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Judge sides with bank that said DOJ unfairly linked it to Tulsa massacre

American Banker

American Bank of Oklahoma agreed to a consent order in August to settle allegations from the Department of Justice over redlining. However, the institution strenuously objected to references to the Tulsa Race Massacre in the agreement and asked that the language be stricken.

Tulsa 36
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Popular, Inc. invests in minority owned bank, Greenwood

PopularBank

Marginalized communities often struggle to enter the banking mainstream – due to a lack of trust or a lack of inclusive financial products – making access to a minority owned bank an important factor in building a brighter financial future. Based in Atlanta, Greenwood takes its name from Tulsa, Oklahoma’s Greenwood District.

Tulsa 52
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Entering the cannabis banking market

Independent Banker

While the legal status of banking cannabis-related businesses remains fuzzy at the federal level, community banks in some states are finding that, with proper controls, they’re able to enter this niche market and offer banking services to these local businesses. It’s a strategy that an increasing number of community banks are embracing.

Marketing 113