TARP Funding recieved by Minority Banks

Business for Democracy and ASBC Lead Effort to Overturn Citizens United v. FEC

The Business for Democracy Campaign, which the American Sustainable Business Council is spearheading in partnership with Free Speech for People is tackling the compelling issue of corporate contributions to political campaigns.

The U.S. Supreme Court’s Citizens United v. FEC decision on January 21, 2010 allows corporations to spend unlimited funds to support or oppose candidates for political office, overturning campaign finance laws in place for decades. The Business for Democracy campaign is an initiative of business leaders and their companies who believe this ruling is in direct conflict with American democratic principles and a serious threat to good government. The campaign supports the four members of the Supreme Court and the 80 percent of Americans who disagree with the decision (Washington Post poll, Feb. 17, 2010).

If you'd like your business to join this effort, you can sign the statement of support here or here.

TARP Funding recieved by Minority Banks

Posted May 11, 2009
At the suggestion of several news organizations, we have updated our press release to include information on TARP Funding to women and minority-owned banks. Washington, D.C. Creative Investment Research, Inc. released its listing of women and minority owned financial institutions (banks and thrifts).

Industry Overview
At the start of 2009, there were 239 minority owned financial institutions (banks and thrifts) in the U.S., up from 231 at the end of 2007. The
number of institutions totaled 182 at the end of 2000. See the attached revised press release for more information Taking Chance divx

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