history https://mkpteam.com/ en 31 Amazing Women for the 31 Days of Women’s History Month https://mkpteam.com/blog/31-amazing-women-31-days-womens-history-month <!-- THEME DEBUG --> <!-- THEME HOOK: 'ds_entity_view' --> <!-- BEGIN OUTPUT from 'modules/contrib/ds/templates/ds-entity-view.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'ds_2col_stacked' --> <!-- FILE NAME SUGGESTIONS: * ds-2col-stacked--node--289.html.twig * ds-2col-stacked--node-blog-post-rss.html.twig * ds-2col-stacked--node-blog-post.html.twig * ds-2col-stacked--node-rss.html.twig * ds-2col-stacked--node.html.twig x ds-2col-stacked.html.twig x ds-2col-stacked.html.twig --> <!-- BEGIN OUTPUT from 'modules/contrib/ds/templates/ds-2col-stacked.html.twig' --> <div data-history-node-id="289" class="node node--type-blog-post node--view-mode-rss ds-2col-stacked clearfix"> <div class="group-header"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'links__node' --> <!-- FILE NAME SUGGESTIONS: * links--node.html.twig x links--inline.html.twig * links--node.html.twig * links.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/navigation/links--inline.html.twig' --> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/navigation/links--inline.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--field-display-title--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--field-display-title.html.twig * field--default--field-display-title--blog-post.html.twig * field--default--blog-post.html.twig * field--default--field-display-title.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--field-display-title--blog-post.html.twig * field--node--field-display-title.html.twig * field--node--blog-post.html.twig * field--field-display-title.html.twig * field--string.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <div class="field field--name-field-display-title field--type-string field--label-hidden field__item"><h2><a href="/blog/31-amazing-women-31-days-womens-history-month" hreflang="en">31 Amazing Women for the 31 Days of Women’s History Month</a></h2> </div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--field-blog-publish-date--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--field-blog-publish-date.html.twig * field--default--field-blog-publish-date--blog-post.html.twig * field--default--blog-post.html.twig * field--default--field-blog-publish-date.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--field-blog-publish-date--blog-post.html.twig * field--node--field-blog-publish-date.html.twig * field--node--blog-post.html.twig * field--field-blog-publish-date.html.twig * field--datetime.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <div class="field field--name-field-blog-publish-date field--type-datetime field--label-hidden field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'time' --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/time.html.twig' --> <time datetime="2024-03-01T12:00:00Z" class="datetime">Friday, March 1, 2024</time> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/time.html.twig' --> </div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> </div> <div class="group-left"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--field-blog-main-image--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--field-blog-main-image.html.twig * field--default--field-blog-main-image--blog-post.html.twig * field--default--blog-post.html.twig * field--default--field-blog-main-image.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--field-blog-main-image--blog-post.html.twig * field--node--field-blog-main-image.html.twig * field--node--blog-post.html.twig * field--field-blog-main-image.html.twig * field--image.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <div class="field field--name-field-blog-main-image field--type-image field--label-hidden field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'responsive_image_formatter' --> <!-- BEGIN OUTPUT from 'core/modules/responsive_image/templates/responsive-image-formatter.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'responsive_image' --> <!-- BEGIN OUTPUT from 'core/modules/responsive_image/templates/responsive-image.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'image' --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/image.html.twig' --> <img srcset="/sites/default/files/styles/max_325x325/public/2024-03/MKP_WHM2024_31AmazingWomenfor31DaysofWomensHistoryMonth_1200x630.jpg?itok=XtOFuMgc 325w, /sites/default/files/styles/max_650x650/public/2024-03/MKP_WHM2024_31AmazingWomenfor31DaysofWomensHistoryMonth_1200x630.jpg?itok=lP2ITqg8 650w, /sites/default/files/styles/max_1300x1300/public/2024-03/MKP_WHM2024_31AmazingWomenfor31DaysofWomensHistoryMonth_1200x630.jpg?itok=LVwJd5PW 1300w, /sites/default/files/styles/max_2600x2600/public/2024-03/MKP_WHM2024_31AmazingWomenfor31DaysofWomensHistoryMonth_1200x630.jpg?itok=CNEH4qCr 2600w" sizes="(min-width: 1290px) 1290px, 100vw" src="/sites/default/files/styles/max_325x325/public/2024-03/MKP_WHM2024_31AmazingWomenfor31DaysofWomensHistoryMonth_1200x630.jpg?itok=XtOFuMgc" alt="Collage of 31 amazing women included in this blog" typeof="foaf:Image" /> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/image.html.twig' --> <!-- END OUTPUT from 'core/modules/responsive_image/templates/responsive-image.html.twig' --> <!-- END OUTPUT from 'core/modules/responsive_image/templates/responsive-image-formatter.html.twig' --> </div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--body--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--body.html.twig * field--default--body--blog-post.html.twig * field--default--blog-post.html.twig * field--default--body.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--body--blog-post.html.twig * field--node--body.html.twig * field--node--blog-post.html.twig * field--body.html.twig x field--text-with-summary.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field--text-with-summary.html.twig' --> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><span><span><span>Throughout the month of March, we're recognizing the profound impacts women have had across cultures, continents, and centuries. We invite you to dive into the lives and legacies of these extraordinary individuals who have helped pave the way for progress and equality.</span></span></span></p> <ul> <li><span><span><span><strong>Marin Alsop</strong> - The first woman to serve as head of a major orchestra in the United States, South America, Austria and Britain. Recently appointed Principal Guest Conductor of the Philadelphia Orchestra with numerous other conducting engagements worldwide.</span></span></span></li> <li><span><span><span><strong>Jane Austen</strong> - One of the most famous figures in British history, her novels have gone on to become literary sensations, often intertwining plotlines exploring marriage, status and social sensibility with a distinctive irony. Her works have been adapted many times in plays, films and TV series.</span></span></span></li> <li><span><span><span><strong>Amy Beach </strong>- The first American woman to gain recognition as a classical composer and pianist. Known for orchestral, chamber music, choral and piano works, her Gaelic Symphony was the first symphony by an American woman to be performed by a major orchestra, the Boston Symphony Orchestra, in 1896.  Young Amy was a true prodigy who memorized forty songs at the age of one and taught herself to read at age three.</span></span></span></li> <li><span><span><span><strong>Joan Benoit Samuelson</strong> - In 1984, she became the first female American marathon runner to win a gold medal at the Olympic Games. The record she set at the Chicago Marathon in 1985 remained unbroken among American women for 32 years.</span></span></span></li> <li><span><span><span><strong><span><span>Fanny Brice</span></span></strong><span><span> - An American comedian, singer and actress who made many stage, radio and film appearances. She is known as the creator and star of the top-rated radio comedy series, “The Baby Snooks Show.</span></span>”</span></span></span></li> <li><span><span><span><strong>Tarana Burke</strong> - Known as the founder of the Me Too movement, Burke’s hashtag has been used more than 19 million times on Twitter alone. Burke has been widely recognized for her commitment to the interruption of sexual violence and other systemic issues disproportionately impacting marginalized people, particularly Black women and girls.</span></span></span></li> <li><span><span><span><strong>Rachel Carson</strong> - An American marine biologist, writer and conservationist whose book, <em>Silent Spring,</em> and her other writings are credited with advancing the global environmental movement.</span></span></span></li> <li><span><span><span><strong><span><span>Julia Childs</span></span></strong> - A famous chef, author and television personality who made French food accessible to most Americans. She was one of the first women to host her own television show.</span></span></span></li> <li><span><span><span><strong><span><span>Marie Curie</span></span></strong> - A physicist and chemist who conducted pioneering research on radioactivity. She was the first woman to win a Nobel Prize.