Adelphi Bank: $20M fundraising effort underway to launch Black-owned bank in Columbus

Subject

Black Banks;

Description

Efforts to launch a Black-owned bank in Columbus are moving forward with a $20 million fundraising push, as the bank’s leaders hope to open the bank by the end of 2022.

The Federal Deposit Insurance Corp. in late May granted conditional approval for the launch of Adelphi Bank, an effort being led by a group of Black civic leaders in Columbus.

Creator

by: Hayleigh Colombo | Columbus Business First

Source

https://www.nbc4i.com/news/columbus-business-first/adelphi-bank-20m-fundraising-effort-underway-to-launch-black-owned-bank-in-columbus/

Publisher

File

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