WebJun 30, 2024 · Banks that are Black-owned or Black-led represent just 1% of the country's commercial banking assets, Netflix said, citing the Federal Deposit Insurance Corporation. WebApr 1, 2024 · Black-owned businesses still face serious pressures in America. For one, there’s not a lot of them. In 2012, the Census Bureau reported only 9.7% of business owners were black, compared with 83% ...
Netflix Trumps $100M Pledge To Black-Owned Financial Institutions
WebJun 30, 2024 · 6.30.2024 - LISC Stories. LISC is expanding its capacity to bridge racial gaps in health and wealth, thanks to a new $25 million investment from Netflix. The media giant is reallocating 2 percent of its cash holdings from global banks to support Black-owned lenders, businesses and institutions that can, in turn, expand access to capital and … WebJun 30, 2024 · Citing the FDIC, Netflix states that banks that are Black-owned or led are comprise only 1% of the commercial banking assets in the U.S., and that — according to the U.S. Federal Reserve — 19% ... skytech chronos gtx 1650 super gaming pc
Netflix, $100 Million And Black-Owned Banks - Forbes India
WebJun 30, 2024 · 0:59. Netflix on Tuesday announced a $10 million investment in a Mississippi-based credit union to build economic opportunities in Black communities across the Deep South. The Netflix deposit is ... WebDec 7, 2024 · Future Publishing via Getty Images. Streaming giant Netflix NFLX -0.9% makes good on its pledge to put 2% of its cash, around $100 million, in Black-led banks and wants to send even more money in ... WebJun 30, 2024 · June 30, 2024. An Atlanta business consultant played matchmaker in Netflix’s decision to distribute more cash to lenders who help Black-owned businesses. Yardstick Management, founded by Ebbie ... skytech construction