Killer Mike‘s evoking the spirit of the historic Greenwood District with his new bank, which he says is going to help Black and Brown people take the power of their earnings back … and set them up for future success.. Young and Killer Mike’s new plan, the Greenwood Bank Initiative, is hoping to change exactly that. It is not FDIC insured; however, its banking services will be provided by FDIC-member banks. With a booming entertainment industry and a … NFLX “Moreover, a Black person is twice as likely as a white person to be denied a mortgage. This lack of fairness in the financial system is why we created Greenwood.”. New York (CNN)A new majority Black and Latinx-owned and operated digital bank hopes to make supporting Black-owned banks and businesses a little easier for consumers. Glover has been working on Greenwood since early … Young, and Bounce TV network CEO, Ryan Glover, to launch a digital banking app, Greenwood. This gym is actually opening studios during the pandemic, Melinda Gates: Vaccines need to reach the 'far corners of the globe'. The new venture was started by Bounce TV founder Ryan Glover and rapper Michael “Killer Mike” Render. "It's no secret that traditional banks have failed the Black and Latinx community," said founder and chairman Ryan Glover. "60 in 6" on Quibi correspondent Wesley Lowery sat down with rapper and activist Killer Mike to talk about Greenwood, a Black-owned digital bank he helped co-found. The other is Atlanta’s former mayor Andrew Young. While the bank doesn't open until January, the company launched its website on Thursday and there is already a waiting list for those who want to open a Greenwood account. Opinions expressed by Forbes Contributors are their own. Killer Mike has made one of his dreams come true by opening up a bank for the African-American and Latino community. Greenwood is a Black & Latino owned mobile only digital bank platform focused on ethical banking services & building wealth through community reinvestment. killer mike. Killer Mike, Ryan and I are launching Greenwood to continue this work of empowering black and brown people to have economic opportunity.” Greenwood Gives Back. Shana Render, known as Shay Bigga, was a former female rapper.She is married to Killer Mike, a rapper, actor, social activist and businessman.The couple tied the knot in 2006 and Killer Mike believes that their marriage is the best business decision he’s ever made in his life. The start-up launched the list along with its website on 8 October. Killer Mike, whose real name is Michael Render, is co-founder of the new Greenwood Bank. Young and Ryan Glover are founders of Greenwood, the first digital banking platform for Black and Latinx people and business owners. "We believe there is an opportunity to continue to super serve our community by creating a digital bank that maybe the traditional African-American, Latinx banks just don't understand," he said. ", Greenwood is named after the former Greenwood district of Tulsa, Oklahoma, an early 20th century African-American business community that was so prosperous it was nicknamed, "Today, a dollar circulates for 20 days in the White community, but only six hours in the Black community," Render said in a written statement. The leadership team at Greenwood, which includes former Atlanta Mayor Andrew Young, unveiled their new platform on Thursday after raising more than $3 million in seed funding in June. "I believe digital banking is the wave of the future, not just something that's popular now," he said. Greenwood was created by Bounce TV founder Ryan Glover and his close friend, rapper-activist Michael “Killer Mike” Render. Killer Mike has partnered with former Atlanta Mayor Andrew Young and Bounce TV founder Ryan Glover to create Greenwood, according to a press release obtained by the Associated Press. Greenwood has three key avenues to support Black and Latinx causes and businesses: – For every customer sign-up, Greenwood will provide five free meals to a family in need. Glover has been working on Greenwood since early … Who is Killer Mike’s Wife? "That number is increasing by the day. Greenwood's mission is to serve Black, Latinx and other underserved communities that have historically struggled to gain capital. 