Celebrities Like Usher And Jermaine Dupri Take Their Millions To Black Owned Banks

img_20160211_211146.jpg

With so much racism and ungrateful behavior going on towards African Americans, it’s time we take a stand and unite as one.

Beyonce’s ‘Formation’ video seemed to have awakened many Negro people, that ignores or simply don’t care. However, certain powerful black people are getting into Formation by pulling their hard earned money out of big corporation banks and transferring it to black owned banks. This will definitely get their attention, if not anything else. Sometimes you have to show folks that you mean business, literally.
There are a total of 21 African American banks for us to choose from and make a difference.

img_20160211_211326.jpg

These 21 banks have total assets of approximately $4.7 billion dollars. This is a measly 0.43 percent of the $1.1 trillion dollars of annual spending power of the African American community. That’s right, we have over a trillion dollars in spending annually, but only keep $4.7 billion dollars of this in Black Owned Banks.

Here is the full list of those banks below:

]

 

ALAMERICA BANK

 

Location: Birmingham, Alabama

 

Founded: January 28, 2000

 

FDIC Region: Atlanta

 

Assets: $35 404 000

 

BROADWAY FEDERAL BANK FSB

 

Location: Los Angeles, California

 

Founded: February 26, 1947

 

FDIC Region: San Francisco

 

Assets: $385 055 000

 

CAPITAL CITY BANK & TRUST COMPANY

 

Location: Atlanta, Georgia

 

Founded: October 3, 1994

 

FDIC Region: Atlanta

 

Assets: $294 572 000

 

CARVER STATE BANK

 

Location: Savannah, Georgia

 

Founded: January 1, 1927

 

FDIC Region: Atlanta

 

Assets: $41 573 000

 

CITIZENS TRUST BANK

 

Location: Atlanta, Georgia

 

Founded: June 18, 1921

 

FDIC Region: Atlanta

 

Assets: $392 286 000

 

CITY NB OF NEW JERSEY

 

Location: Newark, New Jersey

 

Founded: June 11, 1973

 

FDIC Region: New York

 

Assets: $340 301 000

 

COMMONWEALTH NATIONAL BANK

 

Location: Mobile, Alabama

 

Founded: February 19, 1976

 

FDIC Region: Atlanta

 

Assets: $63 244 000

 

COVENANT BANK

 

Location: Chicago, Illinois

 

Founded: June 20, 1977

 

FDIC Region: Chicago

 

Assets: $59 842 000

 

FIRST INDEPENDENCE BANK

 

Location: Detroit, Michigan

 

Founded: May 14, 1970

 

FDIC Region: Chicago

 

Assets: $215 924 000

 

FIRST STATE BANK

 

Location: Danville, Virginia

 

Founded: September 08, 1919

 

FDIC Region: Atlanta

 

Assets: $38 882 000

 

FIRST TUSKEGEE BANK

 

Location:Tuskegee, Alabama

 

Founded: October 11, 1991

 

FDIC Region: Atlanta

 

Assets: $63 127 000

 

[/twocol_one] [twocol_one_last]

 

HIGHLAND COMMUNITY BANK

 

Location: Chicago, Illinois

 

Founded: November 09, 1970

 

FDIC Region: Chicago

 

Assets: $84 948 000

 

ILLINOIS SERVICE FEDERAL SAVINGS & LOAN

 

Location: Chicago, Illinois

 

Founded: January 01, 1934

 

FDIC Region: Chicago

 

Assets: $140 148 000

 

INDUSTRIAL BANK

 

Location: Washington, DC

 

Founded: August 18, 1934

 

FDIC Region: New York

 

Assets: $342 524 000

 

LIBERTY BANK & TRUST COMPANY

 

Location: New Orleans, Louisiana

 

Founded: November 16, 1972

 

FDIC Region: Dallas

 

Assets: $545 019 000

 

MECHANICS & FARMERS BANK

 

Location: Durham, North Carolina

 

Founded: March 01, 1908

 

FDIC Region: Atlanta

 

Assets: $304 809 000

 

NORTH MILWAUKEE STATE BANK

 

Location: Milwaukee, Wisconsin

 

Founded: February 12, 1971

 

FDIC Region: Chicago

 

Assets: $91 490 000

 

ONEUNITED BANK

 

Location: Boston, Massachusetts

 

