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As ReShonda Young bought real estate and started a business in Waterloo, Iowa, she could see the impact of past and present discriminatory practices. But working at a small investment firm is what really opened her eyes to a big consequence: the wealth gap between white and Black residents. It’s an entrenched national problem. She wanted to help address it in her hometown. So she decided to start a Black-owned bank that would make that goal its mission. But how do you get the money to launch a bank when the wealth gap will fight you every step of the way? Text GAP to 737-727-4321 and dig into this episode with photos, video, graphics and more right to your phone.
By Center for Public Integrity4.8
346346 ratings
As ReShonda Young bought real estate and started a business in Waterloo, Iowa, she could see the impact of past and present discriminatory practices. But working at a small investment firm is what really opened her eyes to a big consequence: the wealth gap between white and Black residents. It’s an entrenched national problem. She wanted to help address it in her hometown. So she decided to start a Black-owned bank that would make that goal its mission. But how do you get the money to launch a bank when the wealth gap will fight you every step of the way? Text GAP to 737-727-4321 and dig into this episode with photos, video, graphics and more right to your phone.

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