.C., and Optus Bank […]

The post Wells Fargo makes major investment in Black-owned banks appeared first on Daytona Times.

Source: Daytona Times
This Black Fact was brought to you by National Association of Asian American Professionals (NAAP) Boston Chapter

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