Bank of America is offering zero down ... threatened to deepen the alarming divide between White homeownership and that of minorities. Black homeownership stood at just 43.4% at the end of 2020 ...

the national Black homeownership rate was at 45 percent, while the rate of white homeownership reached 75 percent. Rashawn Ray, a senior fellow at the Brookings Institution, said Bank of America ...

White households are now 40% more likely to be able to afford to buy a home compared with Black households, the association said. Bank of America and other major financial institutions like Wells ...

To avoid having the organization’s finances managed and scrutinized by white people, Browne decided to open a bank serving Black customers in Richmond, Virginia. After his death in 1897 ...

The percentage of Black and Hispanic households without a bank account is much higher than white households. Boyce said there were at one point more than 100 Black-owned banks across the country.