Jun 10, 2021

Summer Series: Banking Below I-30

Special thanks goes out to JaRhondaLynn Cameron, who teaches in Dallas, Texas and brought this excellent series of journalistic coverage by the local news station to my attention! 

An investigation reported by WFAA in November 2020, found that 20% of banks in Dallas County don't serve the largely minority neighborhoods below Interstate 30 (I-30). This is an issue that has burdened North Texas for a long time and now concerned community members are beginning to speak out and to report the banks in their community. Perhaps what was most disturbing about this video series, was the evidence that there may have been oversight or approval of these incidents on the part of federal bank regulators.

Check out the 3 part series below and tune into the supplemental videos linked for more details:

 

Supplemental videos:

1. Calls for Justice Department Investigation

2. How local governments can hold banks accountable for racial equity

 

Check out the full story here, for more. 

 

What do you think of the series? Let us know in our educators-only online forum, FinLit Fanatics.

 

About the Author

Yanely Espinal

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 10 nieces and nephews!

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