</span></span></span></li> <li><span><span><span><strong><span><span>Christine Darden, Mary Jackson, Katherine Johnson and Dorothy Vaughan </span></span></strong><span><span>-<strong> </strong>The mathematicians integral in helping NASA launch rockets and win the “Space Race” of the 1960s at a time when the American space industry was majority white and male. </span></span></span></span></span></li> <li><span><span><span><strong>Emily Dickinson </strong>- An American poet known for her unconventional style and profound exploration of themes like death, nature and the human experience. She lived a reclusive life and produced nearly 1,800 poems, many of which were published posthumously and had a profound impact on American literature. </span></span></span></li> <li><span><span><span><strong>Queen Elizabeth II </strong>- The longest serving British monarch in history, she supported hundreds of charities, modernized the royal family and became the first monarch to visit Ireland in 100 years.</span></span></span></li> <li><span><span><span><strong>Betty Friedan</strong> - An author and activist whose 1963 book, <em>The Feminine Mystique</em>, set in motion a wave of the Women’s Movement. She co-founded the National Organization of Women (NOW).</span></span></span></li> <li><span><span><span><strong>Ruth Bader Ginsburg</strong> - A cultural and feminist icon—and a legend in the legal profession—she was the second woman to ever be appointed a U.S. Supreme Court justice.<strong> </strong>Among her many accomplishments was her work to upend legislation that discriminated based on gender.</span></span></span></li> <li><span><span><span><strong>Jane Goodall </strong>- An English primatologist and anthropologist, Jane is considered the world's foremost expert on chimpanzees. She has spent decades studying the social and family interactions of wild chimpanzees in Tanzania and ran the longest continuous study of chimpanzees in the world. In addition to being a scientist, she is also a naturalist, conservationist, activist, humanitarian and became a UN Messenger of Peace.</span></span></span></li> <li><span><span><span><strong><span><span>Katharine Graham</span></span></strong><span><span> - An American newspaper publisher who presided over the Washington Post as it reported on the </span>Watergate scandal<span>, which eventually led to the resignation of President Richard Nixon. She was the first 20th century female publisher of a major American newspaper and the first woman elected to the board of the Associated Press.</span></span></span></span></span></li> <li><span><span><span><strong>Kamala Harris</strong> - The first woman elected as Vice President of the United States and the highest ranking female elected official in government.</span></span></span></li> <li><span><span><span><strong>Frida Kahlo</strong> - Known for her self-portraits and artworks that emphasize themes of fantastical surrealness, Kahlo is a pop culture icon, her life and work having inspired movies, art installations and books.</span></span></span></li> <li><span><span><span><strong>Dolly Parton </strong>- The most successful female country singer of all time. She is a singer-songwriter, actress, successful businesswoman and philanthropist. Her songs have been on the Billboard Hot Country Songs chart for seven decades and she’s had more number one hits than any other female artist in history.</span></span></span></li> <li><span><span><span><strong>Dr. Sally Ride </strong>- On June 18, 1983, she became the first American woman, and first openly gay astronaut, to fly into space aboard the space shuttle Challenger. Throughout her life, Dr. Ride broke barriers and worked to ensure girls and women were encouraged to do the same.</span></span></span></li> <li><span><span><span><strong>Muriel Siebert </strong>-<strong> </strong>Considered the “first woman of finance” to some, Muriel Siebert became the first woman to have a seat on the New York Stock Exchange in 1967, joining as the only woman among 1,365 male members of the floor. Siebert was a loud voice for equality, having changed jobs numerous times throughout her career due to pay disparity. She opened her own brokerage firm and served as the superintendent of banking in New York in 1977. </span></span></span></li> <li><span><span><span><strong>Gloria Steinem</strong> - An American journalist and social-political activist who emerged as a nationally recognized leader of second-wave feminism in the United States in the late 1960s and early 1970s.</span></span></span></li> <li><span><span><span><strong>Taylor Swift</strong> - One of the world's best-selling musicians, earning 11 number one hits throughout her career. She is the highest grossing touring act, the most-streamed woman and is a 12-time Grammy Award winner.</span></span></span></li> <li><span><span><span><strong>Saint Teresa of Calcutta</strong> (known as Mother Teresa) - A Roman Catholic missionary and nun who devoted her life to helping those most in need. She founded the Missionaries of Charity in India in 1950 and, for over 45 years, she ministered to the poor, sick, orphaned and dying.</span></span></span></li> <li><span><span><span><strong><span><span>Sojourner Truth </span></span></strong><span><span>- An American abolitionist and activist for African American civil rights and wom</span></span>en’s rights.</span></span></span></li> <li><span><span><span><strong>Maggie Lena Walker</strong><strong> </strong>-<strong> </strong>In 1903, she chartered St. Luke’s Penny Savings Bank, becoming the first woman in the U.S. to ever charter a bank. She served as the bank’s president until her death in 1934. Walker was a leading advocate for women and African Americans in the segregated south and founded St. Luke’s as a way to encourage them to harness their economic power through saving. St. Luke’s was one of the few banks to survive the Stock Market Crash of 1929.</span></span></span></li> <li><span><span><span><strong>Janet Yellen </strong>-<strong> </strong>The only woman in American history to lead the U.S. Treasury, the Federal Reserve and the president's Council of Economic Advisers.</span></span></span></li> <li><span><span><span><strong>Malala Yousafzai</strong> - An advocate for the education of girls around the world. She began advocating for girls’ education when she was still a child and became a target of violence after speaking up against the Taliban’s prohibition on girls’ education. Her advocacy has grown into an international movement. She is also the world's youngest Nobel Prize laureate.</span></span></span></li> </ul> <p><em>MKP communications inc. is a New-York based marketing communications agency specializing in merger/change communications for the financial services industry</em></p></div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field--text-with-summary.html.twig' --> </div> <div class="group-right"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--field-blog-category--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--field-blog-category.html.twig * field--default--field-blog-category--blog-post.html.twig * field--default--blog-post.html.twig * field--default--field-blog-category.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--field-blog-category--blog-post.html.twig * field--node--field-blog-category.html.twig * field--node--blog-post.html.twig * field--field-blog-category.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <div class="field field--name-field-blog-category field--type-entity-reference field--label-above"> <div class="field__label">Blog Category</div> <div class='field__items'> <div class="field__item"><a href="/taxonomy/term/47" hreflang="en">history</a></div> <div class="field__item"><a href="/taxonomy/term/40" hreflang="en">current events</a></div> </div> </div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> </div> <div class="group-footer"> </div> </div> <!-- END OUTPUT from 'modules/contrib/ds/templates/ds-2col-stacked.html.twig' --> <!-- END OUTPUT from 'modules/contrib/ds/templates/ds-entity-view.html.twig' --> Fri, 01 Mar 2024 14:51:11 +0000 jackie 289 at https://mkpteam.com 29 Legendary Black Americans for the 29 Days of Black History Month https://mkpteam.com/blog/29-legendary-black-americans-29-days-black-history-month <!-- THEME DEBUG --> <!-- THEME HOOK: 'ds_entity_view' --> <!-- BEGIN OUTPUT from 'modules/contrib/ds/templates/ds-entity-view.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'ds_2col_stacked' --> <!-- FILE NAME SUGGESTIONS: * ds-2col-stacked--node--288.html.twig * ds-2col-stacked--node-blog-post-rss.html.twig * ds-2col-stacked--node-blog-post.html.twig * ds-2col-stacked--node-rss.html.twig * ds-2col-stacked--node.html.twig x ds-2col-stacked.html.twig x ds-2col-stacked.html.twig --> <!-- BEGIN OUTPUT from 'modules/contrib/ds/templates/ds-2col-stacked.html.twig' --> <div data-history-node-id="288" class="node node--type-blog-post node--view-mode-rss ds-2col-stacked clearfix"> <div class="group-header"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'links__node' --> <!-- FILE NAME SUGGESTIONS: * links--node.html.twig x links--inline.html.twig * links--node.html.twig * links.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/navigation/links--inline.html.twig' --> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/navigation/links--inline.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--field-display-title--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--field-display-title.html.twig * field--default--field-display-title--blog-post.html.twig * field--default--blog-post.html.twig * field--default--field-display-title.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--field-display-title--blog-post.html.twig * field--node--field-display-title.html.twig * field--node--blog-post.html.twig * field--field-display-title.html.twig * field--string.