Founded: August 02, 1982

 

FDIC Region: New York

 

Assets: $590 624 000

 

SEAWAY BANK & TRUST COMPANY

 

Location: Chicago, Illinois

 

Founded: January 02, 1965

 

FDIC Region: Chicago

 

Assets: $573 168 000

 

UNITED BANK OF PHILADELPHIA

 

Location: Philadelphia, Pennsylvania

 

Founded: March 23, 1992

 

FDIC Region: New York

 

Assets: $67 930 000

 

UNITY NB OF HOUSTON

 

Location: Houston, Texas

 

Founded: August 01, 1985

 

FDIC Region: Dallas

 

Assets: $68 125 000

 

Source: FDIC

 

Source: http://hbcumoney.com/2013/03/01/2013s-african-american-owned-bank-directory/

Advertisements

K. Michelle Drops New Single-Not A Little Bit (Music)

Memphis superstar, K. Michelle surprised us all when she unexpectedly dropped a brand new single titled ‘Not A Little Bit’, giving her fans the great RnB they’ve been missing. Take a trip in K’s world while you listen to the new song below…

Not only did K. Michelle give a taste of her new album to come but her highly anticipated reality show, K. Michelle: My Life premieres Monday, January 25, at 9:30/8:30C PM on VH1.

The singer teased us with a clip of the show that kept us wanting more. In the clip you will see her good friend, Safaree Samuels, ex-fiance of Nicki Minaj. The two seems to have great chemistry on camera, however, the two have confirmed, there is no romance involved. One could only hope!

 

Good luck to them both!

Mariah Carey And James Packer Are Engaged

img_20160122_191740.jpg

Looks like Mariah Carey may have finally fouund her hero. Thursday night, news broke out of an engagement celebration hosted by songstress, Mariah Carey and billionaire, James Packer.

  1. img_20160122_191709.jpg

The two celebrated their love in NYC with friends and family and looked super happy. Shortly after, Mimi was pictured outside flashing a massive 35 carat diamond ring that costs roughly around $7.5 million. Way to go Mariah.

This will be the third marriage for go round for Carey and Packer.

Mariah divorced ex-husband, Nick Cannon divorced in 2015 and she and Packer have been together since June of 2015, about 7 months.

Throwback Special: Rosie Perez And Tupac Story

img_20160121_145136.jpg

– Explain the picture of you and #Tupac .”
Rosie: ” Everyone thought that we were having sex…and weren’t. What had happen was is that I was supposed to go the Soul Train Music awards with this other guy in the music industry don’t ask who, he stood me up! He stood me up 15 minutes before we were supposed to leave and Tupac..we were friends and he called me up he was like “wassup?” and I was crying and he said ” Yo, forget that muthafucka.”, and he said let’s go up there, i’ll be your date.” and I said what? and he goes ” He’s gonna be so jealous of me and you.” and everything and I said “yeah?” and he goes “plus I want you to hook me up with #Madonna .” We were in the limousine me, Tupac and my best friend Julie and we were sitting there smoking and I look at Pac and he looks at me and I go “Are we supposed to kiss or something?” and he said no, because you’re the type of girl that someone marries.” “and we got out of the limo and I was soo stoned and I was so scared and everything and he’s like “Don’t worry, I got you and that’s the moment in the picture of him holding my hand. (thefreerootsproject)

R. Kelly Opens Up About, Aaliyah, Bill Cosby And Being Molested In The Past

After dramatically walking off set during a recent interview, one could be forgiven for assuming R. Kelly isn’t interesting in tackling tricky topics.

img_20160121_124841.jpg

However, in a dramatic chat with GQ (presumably to promote new album ‘The Buffet)’, R&B’s Pied Piper sounds off on a number of controversial topics. Including, but not limited to, the Bill Cosby sexual assault scandal, his own childhood abuse, and Aaliyah.The quotes below are likely to shock…