1 Album In The U.K. (And Her Second Of 2020) With ‘Evermore’, Box Office: ‘Wonder Woman 1984’ Opens With Soft $7 Million Friday In China, Netflix’s Most Popular Movies This Week: ‘Ava’ And ‘A California Christmas’ Battle For The Top Spot, Netflix’s Most Popular Shows This Week: ‘Tiny Pretty Things’ Steals A Perfect Week From ‘Manhunt: Deadly Games’, New Christmas Album From ‘The Voice’ Winner Chevel Shepherd Features Many Holiday Favorites, Taylor Swift Already Dominates The Rock Chart, Even Before Her New Album Debuts, Lee Si-Young Faces Monsters And Welcomes Fight Scenes In ‘Sweet Home’, How Nine-Year-Old Ryan Kaji, YouTube’s $30 Million Man, Just Keeps Getting Richer. I also have an extensive background in broadcast and digital media, having worked for NBC Universal, ABC-7 Eyewitness Local News and CBS Radio. "We needed to create a new financial platform that understands our history and our needs going forward, a banking platform built by us and for us, a platform that helps us build a stronger future for our communities. A new black-owned digital bank is looking to make it easier for consumers to support black businesses. The leadership team at Greenwood… Inspired by the early 1900s when Black wealth was recirculated in the Greenwood District (Tulsa, Oklahoma), the bank pays homage to “Black Wall Street,” which was referred to as a “symbol of the economic potential of community solidity,” according to an official press release. Greenwood has three key avenues to support Black and Latinx causes and businesses: For every customer sign-up, Greenwood will provide five free meals to a family in need. I am a writer, music critic, and digital producer born and raised in Los Angeles. Killer Mike, Ryan and I are launching Greenwood to continue this work of empowering black and brown people to have economic opportunity." A new black-owned digital bank is looking to make it easier for consumers to support black businesses. Greenwood was created by Bounce TV founder Ryan Glover and his close friend, rapper-activist Michael "Killer Mike" Render. Killer Mike, Ryan and I are launching Greenwood to continue this work of empowering black and brown people to have economic opportunity.” Greenwood Gives Back. Young and Killer Mike’s new plan, the Greenwood Bank Initiative, is hoping to change exactly that. Biden's economic plan is bold. The leadership team at Greenwood includes former Atlanta Mayor Andrew Young. He shares ownership of Greenwood with civil rights icon and former mayor of Atlanta, Andrew J. Greenwood is changing that, and the digital banking platform has welcomed a series of powerhouse investors including rapper/activist Killer Mike, … (Photo by Scott Dudelson/Getty Images). Rapper Killer Mike, former Atlanta mayor Andrew Young and Bounce TV founder Ryan Glover have launched a new online bank targeted toward people in the Black and Latinx communities, called Greenwood. Young and Ryan Glover are founders of Greenwood, the first digital banking platform for Black and Latinx people and business owners. Bankhead Seafood, Killer Mike’s Greenwood Initiative and the Historic Hills Community Development Corporation to Serve Families This Holiday Season The holiday season is a … This week, Killer Mike appeared on the cable news show MSNBC Live with Stephanie Ruhle to discuss starting Greenwood. Mike Render, better known as Killer Mike, at his Swag Shop barber shop in Atlanta on Tuesday, October 6, 2020. A new majority Black and Latinx-owned and operated digital bank hopes to make supporting Black-owned banks and businesses a little easier for consumers. Rapper Killer Mike and Bounce TV founder and President Ryan Glover have joined forces to launch Greenwood, a new digital bank tailored to the Black and Latinx communities.. Greenwood is … Rapper Killer Mike, former Atlanta mayor Andrew Young and Bounce TV founder Ryan Glover have launched a new online bank targeted toward people in the Black and Latinx communities, called Greenwood. Television executive Ryan Glover, rap star Killer Mike and civil rights leader Andrew Young have launched a digital bank for Black and Hispanic consumers called Greenwood Financial. Killer Mike's second official album, I Pledge Allegiance to the Grind, was released on his own Grind Time Official label in 2006, followed by I Pledge Allegiance to the Grind II in 2008. Greenwood's mission is to serve Black, Latinx and other underserved communities that have historically struggled to gain capital. Michael “Killer Mike” Render, Ambassador Andrew J. My extensive work in music, entertainment, and pop culture has appeared in Billboard and The Hollywood Reporter. All times are ET. There’s no confirmation as to whether that’s an accurate total figure of sign-ups for the platform, but Glover told CNN Business that Greenwood was in “the tens of thousands” range within a 24-hour span. Killer Mike’s Bankhead Seafood & Greenwood Initiative To Sponsor Thanksgiving Day Giveaway By : Yohance Kyles (@HUEYmixwitRILEY) / Categories : News / … Ryan Glover, Killer Mike and Ambassador Andrew Young are launching Greenwood, a digital bank aimed at serving Black and Latinx communities. Greenwood, a challenger banking service part-owned by US rapper Killer Mike, has launched its waiting list for Black and Latinx communities. 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