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <div class="field field--name-field-display-title field--type-string field--label-hidden field__item"><h2><a href="/blog/29-legendary-black-americans-29-days-black-history-month" hreflang="en">29 Legendary Black Americans for the 29 Days of Black History Month</a></h2> </div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--field-blog-publish-date--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--field-blog-publish-date.html.twig * field--default--field-blog-publish-date--blog-post.html.twig * field--default--blog-post.html.twig * field--default--field-blog-publish-date.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--field-blog-publish-date--blog-post.html.twig * field--node--field-blog-publish-date.html.twig * field--node--blog-post.html.twig * field--field-blog-publish-date.html.twig * field--datetime.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <div class="field field--name-field-blog-publish-date field--type-datetime field--label-hidden field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'time' --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/time.html.twig' --> <time datetime="2024-02-29T12:00:00Z" class="datetime">Thursday, February 29, 2024</time> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/time.html.twig' --> </div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> </div> <div class="group-left"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--field-blog-main-image--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--field-blog-main-image.html.twig * field--default--field-blog-main-image--blog-post.html.twig * field--default--blog-post.html.twig * field--default--field-blog-main-image.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--field-blog-main-image--blog-post.html.twig * field--node--field-blog-main-image.html.twig * field--node--blog-post.html.twig * field--field-blog-main-image.html.twig * field--image.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <div class="field field--name-field-blog-main-image field--type-image field--label-hidden field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'responsive_image_formatter' --> <!-- BEGIN OUTPUT from 'core/modules/responsive_image/templates/responsive-image-formatter.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'responsive_image' --> <!-- BEGIN OUTPUT from 'core/modules/responsive_image/templates/responsive-image.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'image' --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/image.html.twig' --> <img srcset="/sites/default/files/styles/max_325x325/public/2024-02/MKP_BHM2024_29BlackAmericanLegends_1200x630.jpg?itok=KHIxtJmG 325w, /sites/default/files/styles/max_650x650/public/2024-02/MKP_BHM2024_29BlackAmericanLegends_1200x630.jpg?itok=i2iB4_wD 650w, /sites/default/files/styles/max_1300x1300/public/2024-02/MKP_BHM2024_29BlackAmericanLegends_1200x630.jpg?itok=brtl62W7 1300w, /sites/default/files/styles/max_2600x2600/public/2024-02/MKP_BHM2024_29BlackAmericanLegends_1200x630.jpg?itok=Vkvapg54 2600w" sizes="(min-width: 1290px) 1290px, 100vw" src="/sites/default/files/styles/max_325x325/public/2024-02/MKP_BHM2024_29BlackAmericanLegends_1200x630.jpg?itok=KHIxtJmG" alt="Collage of 29 legendary Black Americans included in this blog" typeof="foaf:Image" /> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/image.html.twig' --> <!-- END OUTPUT from 'core/modules/responsive_image/templates/responsive-image.html.twig' --> <!-- END OUTPUT from 'core/modules/responsive_image/templates/responsive-image-formatter.html.twig' --> </div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--body--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--body.html.twig * field--default--body--blog-post.html.twig * field--default--blog-post.html.twig * field--default--body.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--body--blog-post.html.twig * field--node--body.html.twig * field--node--blog-post.html.twig * field--body.html.twig x field--text-with-summary.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field--text-with-summary.html.twig' --> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>For Black History Month 2024, MKP compiled a list of Black American icons whose incredible contributions have shaped history. Throughout the month, we shared their inspiring stories, celebrating their enduring legacies. Without further ado, here's the full list:</p> <ul> <li><span><span><span><strong>Hank Aaron</strong> - Best known for breaking Babe Ruth’s long-standing home run record when he hit his 715th home run in 1974, Aaron was also an outspoken civil rights advocate.</span></span></span></li> <li><span><span><span><strong>Marian Anderson </strong>- Legendary contralto who sang on the steps of the Lincoln Memorial in 1939 to over 75,000 audience members. She was the first Black singer to perform at the Metropolitan Opera in New York.</span></span></span></li> <li><span><span><span><strong>Maya Angelou</strong> - American poet, memoirist and civil rights activist whose works are considered a celebration of Black culture.</span></span></span></li> <li><span><span><span><strong>Beyonce</strong> - Dubbed "Queen Bey," she is a prominent cultural figure of the 21st century; Rolling Stone named her one of the greatest vocalists of all time.</span></span></span></li> <li><span><span><span><strong>Simone Biles </strong>- The most decorated American gymnast in history, she is widely considered one of the greatest gymnasts of all time.</span></span></span></li> <li><span><span><span><strong>George Washington Carver</strong> - An American agricultural scientist and inventor who promoted alternative crops to cotton and methods to prevent soil depletion. He was one of the most prominent black scientists of the early 20th century.<strong> </strong></span></span></span></li> <li><span><span><span><strong>Shirley Chisholm</strong> - The first African American woman to serve in the United States Congress. She fought for equal rights for women, minorities, immigrants and the poor.</span></span></span></li> <li><span><span><span><strong>Jasmine Crockett </strong>- An American lawyer and politician serving as a Congresswoman in Texas’s 30th Congressional district.</span></span></span></li> <li><span><span><span><strong><span>Aretha Franklin</span></strong> <span>- American singer, songwriter and pianist, referred to as the “Queen of soul.”</span></span></span></span></li> <li><span><span><span><strong><span>Amanda Gorman</span></strong> <span>- Award-winning writer and the youngest inaugural poet in U.S. history.</span></span></span></span></li> <li><span><span><span><strong>Jimi Hendrix</strong> - Altered the course of popular music and became one of the most successful and influential musicians of all time.</span></span></span></li> <li><span><span><span><strong><span>Billie Holiday</span></strong> <span>- Musical legend known for her deeply moving vocal style. She popularized of one of the first protest songs of the Civil Rights Movement, the haunting “Strange Fruit.”</span></span></span></span></li> <li><span><span><span><strong>Langston Hughes</strong> – An author and poet, he was one of the leading figures of the Harlem Renaissance.</span></span></span></li> <li><span><span><span><strong>Michael Jordan</strong> - Regarded by many as the greatest basketball player of all-time, Michael Jordan won six titles with the Chicago Bulls. He helped popularize basketball and the NBA around the globe.</span></span></span></li> <li><span><span><span><strong>Ann Lowe </strong>– The granddaughter of a former slave, she became one of the first famous African American fashion designers, creating elegant formal wear for women in the 1950s-1960s.</span></span></span></li> <li><span><span><span><strong><span lang="EN" xml:lang="EN" xml:lang="EN"><span>Wynton Marsalis</span></span></strong> <span lang="EN" xml:lang="EN" xml:lang="EN"><span>– </span></span><span><span>A world-renowned trumpeter, bandleader, composer and music educator, he </span></span><span lang="EN" xml:lang="EN" xml:lang="EN"><span>was the first jazz musician to ever receive the Pulitzer Prize for Music</span></span><span><span>.</span></span></span></span></span></li> <li><span><span><span><strong>Thurgood Marshall</strong> - A distinguished attorney, he litigated the landmark Supreme Court case, Brown vs. Board of Education, which successfully challenged school segregation. His pivotal role advocating civil rights led to his historic appointment as the first African American justice on the Supreme Court.</span></span></span></li> <li><span><span><span><strong>Jean Michel-Basquiat </strong>- A neo-expressionist artist from the 1980s, his art encompasses themes of racism, classism, colonialism and other power structures, and their effects on U.S. society.</span></span></span></li> <li><span><span><span><strong>The Notorious B.I.G</strong>. - American rapper rooted in East Coast hip hop, widely considered one of the greatest rappers of all time.</span></span></span></li> <li><span><span><span><strong>Toni Morrison </strong>- The first African American woman to win the Nobel Prize in Literature.</span></span></span></li> <li><span><span><span><strong>Barack Obama </strong>- The 44th President of the United States and first African American to hold the position.</span></span></span></li> <li><span><span><span><strong><span>Michelle Obama</span></strong><span> - <span>The first African American First Lady of the United States. </span><span>She became a role model for women, focused on supporting military families and worked towards ending childhood obesity.</span></span></span></span></span></li> <li><span><span><span><strong>Rosa Parks</strong> - Called “the mother of the civil rights movement,” Rosa Parks is best known for her pivotal role in the Montgomery bus boycott when she refused to give up her bus seat to a white man in 1955.