Wells Fargo makes major investment in Black-owned banks – Daytona Times

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Wells Fargo makes major investment in Black-owned banks – Daytona Times

BY STACY M. BROWN NNPA NEWSWIRE The banking giant has selected six African American minority depository institutions (MDIs) for equity investments. Broadway Federal Bank in Los Angeles, Carver Federal Savings Bank in New York, Citizens Savings Bank & Trust in Nashville, Commonwealth National Bank in Mobile, Ala., M&F Bank in Durham, N.C., and Optus Bank […]

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