Bank Greenwood, a digital bank, centers Black, Latinx communities

1 min read

For years, raptivist Killer Mike advocated for the support of Black-owned banks. Now, he opened one, Greenwood digital bank.

With Bounce TV founder, Ryan Glover, and Ambassador Andrew Young, an iconic Civil Rights activist who is a former Atlanta mayor and US Congressperson, the raptivist, Killer Mike says that the Black economy is critical in the economy of the country. Including in Greenwood founders is Ambassador Young’s son, Bo Young. Launched recently, Killer Mike made his rounds on popular hip hop podcasts, African American radio shows and TV shows, promoting a digital bank designed to cater to Black and Latinx bankers. In less than a week, 100,000 enrolled to set up an account with Greenwood bank during its official opening in January 2021. 

“This milestone proves that there is a large demand for modern financial services that uniquely address the needs of Black and Latinx communities,” said the Greenwood Team in a message to enlistees.

Rolanda Spencer and Kaia Shivers talk about this new venture on Ark Republic’s, the Weekly Check In.

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