</span></span></span></li> <li><span><span><span><strong>Jackie Robinson </strong>– The first Black Major League Baseball player, responsible for breaking “the color barrier” in 1947.</span></span></span></li> <li><span><span><span><strong>Henry Taylor </strong>- L.A.-based painter known for captivating portraits weaving together poignant themes in a uniquely socially conscious, empathic body of work.</span></span></span></li> <li><span><span><span><strong>Harriet Tubman </strong>- Abolitionist and the most famous “conductor” along the Underground Railroad.</span></span></span></li> <li><span><span><span><strong>Alice Walker </strong><span><span><span><span>- </span></span></span></span>The first African American woman to win the Pulitzer Prize for Fiction, which she was awarded for her novel, <em>The Color Purple</em>.</span></span></span></li> <li><span><span><span><strong>Serena Williams</strong> - Considered the greatest women’s tennis player of all time with 23 Grand Slam titles.</span></span></span></li> <li><span><span><span><strong><span>Oprah Winfrey</span></strong> <span>- <span>An American talk show host, television producer, actress, author, media proprietor, entrepreneur and philanthropist, focused on education. She is North America's first Black multi-billionaire.</span></span></span></span></span></li> </ul> <p><em>MKP communications inc. is a New-York based marketing communications agency specializing in merger/change communications for the financial services industry</em></p></div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field--text-with-summary.html.twig' --> </div> <div class="group-right"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--field-blog-category--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--field-blog-category.html.twig * field--default--field-blog-category--blog-post.html.twig * field--default--blog-post.html.twig * field--default--field-blog-category.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--field-blog-category--blog-post.html.twig * field--node--field-blog-category.html.twig * field--node--blog-post.html.twig * field--field-blog-category.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <div class="field field--name-field-blog-category field--type-entity-reference field--label-above"> <div class="field__label">Blog Category</div> <div class='field__items'> <div class="field__item"><a href="/taxonomy/term/48" hreflang="en">Black History Month</a></div> <div class="field__item"><a href="/taxonomy/term/47" hreflang="en">history</a></div> <div class="field__item"><a href="/taxonomy/term/49" hreflang="en">equity</a></div> </div> </div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> </div> <div class="group-footer"> </div> </div> <!-- END OUTPUT from 'modules/contrib/ds/templates/ds-2col-stacked.html.twig' --> <!-- END OUTPUT from 'modules/contrib/ds/templates/ds-entity-view.html.twig' --> Tue, 27 Feb 2024 16:56:30 +0000 jackie 288 at https://mkpteam.com Striving for Equity: The Legacy of “The Banker” in Today's Financial Landscape https://mkpteam.com/blog/striving-equity-legacy-banker-todays-financial-landscape <!-- THEME DEBUG --> <!-- THEME HOOK: 'ds_entity_view' --> <!-- BEGIN OUTPUT from 'modules/contrib/ds/templates/ds-entity-view.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'ds_2col_stacked' --> <!-- FILE NAME SUGGESTIONS: * ds-2col-stacked--node--285.html.twig * ds-2col-stacked--node-blog-post-rss.html.twig * ds-2col-stacked--node-blog-post.html.twig * ds-2col-stacked--node-rss.html.twig * ds-2col-stacked--node.html.twig x ds-2col-stacked.html.twig x ds-2col-stacked.html.twig --> <!-- BEGIN OUTPUT from 'modules/contrib/ds/templates/ds-2col-stacked.html.twig' --> <div data-history-node-id="285" class="node node--type-blog-post node--view-mode-rss ds-2col-stacked clearfix"> <div class="group-header"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'links__node' --> <!-- FILE NAME SUGGESTIONS: * links--node.html.twig x links--inline.html.twig * links--node.html.twig * links.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/navigation/links--inline.html.twig' --> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/navigation/links--inline.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--field-display-title--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--field-display-title.html.twig * field--default--field-display-title--blog-post.html.twig * field--default--blog-post.html.twig * field--default--field-display-title.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--field-display-title--blog-post.html.twig * field--node--field-display-title.html.twig * field--node--blog-post.html.twig * field--field-display-title.html.twig * field--string.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <div class="field field--name-field-display-title field--type-string field--label-hidden field__item"><h2><a href="/blog/striving-equity-legacy-banker-todays-financial-landscape" hreflang="en">Striving for Equity: The Legacy of “The Banker” in Today&#039;s Financial Landscape</a></h2> </div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--field-blog-publish-date--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--field-blog-publish-date.html.twig * field--default--field-blog-publish-date--blog-post.html.twig * field--default--blog-post.html.twig * field--default--field-blog-publish-date.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--field-blog-publish-date--blog-post.html.twig * field--node--field-blog-publish-date.html.twig * field--node--blog-post.html.twig * field--field-blog-publish-date.html.twig * field--datetime.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <div class="field field--name-field-blog-publish-date field--type-datetime field--label-hidden field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'time' --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/time.html.twig' --> <time datetime="2024-02-09T12:00:00Z" class="datetime">Friday, February 9, 2024</time> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/time.html.twig' --> </div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> </div> <div class="group-left"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--field-blog-main-image--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--field-blog-main-image.html.twig * field--default--field-blog-main-image--blog-post.html.twig * field--default--blog-post.html.twig * field--default--field-blog-main-image.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--field-blog-main-image--blog-post.html.twig * field--node--field-blog-main-image.html.twig * field--node--blog-post.html.twig * field--field-blog-main-image.html.twig * field--image.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <div class="field field--name-field-blog-main-image field--type-image field--label-hidden field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'responsive_image_formatter' --> <!-- BEGIN OUTPUT from 'core/modules/responsive_image/templates/responsive-image-formatter.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'responsive_image' --> <!-- BEGIN OUTPUT from 'core/modules/responsive_image/templates/responsive-image.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'image' --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/image.html.twig' --> <img srcset="/sites/default/files/styles/max_325x325/public/2024-02/MKP_Banker_cropped.jpg?itok=v6ILdyPD 325w, /sites/default/files/styles/max_650x650/public/2024-02/MKP_Banker_cropped.jpg?itok=Abdsdh24 650w, /sites/default/files/styles/max_1300x1300/public/2024-02/MKP_Banker_cropped.jpg?itok=Hao9AeF4 1300w, /sites/default/files/styles/max_2600x2600/public/2024-02/MKP_Banker_cropped.jpg?itok=UK22bOHs 2600w" sizes="(min-width: 1290px) 1290px, 100vw" src="/sites/default/files/styles/max_325x325/public/2024-02/MKP_Banker_cropped.jpg?itok=v6ILdyPD" alt="Image that reads, Striving for Equity: The Legacy of “The Banker”" typeof="foaf:Image" /> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/image.html.twig' --> <!-- END OUTPUT from 'core/modules/responsive_image/templates/responsive-image.html.twig' --> <!-- END OUTPUT from 'core/modules/responsive_image/templates/responsive-image-formatter.html.twig' --> </div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--body--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--body.html.twig * field--default--body--blog-post.html.twig * field--default--blog-post.html.twig * field--default--body.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--body--blog-post.html.twig * field--node--body.html.twig * field--node--blog-post.html.twig * field--body.html.twig x field--text-with-summary.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field--text-with-summary.html.twig' --> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><em><span><span><span><span>By Laura DeLaCruz, Senior Project Manager and Director of Business Development</span></span></span></span></em></p> <p><span><span><span><span>February marks Black History Month, a time to honor the achievements and struggles of Black </span></span><span><span>and African </span></span><span><span>Americans throughout history. It is important</span></span><span><span> to reflect on the strides made towards equality and empowerment within various sectors, including banking. I recently rewatched the 2020 movie "The Banker" and was inspired by how it explores the challenges faced by Black Americans in the world of finance and the impactful changes brought about by two visionary Black entrepreneurs.