Racial Justice: What Can I Do Now?
Not only is there a staggering household wealth gap — the average white household has a net worth that is 10 times the average African American household — but this division is being further widened by a persistent disparity in access to financial services. Nearly 50% of African American households and 45% of Hispanic households are underbanked or unbanked, whereas the same applies to only 18% of white households. In many places in the U.S., Community Development Financial Institutions are the only financial service providers working to address these inequities.
Hosted by Ceniarth, in coordination with Mission Investors Exchange, this webinar will feature the voices of leading CDFIs that have spent decades deploying money into many of the most marginalized African American, Native American, and Hispanic communities in the U.S. From the Mississippi Delta to the Central Valley of California, participants will be introduced to CDFIs that all urgently need capital to deliver critical financial services to their communities.
This webinar is the first in Ceniarth's "What Can I Do Now?" series for asset owners, foundations, family offices and others actively deploying impact-focused capital.
- Donna Gambrell, African American Alliance of CDFI CEOs
- Bill Bynum, HOPE Enterprise & Credit Union
- Karama Neal, Southern Bancorp Capital Partners
- Chrystel Cornelius, Oweesta
- Juanita Hallstrom, RCAC
- Greg Neichin, Ceniarth (moderator)