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BLACK BANK SEEKS TO RAISE $20 MILLION TO OPEN

 


According to an article in Black Enterprise Magazine, "Columbus, Ohio’s largest city and capital, could become home to a Black-owned bank if leaders can make it happen. Adelphi Bank founder Jordan Miller said it is talking with 'high net-worth individuals and institutions in Central Ohio as it seeks to raise the initial $20 million, ' according to Columbus Business First. The Federal Deposit Insurance Corporation (FDIC) granted approval subject to conditions in May for the startup."

See: https://www.blackenterprise.com/proposed-black-bank-aims-to-raise-20-million-to-open-an-effort-that-could-reverse-trend-of-such-banks-closing/

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