On Being Abused As A Child By A Female Relative:
“[It happened] every other day, every other week” for multiple years growing up: As far as I can remember, about [age] 7 or 8 to maybe 14, 15. Something like that.At first, I couldn’t judge it. I remember it feeling weird. I remember feeling ashamed. I remember closing my eyes or keeping my hands over my eyes. I remember those things, but couldn’t judge it one way or the other fully.” [Over time, as I got older] I remember actually, after a couple of years, looking forward to it sometimes. You know, acting like I didn’t, but did… It teaches you to definitely be sexual earlier than you should have, than you’re supposed to. You know, no different than putting a loaded gun in a kid’s hand––he gonna grow up being a shooter, probably. I think it affects you tremendously when that happens at an early age. As I’m older, I’ve only learned to forgive it. Was it wrong? Absolutely. But it’s a family member that I love so I would definitely say no to that one. To be honest, even if my mom, I saw her kill somebody, I’m not gonna say, ‘Well, yeah, she definitely should go to jail.’ It’s just something I wouldn’t do.[Editor’s note:Part of Kelly’s forgiveness comes from his belief that the abuse stemmed from “a generational curse, so to speak, going down through the family. Not just started with her doing that to me.”

On Bill Cosby Allegations:
“Well, my opinion on that is, I don’t know what happened. I’m a fan of Bill Cosby’s from the Bill Cosby show, of course––who’s not?––and for me to give my opinion on something that I have no idea if it’s true or not, all I can say is that it was a long time ago. And when I look on TV and I see the 70-, 80-, 90-year-old ladies talking about what happened when they were 17, 18, 19, there’s something strange about it… If God showed me that they were telling the truth, I would say that’s wrong. I don’t care if it was a zillion years ago. But God would have to do that, because God is the only one can show me that. No man can tell me that. No woman can tell me that. And when you wait 70 years, 50 years, 40 years, to say something that simple, it’s strange. You know why I say that is because it happened to me, and it wasn’t true.”

On Aaliyah:
Kelly speaks at length about his relationship with Aaliyah but when pressed further to talk about their alleged marriage he simply responds, “I did the best I could by writing my book and putting it out there for whoever wants to read about Robert.” (As the interviewer Chris Heath notes: Aaliyah is not mentioned in R. Kelly’s book).

On Being Found Not Guilty:
Regarding the June 2002 trial in which Kelly was indicted for making child pornography (a jury found him not guilty), Kelly gets upset: “When a person is found not guilty, they’re found not guilty. And it doesn’t matter if it’s a murder case, it doesn’t matter what case it is, when they’re found not guilty, they’re not guilty. And I think that a lot of haters out there wanted to see me go down.” So when asked, point blank, if that was him in the video for which he was on trial for child pornography, Kelly pauses. “Because of my lawyers, to this day I cannot have those kind of conversations. Being advised by my lawyers in this.” Even though the trial period is over…. Heath pushes. “Because they could come back to haunt me,” says Kelly. “Things could come back and they can just restart all over again. And I have to protect myself.” {Source}

Read more: http://thatgrapejuice.net/2016/01/ke…#ixzz3xnaPEwZw

http://gq.com

Spike Lee And Jada Pinkett Smith To Boycott Oscars

Source: Revolutionary Mindset- Despite receiving an honorary Oscar at last year’s Governor’s Awards, Spike Lee posted on Instagram on Martin Luther King’s birthday Monday, saying he and his wife would not be attending the Oscar ceremony.

Lee’s statement said, “We Cannot Support It And Mean No Disrespect To My Friends, Host Chris Rock and Producer Reggie Hudlin, President Isaacs And The Academy. But, How Is It Possible For The 2nd Consecutive Year All 20 Contenders Under The Actor Category Are White? And Let’s Not Even Get Into The Other Branches. 40 White Actors In 2 Years And No Flava At All. We Can’t Act?! WTF!!” It continues, “Dr. King Said ‘There Comes A Time When One Must Take A Position That Is Neither Safe, Nor Politic, Nor Popular But He Must Take It Because Conscience Tells Him It’s Right.’” He then lays out what he sees as the reason for the problem: “As I See It, The Academy Awards Is Not Where The ‘Real’ Battle Is. It’s In The Executive Office Of The Hollywood Studios And TV And Cable Networks. This Is Where The Gate Keepers Decide What Gets Made And What Gets Jettisoned To ‘Turnaround’ Or Scrap Heap. People, The Truth Is We Ain’t In Those Rooms And Until Minorities Are, The Oscar Nominees Will Remain Lilly White.”

Jada took time out on MLK day as well in order to remind us to never beg and always keep our dignity.

Check out the video’s below:

It’s becoming much too clear that we are not being respected IN our Arts and talents. It’s time to make a change.