Kat Taylor, CEO of Beneficial State Bank, makes an impassioned case for an overhaul of banking sector regulations to ensure that the industry aligns with the values of corporate social responsibility in this opinion piece in the San Francisco Business Times.
The question of how to develop a national or statewide banking strategy to assist the black community is of the utmost importance. This article in the American Banker promotes a solution that involves cooperation between federal regulators such as the Federal Reserve, Office of the Comptroller of the Currency and the FDIC to work jointly with black-owned banks to make the largest impact.
CDBA Members: Beneficial State Bank, Sunrise Banks, and Virginia Community Capital, earned the distinct honor of being ranked as a "B Corp Best for the World" company as they scored in the top 10% of all Certified B Corporations on the B Impact Assessment, a rigorous and comprehensive assessment of a company's impact on its workers, community, and the environment. Read more to access the full list of awardees.