</span></span></span></span></p> <p><span><span><span><span>"The Banker" is based on the true story of Bernard Garrett and Joe Morris and the film is set against the backdrop of the <span>racially charged 1950s and 60s, showcasing the discrimination Black Americans faced in everyday life. Garrett and Morris, determined to break down these barriers, devise a plan to navigate the racially biased banking system by employing a white man, Matt Steiner, as the “face” of their enterprise.</span></span></span></span></span></p> <p><span><span><span><span>One of the key aspects the movie </span></span><span><span>explores is the historical reality of redlining, where banks denied loans to </span></span><span><span>residents of predominantly </span></span><span><span>Black neighborhoods, perpetuating economic inequality, and hindering the creation of wealth within Black families and communities.</span></span><span><span> The film portrays the resilience of Garrett and Morris as they strategize and overcome obstacles to realize their dream of providing financial services to their community.<span> At one point, their company owned 177 multi-unit residential properties (many of them in white Los Angeles neighborhoods), the “Banker’s Building” in downtown L.A. and two banks in Texas.</span></span></span></span></span></p> <p><span><span><span><span>Beyond the historical context, "The Banker" prompts us to reflect on the current state of banking for people of color. While progress has been made since the 1960s, </span></span><span><span>including the 1968 passage of the Fair Housing Act and the 1977 passage of the Community Reinvestment Act, </span></span><span><span>racial disparities in access to credit and financial services persist. </span></span><span><span>For example, among business applicants who sought loans, lines of credit and cash advances in 2022, Black-owned businesses were the least likely to be fully approved (20 percent approval rate versus 58 percent for white-owned businesses).</span></span></span></span>¹<span><span><span><span> And there are still large gaps in homeownership by race: in Q3 2023, only 45.5 percent of Black Americans owned their home² vs 74.5 percent of non-Hispanic white Americans.</span></span></span></span>³</p> <p><span><span><span><span>All this prompts us to ask: How can we <span>promote economic equality and inclusive financial opportunities</span> for Black Americans today? Here are some suggestions.</span></span></span></span></p> <ol> <li><span><span><span><strong><span><span>Increase access to affordable banking and financial services:</span></span></strong> </span></span></span></li> </ol> <ul> <li><span><span><span>Advocate the availability of banking services in underserved communities.</span></span></span></li> <li><span><span><span>Encourage the development of affordable and accessible financial products. In recent years, many banks have added free checking accounts to their product lineup and have reduced overdraft fees—although this may reduce fee revenue for banks, it is a win for consumers.</span></span></span></li> </ul> <ol start="2"> <li><span><span><span><strong><span><span>Provide financial education:</span></span></strong> </span></span></span></li> </ol> <ul> <li><span><span><span><span>Implement comprehensive financial education programs in schools and communities. Knowledge is power: financial education can help improve credit scores, lower loan delinquency rates and reduce the use of high-interest payday loans.</span></span></span></span></li> </ul> <ol start="3"> <li><span><span><span><strong><span><span>Support minority-owned businesses:</span></span></strong></span></span></span></li> </ol> <ul> <li><span><span><span><span>Be intentional about shopping at Black-owned businesses. As business owners, people of color can establish financial independence and provide employment opportunities for others in their communities. </span></span></span></span></li> <li><span><span><span><span>Financial institutions can play a pivotal role by offering targeted loans and networking opportunities to help Black entrepreneurs establish and grow their businesses.</span></span></span></span></li> </ul> <ol start="4"> <li><span><span><span><strong><span><span>Foster collaboration and mentorship:</span></span></strong></span></span></span></li> </ol> <ul> <li><span><span><span><span>Create supportive environments that address the unique challenges faced by Black Americans, including racism, underrepresentation and limited access to capital and resources.</span></span></span></span></li> <li><span><span><span><span>Bridge the knowledge gap by encouraging collaboration between established professionals and aspiring entrepreneurs. Mentorship programs allows experienced professionals to share their expertise, industry insights and practical knowledge.</span></span></span></span></li> </ul> <ol start="5"> <li><span><span><span><strong><span><span>Dismantle systemic bias:</span></span></strong> </span></span></span></li> </ol> <ul> <li><span><span><span><span>Implement comprehensive educational programs, in schools and in the workplace, that promote awareness of systemic biases, discrimination and privilege.</span></span></span></span></li> <li><span><span><span><span>Encourage organizations to adopt fair hiring practices, diverse leadership and inclusive decision-making processes.</span></span></span></span></li> </ul> <p><span><span><span><span><span>This Black History Month, we should acknowledge the ongoing work towards ensuring equal access to the tools and resources needed for financial security and prosperity. Inspired by the resilience of pioneers like Bernard Garrett and Joe Morris, we need to strive for a financial landscape where opportunities are abundant, barriers are dismantled and economic empowerment is a reality for all.</span></span></span></span></span></p> <p><span><span><em><span><span><span>MKP communications inc. is a New-York based marketing communications agency specializing in merger/change communications for the financial services industry</span></span></span></em></span></span></p> <p>¹<span><span> <a href="http://fedsmallbusiness.org/survey/2023/report-on-employer-firms"><span><span>fedsmallbusiness.org/survey/2023/report-on-employer-firms</span></span></a></span></span><br /> <span><span><span><span>²</span></span> <a href="http://fred.stlouisfed.org/series/BOAAAHORUSQ156N"><span><span>fred.stlouisfed.org/series/BOAAAHORUSQ156N</span></span></a></span></span><br /> ³<span><span><span><span> </span></span><a href="https://fred.stlouisfed.org/series/NHWAHORUSQ156N"><span><span>fred.stlouisfed.org/series/NHWAHORUSQ156N</span></span></a></span></span></p></div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field--text-with-summary.html.twig' --> </div> <div class="group-right"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--field-blog-category--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--field-blog-category.html.twig * field--default--field-blog-category--blog-post.html.twig * field--default--blog-post.html.twig * field--default--field-blog-category.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--field-blog-category--blog-post.html.twig * field--node--field-blog-category.html.twig * field--node--blog-post.html.twig * field--field-blog-category.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <div class="field field--name-field-blog-category field--type-entity-reference field--label-above"> <div class="field__label">Blog Category</div> <div class='field__items'> <div class="field__item"><a href="/taxonomy/term/48" hreflang="en">Black History Month</a></div> <div class="field__item"><a href="/taxonomy/term/47" hreflang="en">history</a></div> <div class="field__item"><a href="/taxonomy/term/49" hreflang="en">equity</a></div> <div class="field__item"><a href="/taxonomy/term/36" hreflang="en">banking industry</a></div> </div> </div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> </div> <div class="group-footer"> </div> </div> <!-- END OUTPUT from 'modules/contrib/ds/templates/ds-2col-stacked.html.twig' --> <!-- END OUTPUT from 'modules/contrib/ds/templates/ds-entity-view.html.twig' --> Fri, 09 Feb 2024 16:11:50 +0000 jackie 285 at https://mkpteam.com The Significance of Putting Women on U.S. Currency https://mkpteam.com/blog/significance-putting-women-us-currency <!-- THEME DEBUG --> <!-- THEME HOOK: 'ds_entity_view' --> <!-- BEGIN OUTPUT from 'modules/contrib/ds/templates/ds-entity-view.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'ds_2col_stacked' --> <!-- FILE NAME SUGGESTIONS: * ds-2col-stacked--node--263.html.twig * ds-2col-stacked--node-blog-post-rss.html.twig * ds-2col-stacked--node-blog-post.html.twig * ds-2col-stacked--node-rss.html.twig * ds-2col-stacked--node.html.twig x ds-2col-stacked.html.twig x ds-2col-stacked.html.twig --> <!-- BEGIN OUTPUT from 'modules/contrib/ds/templates/ds-2col-stacked.html.twig' --> <div data-history-node-id="263" class="node node--type-blog-post node--view-mode-rss ds-2col-stacked clearfix"> <div class="group-header"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'links__node' --> <!-- FILE NAME SUGGESTIONS: * links--node.html.twig x links--inline.html.twig * links--node.html.twig * links.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/navigation/links--inline.html.twig' --> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/navigation/links--inline.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--field-display-title--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--field-display-title.html.twig * field--default--field-display-title--blog-post.html.twig * field--default--blog-post.html.twig * field--default--field-display-title.