S. E. Williams | Black Voice News Wells Fargo & Company has finalized investments in two African American Minority Depository Institutions (MDIs)–the Harbor Bank of Maryland and Industrial Bank of Washington, D.C. By making these last two equity capital investments, the company has now invested 13 such institutions fulfilling its March 10, 2020, announcement to commit $50 million to Black-owned banks in communities across the country including City First Bank, in Los Angeles. “We are a proud partner to all these banks as each serves as a cornerstone to the communities they serve,” said Gigi Dixon, head of External Engagement […]
The post Wells Fargo Announces Investments in Two Additional Black Owned Banks appeared first on BNC.
