My guests today are Nicole Elam, CEO of the National Bankers Association, and Robert James II, who chairs the NBA's board of directors and is also president of Carver Financial Corporation in Savannah, Georgia.

The NBA is the trade association for Minority Depository Institutions, or MDIs. It was founded nearly a century ago, in 1927, to build on the work being done by a group of Black-owned banks that were chartered shortly after the US Civil War, because white-owned banks were not serving the needs of Black communities.