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--field-display-title--blog-post.html.twig * field--node--field-display-title.html.twig * field--node--blog-post.html.twig * field--field-display-title.html.twig * field--string.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <div class="field field--name-field-display-title field--type-string field--label-hidden field__item"><h2><a href="/blog/significance-putting-women-us-currency" hreflang="en">The Significance of Putting Women on U.S. Currency</a></h2> </div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--field-blog-publish-date--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--field-blog-publish-date.html.twig * field--default--field-blog-publish-date--blog-post.html.twig * field--default--blog-post.html.twig * field--default--field-blog-publish-date.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--field-blog-publish-date--blog-post.html.twig * field--node--field-blog-publish-date.html.twig * field--node--blog-post.html.twig * field--field-blog-publish-date.html.twig * field--datetime.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <div class="field field--name-field-blog-publish-date field--type-datetime field--label-hidden field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'time' --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/time.html.twig' --> <time datetime="2022-09-29T12:00:00Z" class="datetime">Thursday, September 29, 2022</time> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/time.html.twig' --> </div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> </div> <div class="group-left"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--field-blog-main-image--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--field-blog-main-image.html.twig * field--default--field-blog-main-image--blog-post.html.twig * field--default--blog-post.html.twig * field--default--field-blog-main-image.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--field-blog-main-image--blog-post.html.twig * field--node--field-blog-main-image.html.twig * field--node--blog-post.html.twig * field--field-blog-main-image.html.twig * field--image.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <div class="field field--name-field-blog-main-image field--type-image field--label-hidden field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'responsive_image_formatter' --> <!-- BEGIN OUTPUT from 'core/modules/responsive_image/templates/responsive-image-formatter.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'responsive_image' --> <!-- BEGIN OUTPUT from 'core/modules/responsive_image/templates/responsive-image.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'image' --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/image.html.twig' --> <img srcset="/sites/default/files/styles/max_325x325/public/2022-09/WomenCurrency_1200x630_01_0.jpg?itok=YBxsfFMH 325w, /sites/default/files/styles/max_650x650/public/2022-09/WomenCurrency_1200x630_01_0.jpg?itok=M2IAoKDB 650w, /sites/default/files/styles/max_1300x1300/public/2022-09/WomenCurrency_1200x630_01_0.jpg?itok=ubAcWwc4 1300w, /sites/default/files/styles/max_2600x2600/public/2022-09/WomenCurrency_1200x630_01_0.jpg?itok=TnAMK_s7 2600w" sizes="(min-width: 1290px) 1290px, 100vw" src="/sites/default/files/styles/max_325x325/public/2022-09/WomenCurrency_1200x630_01_0.jpg?itok=YBxsfFMH" alt="Image of ambiguous historical woman with words &quot;The Significance of Putting Women on Currency&quot;" typeof="foaf:Image" /> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/image.html.twig' --> <!-- END OUTPUT from 'core/modules/responsive_image/templates/responsive-image.html.twig' --> <!-- END OUTPUT from 'core/modules/responsive_image/templates/responsive-image-formatter.html.twig' --> </div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--body--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--body.html.twig * field--default--body--blog-post.html.twig * field--default--blog-post.html.twig * field--default--body.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--body--blog-post.html.twig * field--node--body.html.twig * field--node--blog-post.html.twig * field--body.html.twig x field--text-with-summary.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field--text-with-summary.html.twig' --> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><em>By Jackie Berkoff, Assistant Project Manager</em></p> <p><span><span><span>Representation is important for a number of reasons; most notably, to show you that your possibilities are limitless—to remind you that you, too, can do anything you set your mind to. U.S. history has a tendency to highly represent men, especially those deemed pivotal in the founding of this country. It would be easy for little boys to look around (at statues, building names and, yes, currency) and see themselves in the historical men being honored. However, this has not been the case for girls.</span></span></span></p> <p><span><span><span><strong>The Impact of Women and Girls’ Representation on Currency</strong></span></span></span></p> <p><span><span><span>Currency is woven into the fabric of our daily lives. When young boys look down at a dollar or coin before making a purchase, they see themselves physically represented on the currency. They see the faces of men just like them being honored. Does our Department of the Treasury mean to imply that only the contributions of men are worth celebrating? When women and young girls exclusively see men (and only white men) on currency, it delivers a message that men are more valued and respected in this country than women are. Conversely, when women are represented on currency, it serves as an acknowledgement from the highest institutional powers to all individuals who use that money that the contributions of women to our nation are significant.</span></span></span></p> <p><span><span><span>The debut of more women on currency would have a tremendous impact on young girls. The seemingly simple decision to include women on coins and bills will empower young girls to explore the possibilities their futures hold. And the effect will not be limited to young girls: all people will be able to see in the faces on their money that women are capable of immense achievements, which, though not a controversial idea, is one that historically has not always been accepted. As a developed country striving to live up to the ideals of the ‘American Dream,’ in this respect, we fall woefully short in reminding women that they can follow theirs, too.</span></span></span></p> <p><br /> <span><span><span><strong>The Success of the American Women Quarters Program</strong></span></span></span></p> <p><span><span><span>Following increased lobbying for women’s representation on U.S. currency, which started during the Obama administration, there has been increased acceptance of the need to enshrine women’s faces on money. The American Women Quarters Program is a four-year program aimed to celebrate the contributions and accomplishments of women. Through 2025, the U.S. Mint aims to issue up to five designs annually. The quarters issued by the program will feature women from various fields, including space, arts, government, humanities, suffrage, abolition and civil rights. Women from racially, ethnically and geographically diverse backgrounds will be honored.</span></span></span></p> <p><span><span><span>The first few women to appear on quarters via the American Women Quarters Program include Maya Angelou, a celebrated social activist, performer and writer, and Dr. Sally Ride, the first American woman astronaut and physicist to go to space. Additionally, Wilma Mankiller, the first woman elected principal chief of the Cherokee nation, Nina Otero-Warren, the leader of New Mexico’s suffrage movement, and Anna May Wong, the first Chinese American film star in Hollywood, will also appear on quarters.</span></span></span></p> <p><br /> <span><span><span><strong>Harriet Tubman on the Twenty-Dollar Bill</strong></span></span></span></p> <p><span><span><span>Historically, there have been almost no women or minorities on U.S. currency. However, the demographics of our country have changed, and it is important to reflect this reality on cash, which is arguably the one tangible thing that everyone in the country interacts with daily. In short, our bills depict an America that doesn't exist anymore.</span></span></span></p> <p><span><span><span>During the Obama administration, the Treasury Department decided to replace Andrew Jackson’s picture on the twenty-dollar bill with Harriet Tubman. This action represented a pivotal moment in the movement to represent women on U.S. currency. However, the Trump administration delayed the process of printing the Tubman bill, citing counterfeiting concerns (that many experts claim are unfounded). The delay in creating and distributing the Harriet Tubman twenty-dollar bill sends an unmistakable message to women, girls and communities of color; that honoring the tainted legacy of similarly privileged white, male leaders is more important than overcoming clearly surmountable concerns about counterfeiting.</span></span></span></p> <p><span><span><span>Our nation’s history is rich with women's contributions. Women have been instrumental in shaping the world we live in now, but even when women have achieved incredible things, their accomplishments are still largely overlooked. The faces of our currency should reflect the people who have contributed to America's success. By putting American heroines on U.S currency, we would be creating more public awareness about the accomplishments of women, promoting gender equality and inspiring national change through monetary change.