Page 3 - Impact Alpha News Today

The Bronx Wide Plan’s organizers have set out a vision for the borough’s future rooted in “economic democracy.” Now, with support from AOC, they’re taking it to the streets.

Lifting or eliminating the cap on FDIC insurance for banks could be part of the response to the current banking crisis. Here’s what it could mean for local, community and public banks.

A step-by-step primer on obtaining your bank’s balance sheet – and understanding what that means for your bank’s level of risk.

Focusing on wealthy people and their startup investments is not a sign of good risk management at a bank. 

West Baltimore’s The Cube, created by and for Black mom entrepreneurs, set itself apart with on-site babysitting services. Its founders’ aim: To help women get stuff done – and build generational wealth.

Adelphi Bank in Columbus, which raised $20 million in startup capital, marks the country’s first new Black bank since 2003.

The VC firm is looking to invest in the next HBCU rising entrepreneur, with a little help (specifically $5 million) from Costco.

After years of making loans from his Little Rock barbershop, Arlo Washington has chartered the state’s newest credit union – offering a blueprint for communities to create their own financial institutions.

The Underwriting for Racial Justice National Working Group convenes underappreciated allies against racial inequities in access to credit.

The Mission Driven Bank Fund is designed to invest wealth in community banks led by people of color.