Date: June 20, 2018
Author: Michael Grant
Six CEOs of black-owned banks meet to discuss the future of black banks.
Title: As Black-Owned Banks Struggle, Community Sounds Alarm
Date: Updated August 6, 2017
Source: Wall Street Journal
Author: Sharon Nunn
Redemption of CDCI / TARP Preferred Stock
Industrial Bank has redeemed, at a discount, all $6 million of the Series D, Community Development Capital Initiative (“CDCI”), preferred stock issued on September 3, 2010 to the U.S. Department of the Treasury in exchange for TARP preferred shares.
Date: January 10, 2017