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LOS ANGELES, April 29, 2021 /PRNewswire/
Camino Financial, a Los Angeles based FinTech focused on lending to Latino-owned businesses, announced today that it has been certified as a national Community Development Financial Institution ( CDFI ) by the U.S. Department of Treasury. Camino Financial is the first national CDFI powered by artificial intelligence, referred to as a neo-CDFI, focused on lending to underbanked businesses. Today culminates a three year journey in becoming a CDFI, said Sean Salas, Co-Founder and CEO of Camino Financial. For a long time, we ve had a strong view that CDFIs play a critical role in narrowing the capital disparity gap experienced among minority business owners. We saw this dynamic further amplified during COVID-19 when CDFIs helped these business communities access PPP and other forms of relief.
An inside look at how Kamala Harris is engaging with community lenders to support small businesses
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Floyd killing forces business to reexamine its record on race relations
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Floyd Killing Forces U.S. Business to Examine its Record on Race
Apr 21 2021, 7:33 PM
April 21 2021, 5:30 PM
April 21 2021, 7:33 PM
(Bloomberg) Derek Chauvinâs trial ended in a conviction. The business reckoning inspired by George Floydâs killing is far from over.
(Bloomberg) Derek Chauvinâs trial ended in a conviction. The business reckoning inspired by George Floydâs killing is far from over.
Since Floyd died under the knee of former police officer Chauvin on May 25, more than 80 companies in the S&P 100 have promised to improve hiring for Black and other minority workers. Almost half have goals for improving representation in management, according to data collected by Bloomberg. Twenty two S&P 100 companies have joined the OneTen Coalition, a pledge to add 1 million middle-income jobs for Black workers in a decade.
Coinbase Global Inc (NASDAQ:COIN) and
Dogecoin (CRYPTO: DOGE) monopolizing investor chatter, bank stocks seem so very yesteryear.
And even among those who put their faith and funds into bank stocks, it often seems like the usual suspects get the surplus amount of attention with the money center monoliths and the XL-sized regionals inevitably hogging whatever spotlight shines on this sector.
Here’s a novel concept: Let’s shine that spotlight on four bank stocks that rarely rate a blip of investor chatter, but could easily turn out to be the happy surprises of the year. In alphabetical order, for your consideration, are a quartet of under-the-radar bank stocks that would benefit from some much-needed attention.