</span></span></span></p> <p><em>Related: <a href="/node/96" target="_blank">MKP's Director of Video Production</a> partnered with <a href="https://www.womenon20s.org/">Women on 20s</a>, an advocacy organization focused on getting women onto U.S. currency, to develop viral videos to support the cause. Watch the videos:</em><br /> <br /> <em><a href="https://vimeo.com/151581873">Dear Mr. President</a></em><br /> <em><a href="https://vimeo.com/151585180">Children Looking for Woman on 20s</a><br /> <span><span><span><a href="https://vimeo.com/151586806">Reveal of 4 Candidates</a></span></span></span></em></p> <p><em>MKP communications inc. is a New York City-based communications company specializing in financial services marketing and merger/change communication.</em></p> </div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field--text-with-summary.html.twig' --> </div> <div class="group-right"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--field-blog-category--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--field-blog-category.html.twig * field--default--field-blog-category--blog-post.html.twig * field--default--blog-post.html.twig * field--default--field-blog-category.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--field-blog-category--blog-post.html.twig * field--node--field-blog-category.html.twig * field--node--blog-post.html.twig * field--field-blog-category.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <div class="field field--name-field-blog-category field--type-entity-reference field--label-above"> <div class="field__label">Blog Category</div> <div class='field__items'> <div class="field__item"><a href="/taxonomy/term/40" hreflang="en">current events</a></div> <div class="field__item"><a href="/taxonomy/term/49" hreflang="en">equity</a></div> <div class="field__item"><a href="/taxonomy/term/47" hreflang="en">history</a></div> </div> </div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> </div> <div class="group-footer"> </div> </div> <!-- END OUTPUT from 'modules/contrib/ds/templates/ds-2col-stacked.html.twig' --> <!-- END OUTPUT from 'modules/contrib/ds/templates/ds-entity-view.html.twig' --> Thu, 29 Sep 2022 15:49:43 +0000 max 263 at https://mkpteam.com Why America Needs More Black-Owned Banks Now https://mkpteam.com/blog/why-america-needs-more-black-owned-banks-now <!-- THEME DEBUG --> <!-- THEME HOOK: 'ds_entity_view' --> <!-- BEGIN OUTPUT from 'modules/contrib/ds/templates/ds-entity-view.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'ds_2col_stacked' --> <!-- FILE NAME SUGGESTIONS: * ds-2col-stacked--node--229.html.twig * ds-2col-stacked--node-blog-post-rss.html.twig * ds-2col-stacked--node-blog-post.html.twig * ds-2col-stacked--node-rss.html.twig * ds-2col-stacked--node.html.twig x ds-2col-stacked.html.twig x ds-2col-stacked.html.twig --> <!-- BEGIN OUTPUT from 'modules/contrib/ds/templates/ds-2col-stacked.html.twig' --> <div data-history-node-id="229" class="node node--type-blog-post node--view-mode-rss ds-2col-stacked clearfix"> <div class="group-header"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'links__node' --> <!-- FILE NAME SUGGESTIONS: * links--node.html.twig x links--inline.html.twig * links--node.html.twig * links.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/navigation/links--inline.html.twig' --> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/navigation/links--inline.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--field-display-title--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--field-display-title.html.twig * field--default--field-display-title--blog-post.html.twig * field--default--blog-post.html.twig * field--default--field-display-title.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--field-display-title--blog-post.html.twig * field--node--field-display-title.html.twig * field--node--blog-post.html.twig * field--field-display-title.html.twig * field--string.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <div class="field field--name-field-display-title field--type-string field--label-hidden field__item"><h2><a href="/blog/why-america-needs-more-black-owned-banks-now" hreflang="en">Why America Needs More Black-Owned Banks Now</a></h2> </div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--field-blog-publish-date--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--field-blog-publish-date.html.twig * field--default--field-blog-publish-date--blog-post.html.twig * field--default--blog-post.html.twig * field--default--field-blog-publish-date.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--field-blog-publish-date--blog-post.html.twig * field--node--field-blog-publish-date.html.twig * field--node--blog-post.html.twig * field--field-blog-publish-date.html.twig * field--datetime.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <div class="field field--name-field-blog-publish-date field--type-datetime field--label-hidden field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'time' --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/time.html.twig' --> <time datetime="2022-02-01T12:00:00Z" class="datetime">Tuesday, February 1, 2022</time> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/time.html.twig' --> </div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> </div> <div class="group-left"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--field-blog-main-image--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--field-blog-main-image.html.twig * field--default--field-blog-main-image--blog-post.html.twig * field--default--blog-post.html.twig * field--default--field-blog-main-image.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--field-blog-main-image--blog-post.html.twig * field--node--field-blog-main-image.html.twig * field--node--blog-post.html.twig * field--field-blog-main-image.html.twig * field--image.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <div class="field field--name-field-blog-main-image field--type-image field--label-hidden field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'responsive_image_formatter' --> <!-- BEGIN OUTPUT from 'core/modules/responsive_image/templates/responsive-image-formatter.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'responsive_image' --> <!-- BEGIN OUTPUT from 'core/modules/responsive_image/templates/responsive-image.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'image' --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/image.html.twig' --> <img srcset="/sites/default/files/styles/max_325x325/public/2022-02/MKP_BHM_02B.jpg?itok=9Ch4WY_e 325w, /sites/default/files/styles/max_650x650/public/2022-02/MKP_BHM_02B.jpg?itok=auHG74hE 650w, /sites/default/files/styles/max_1300x1300/public/2022-02/MKP_BHM_02B.jpg?itok=px5_7oEc 1200w" sizes="(min-width: 1290px) 1290px, 100vw" src="/sites/default/files/styles/max_325x325/public/2022-02/MKP_BHM_02B.jpg?itok=9Ch4WY_e" alt="Freedman&#039;s Savings Bank on Pennsylvania Avenue in Washington, D.C." typeof="foaf:Image" /> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/image.html.twig' --> <!-- END OUTPUT from 'core/modules/responsive_image/templates/responsive-image.html.twig' --> <!-- END OUTPUT from 'core/modules/responsive_image/templates/responsive-image-formatter.html.twig' --> </div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--body--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--body.html.twig * field--default--body--blog-post.html.twig * field--default--blog-post.html.twig * field--default--body.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--body--blog-post.html.twig * field--node--body.html.twig * field--node--blog-post.html.twig * field--body.html.twig x field--text-with-summary.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field--text-with-summary.html.twig' --> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><span><span><em><span><span>By Maxwell Chalkin, Chief Digital Officer and Senior Project Manager</span></span></em></span></span></p> <p><span><span><span><span>In the year 1865, just after the conclusion of the Civil War, Congress chartered the Freedman’s Savings Bank for newly freed ex-slaves. It was a bank founded with the intention of helping newly freed African Americans achieve financial freedom in addition to freedom from the shackles of slavery. The bank was an initial success, attracting many thousands of Black depositors and millions of dollars in deposits, and opening branches across the country.</span></span></span></span></p> <p><span><span><span><span>Freedman’s Savings Bank was run by white men, and Black Americans were denied the right to be involved in the bank’s decision-making. And what did the white men who ran the bank do? They ran it into the ground. Mismanagement, abuse, fraud (one board member even directed bank funds to his family business) and the volatile economic climate of the day resulted in the bank’s failure in 1874.</span></span></span></span></p> <p><span><span><span><span>Tens of thousands of African Americans had put their faith in the Freedman's Savings and Trust Company. When the bank failed, its depositors (who had been misled to think their deposits were guaranteed by the federal government) suffered a catastrophic financial loss. To this day, depositors and their heirs have only recovered about half of the lost deposits.</span></span></span></span></p> <p><span><span><span><span>Trust in the mainstream banking system by Black Americans was shattered; it would be 14 years before another bank catering specifically to the African American community would emerge. But emerge it did, and, this time, the bank—Capital Bank in Washington, D.C.