Carver Development News Today

The National Bankers Association Names Nicole Elam, Esq. President and CEO Share Article An Action-Oriented Executive to Lead the Association for Inclusive Financial Services and Regulatory Voice of Minority Banking Nicole Elam, Esq. Named President and CEO of National Bankers Association WASHINGTON (PRWEB) May 19, 2021 The National Bankers Association (NBA) announced today the appointment of Nicole Elam, Esq. as president and CEO...

Black America Needs a ‘New Normal’: Equitable Credit Access to Build Wealth By Charlene Crowell Charlene Crowell Over the past year, the COVID-19 pandemic has imposed dual crises. Over 542,000 Americans lives were lost and continue to increase. At the same time, the rippling effects of a massive economic downturn has caused the nation to lose 9.5 million jobs – more losses than even those of the Great Recession, finds the University of New Hampshire’s Carsey School of Public Policy. Al...

*ATLANTA — Today, the Atlanta Hawks announced that it has agreed to refinance the construction loan for the Emory Sports Medicine Complex with a syndicate of Black-owned banks. The $35 million loan marks the first time a professional sports franchise has had a significant loan underwritten exclusively by Black banks. The groundbreaking transaction was facilitated with the support of the newly-formed National Black Bank Foundation, which organized a syndication team to structure the deal. Geor...