This Week in ESG and Impact Investing

In recent years, Creative Investment Research has delved into various initiatives and strategies aimed at tackling economic disparities and promoting financial inclusion. In 2022, CEO William Michael Cunningham released a book examining the unique challenges faced by minority-owned businesses in accessing financial resources and support ( Thriving As a Minority-Owned Business in Corporate America: Building a Pathway to Success for Minority Entrepreneurs 1st ed. Edition ). In an article, we explored the development of a maternal health financing facility for the United States, which aims to improve maternal health outcomes by channeling investments into this crucial sector. Continuing our examination of initiatives to address financial inequality, another article we published in the American Banker Newspaper suggested the creation of a liquidity pool by the Federal Reserve to support Black banks, which brings us to the establishment of the Bank of Jabez , Iowa's first Black-owned ...

  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/

by  Jeffrey McKinney December 23, 2008. Black Enterprise Magazine. Three African American executives are trying to raise $50 million to create a black-owned bank holding company with some help from the federal government. The entity, MBF LP, would be designed to make capital investments in and own parts of new and existing black-owned U.S. banks, said William Michael Cunningham, senior investment adviser at Creative Investment Research Inc., a Washington D.C. firm specializing in minority banking. Cunningham, MBF general partner, said the company would be an equity fund based in Washington. The company has applied for bank holding company status and is seeking capital from the U.S. Department of the Treasury’s Troubled Asset Relief Program (TARP).   Cunningham said MBF partners and management team members would include Elrick Williams, chairman and CEO of Allston Trading L.L.C., a Chicago-based firm that specializes in electronic trading of stocks, Treasury bonds and other ...