8,000 People Open Accounts At Black-Owned Bank In Atlanta

By Taryn Finley

 

 

 

 

 

 

In the weeks following the deaths of Alton Sterling and Philando Castile, more and more influencers, like Solange and Killer Mike, have started to #BankBlack and have transferred their money into black-owned banks.

Now, a historic black bank in Atlanta has seen a spike in business. In just five days, 8,000 people have submitted applications to join Citizen’s Trust Bank, according to 11 Alive.

“It’s a tremendous propel forward for the bank and the future of the bank and bringing new relevance to a bank that’s been here for 95 years. And, it’s a statement about what the next 95 years will look like,” Jay Bailey, chairman of the bank’s Next Generation Advisory Board, told the local outlet.

The bank’s CEO and president, Cynthia N. Day, thanked Killer Mike on Twitter  for urging people to collectively put $100 million in Atlanta’s only black bank just days before the increase in business.

Executive Vice President Fredrick Daniels said the bank, which was founded in 1921, has survived despite several economic hardships. Now, he said Citizen’s Trust is looking to grow and get more black people to keep their money in their communities.

Read More: 8,000 People Open Accounts At Black-Owned Bank In Atlanta

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About The Soul Brother

An observer to the world. I have a unique view of the world and want to share it. It's all in love from the people of the "blues". Love, Knowledge, and Sharing amongst all is the first steps towards solving all the problems amongst humanity.
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