—was organized and operated by African Americans. By 1906, there were 33 Black-owned banks in America, a figure that has ebbed and flowed over the course of time, tracking the fortunes of the economy and banking industry, and the Black constituencies these banks served. In 2010, there were 36 black-owned banks in the U.S. By 2020, that number had dwindled to 21.</span></span></span></span></p> <p><span><span><span><span>Black banks, especially the early ones, were as focused on serving their communities as they were on turning a profit. They encouraged savings, created programs to help the unemployed, offered home loans with atypically favorable terms and lower interest rates and even supported working-class clientele by staying open later for customers who couldn’t leave work to come into the bank.</span></span></span></span></p> <p><span><span><span><span>Over the years, these banks have provided a ticket to upward mobility for generations of Black Americans who were born into a structurally inequitable system. The racial wealth gap in the United States is vast: according to the Brookings Institution, the average American white family has a net worth of $171,000—almost 10 times more than the average Black family. Black communities are more likely to be poor and have underperforming schools, crumbling infrastructure and inferior access to healthcare. These disparities are the direct result of a cycle of Black poverty that started with America’s dark history of slavery and continues to present day.</span></span></span></span></p> <p><span><span><span><span>Among the most flagrant examples of structural financial discrimination is the history of the Federal Housing Administration (FHA) and its legacy of promoting “redlining.” When the FHA was created as part of FDR’s New Deal and the National Housing Act of 1934, its goal was to make home ownership more affordable by insuring mortgages. People of color were intentionally left out to appease Southern Democratic supporters and secure their votes in Congress.</span></span></span></span></p> <p><span><span><span><span>The mechanism of this de facto segregation policy was underwriting standards discouraging home loans in areas “infiltrat[ed]” by “inharmonious racial or nationality groups.” The government provided a thinly veiled racist rationale: the need to protect taxpayers’ investment, and the investments of white homeowners, against the threat Black neighbors would pose to property values.</span></span></span></span></p> <p><span><span><span><span><span><span>The FHA went on to develop underwriting standards to help lenders, appraisers and real estate professionals identify high-risk areas the FHA wouldn’t insure. Low-risk neighborhoods were predominantly white communities, and high-risk neighborhoods, outlined in red ink on maps, were minority communities. This practice gave rise to the term “redlining” to describe low-income and minority home seekers’ inability to secure loans because they were “redlined” into high-risk categories.</span></span></span></span></span></span></p> <p><span><span><span><span><span><span>The FHA also favored new housing in the suburbs over older urban housing, warning that such properties “have a tendency to accelerate the rate of transition to lower class occupancy.” Moreover, it supported segregation in schools and physical barriers like highways to protect neighborhoods from “adverse influences.”</span></span></span></span></span></span></p> <p><span><span><span><span><span><span>These different forms of redlining methodically cut Black Americans out of the best way American families have had to develop generational wealth: homeownership. Inexpensive, FHA-insured home loans enabled white families to purchase homes in suburban and exurban neighborhoods that ballooned in value over time. These families could make a profit by selling their homes to other white families who also secured competitive mortgages, and they could take cash out of their homes to launch new businesses, renovate their homes or pay for their kids’ educations. And, over time, they could bestow this wealth on their children, and the flywheel repeats.</span></span></span></span></span></span></p> <p><span><span><span><span><span><span>FHA-insured home loans were not available in urban areas. While white families secured cheap mortgages and moved out of the inner cities to the suburbs, Black Americans had no option but to stay. This drained the value of homes in African American neighborhoods where the residents already lacked access to credit to fix aging homes or invest in new businesses. Even well-off Black families struggled to exit urban neighborhoods. In some white communities, exclusionary zoning, neighborhood covenants and deed restrictions prohibited nonwhite occupants. Meanwhile, lower home values and less wealth meant cities had less to invest in schools and physical and social infrastructure. For decades, the cycle of poverty was reinforced in myriad ways—a cycle that continues today.</span></span></span></span></span></span></p> <p><span><span><span><span>It’s undeniable that the last several years have seen America undergo a racial reckoning. Boycotts, protests and other actions against systemic racism have been reverberating around the country, largely in response to high-profile killings of young black men. But systemic racism takes many forms, including financial discrimination and exclusion, the results of which have subjugated generations of black Americans, stymied the development and transfer of family wealth and perpetuated economic disparities that exist to this day.</span></span></span></span></p> <p><span><span><span><span>While Black-owned banks have played and continue to play a vital role incubating and helping grow wealth in Black communities, they simply do not represent a large enough portion of the economy to make a significant difference. Collectively they control just $4.8 billion, less than 1 percent of the nation's banking assets. It is of paramount importance that our local, state and federal governments—and our civic institutions writ large—do a better job of investing in and protecting Black banks and supporting their crucial missions.</span></span></span></span></p> <p> </p> <p><span><span><span><span>Sources:</span></span></span></span></p> <p><span><span><a href="https://www.fedpartnership.gov/minority-banking-timeline/milestones"><span><span>https://www.fedpartnership.gov/minority-banking-timeline/milestones</span></span></a></span></span></p> <p><span><span><a href="https://independentbanker.org/2021/02/black-owned-banks-are-disappearing/"><span><span>https://independentbanker.org/2021/02/black-owned-banks-are-disappearing/</span></span></a></span></span></p> <p><span><span><a href="https://www.blackenterprise.com/black-banks-struggle/"><span><span>https://www.blackenterprise.com/black-banks-struggle/</span></span></a></span></span></p> <p><span><span><a href="https://www.npr.org/2020/07/08/889141681/why-we-need-black-owned-banks"><span><span>https://www.npr.org/2020/07/08/889141681/why-we-need-black-owned-banks</span></span></a></span></span></p> <p><span><span><a href="https://www.washingtonpost.com/opinions/the-new-deal-as-raw-deal-for-blacks-in-segregated-communities/2017/05/25/07416bba-080a-11e7-a15f-a58d4a988474_story.html"><span><span>https://www.washingtonpost.com/opinions/the-new-deal-as-raw-deal-for-blacks-in-segregated-communities/2017/05/25/07416bba-080a-11e7-a15f-a58d4a988474_story.html</span></span></a></span></span></p> <p> </p> <p><span><span><em><span><span>MKP communications inc. is a New York City-based communications company specializing in financial services marketing and merger/change communication.</span></span></em></span></span></p></div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field--text-with-summary.html.twig' --> </div> <div class="group-right"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--default--node--field-blog-category--blog-post.html.twig * field--default--node--blog-post.html.twig * field--default--node--field-blog-category.html.twig * field--default--field-blog-category--blog-post.html.twig * field--default--blog-post.html.twig * field--default--field-blog-category.html.twig * field--default.html.twig * field--theme-ds-field-default.html.twig * field--node--field-blog-category--blog-post.html.twig * field--node--field-blog-category.html.twig * field--node--blog-post.html.twig * field--field-blog-category.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> <div class="field field--name-field-blog-category field--type-entity-reference field--label-above"> <div class="field__label">Blog Category</div> <div class='field__items'> <div class="field__item"><a href="/taxonomy/term/47" hreflang="en">history</a></div> <div class="field__item"><a href="/taxonomy/term/48" hreflang="en">Black History Month</a></div> <div class="field__item"><a href="/taxonomy/term/36" hreflang="en">banking industry</a></div> <div class="field__item"><a href="/taxonomy/term/34" hreflang="en">future of banking</a></div> <div class="field__item"><a href="/taxonomy/term/31" hreflang="en">branch banking</a></div> <div class="field__item"><a href="/taxonomy/term/49" hreflang="en">equity</a></div> </div> </div> <!-- END OUTPUT from 'themes/bootstrap_barrio/templates/field/field.html.twig' --> </div> <div class="group-footer"> </div> </div> <!-- END OUTPUT from 'modules/contrib/ds/templates/ds-2col-stacked.html.twig' --> <!-- END OUTPUT from 'modules/contrib/ds/templates/ds-entity-view.html.twig' --> Tue, 01 Feb 2022 21:45:42 +0000 max 229 at https://mkpteam.com