FinCap Friday: The $1 Billion Merger
This week on FinCap Friday, we are taking a look at recent news about a new bank merger. Two existing banks will unite to create the largest Black-owned bank in America. This is a buzzing topic in the media because the number of Black-owned financial institutions has decreased since the early 2000's. How many Black-owned banks remain today? How much money will the new bank have after this merger? Find out in this week's episode below:
Check out all of our FinCap Friday episodes here. They're not date-dependent so any of the 70+ in our catalog dating back to August 2018 can work throughout the coming year!
About the Author
Born and raised by Dominican, immigrant parents in Brooklyn, Yanely is a proud product of NYC public schools. She graduated from Fiorello H. LaGuardia High School in 2007 before going on to receive her bachelor's degree at Brown University in 2011. As a Teach For America corps member, Yanely taught third and fourth grade in Canarsie, Brooklyn. She received her master's degree from Relay Graduate School of Education in 2013. She spends her spare time making YouTube videos about personal finance on her channel, MissBeHelpful. Yanely also loves to dance, sew, paint, listen to podcasts, and babysit her soon-to-be 7 nieces and nephews!
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