Killer Mike Opens Up Black Owned Digital Bank For ‘The People’

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Doin it for the culture! Activist and Atlanta born rapper Michael Render AKA Killer Mike; along with civil rights advocate Andrew Young; and Ryan Glove — have raised over $3M to fund a new digital bank. The efforts of the project are geared toward Blacks, Latinos and business owners.

Securing the coins from private investors, Greenwood seeks to bridge the gap of financial services and banking to the underprivileged. Users have access to Apple, Samsung, Android pay, virtual debit cards, P2P transfers, mobile check deposits; and free ATM usage in over 30,000 locations.

Details of The New Digital Bank

Although the bank is solely electronic right now, the ‘Run The Jewels’ rapper says they do plan to work with brick and mortal banks in the near future. He hopes to provide deposits to aid strengthen other Black owned banks.

Other perks involved are:

  • For every customer sign-up, Greenwood will provide five free meals to a family in need.
  • Every swipe of a Greenwood debit card will prompt a donation to UNCF for education; Goodr to feed the hungry, or NAACP to support civil rights.
  • And every month, Greenwood will provide a $10,000 grant to a Black or Latinx small business owner whose a Greenwood customer.

With such a high climate of racial injustices and financial disadvantage, its time now to collect the dividends that have been due to African Americans and minorities for so long. According to Brookings, a major disproportion of wealth was found staggering. At $171,000, the net worth of a typical white family is nearly ten times greater than that of a Black family ($17,150) in 2016.

“We have the skills, talent, and energy to compete anywhere in the world, but to grow the economy, it has to be based on the spirit of the universe and not the greed of the universe”, Andrew Young told Black Business.

black business

Thus he continues, “Killer Mike, Ryan, and I are launching Greenwood to continue this work of empowering black and brown people to have economic opportunity”.

Greenwood Derives From History

Undoubtedly Greenwood is a collaboration of an executive team that includes BofA vet Aparicio Giddins; and former Green Dot man David Tapscott. Both are Black, a fact noted by Killer Mike; who took the opportunity to take a chance with Wells Fargo CEO Charles Scharf. Moreover Scharf recently claimed “there is a very limited pool of Black talent to recruit from”.

Folks Are Disgusted At Blatant Racist Letter To Penn State Captain–Coach Defends His Character

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The audacity of the racism running rampant still in almost the year of 2020 is simply unreal to say the least. When David Petersen, a 1966 Penn State graduate in speech pathology was asked for a response to his disgraceful, hate-filled letter to Penn State’s captain about his hairstyle, he says he was unaware that his letter had sparked an outrage via social media.

Penn State player Antonio Shelton tweeted an image of the letter with this message: “One of my teammates got this. Explain to me how this isn’t racist.” Petersen (the obvious (‘racist’), tells reporters by phone that making a racial or cultural statement “was not the intent at all”.

He continues, ” I would just like to see the coaches get the guys cleaned up and not looking like Florida State and Miami guys”.

Penn State Coach James Franklin denounced the ill-mannered letter on Tuesday. “Jonathan Sutherland is one of the most respected players in our program”, the coach said in a news conference. “He’s the ultimate example of what our program is all about. He’s a captain, he’s a dean’s list honor student, he’s confident, he’s articulate, he’s intelligent, he’s thoughtful, he’s caring and he’s committed”.

He continued, “He’s got two of the most supportive parents, and I would be so blessed if my daughters would marry someone with his character and integrity one day.’

See the letter below from a Penn State alum.

By Tuesday, the internet gone berserk and was exploding with comments and reactions to the letter. The tweet had garnered nearly 11,000 retweets and more than 36,000 likes. People are outraged and have certainly clapped back to this racist bigot.

Heres what rapper TI posted on his Instagram this morning:

Killer Mike was the first to comment, saying, “Scorched the earth with that retort. Damn”.

Another commented, Wow the CAUcasity #whodarehim #loclove. Someone else said, “If all the young black athletes and scholars stop attending power 5 schools and Ivy league schools and attend HBCU’s there wouldn’t be any of this happening”.

Someone else commented, “Transfer to a hbcu…”

Since the letter has gone viral, Penn State issued a statement on Twitter: “While we don’t know the source of this letter of the authenticity, obviously its content does not align with our values. We strongly condemn this message or any message of intolerance.”

Sandy Barbour, Penn State’s vice president for intercollegiate athletics, added her own tweeted statement :” I stand with our Penn State student athletes and appreciate how they represent PSU in competition, in the classroom and in the community. Their dress, tattoos, or hairstyle has no impact on my support nor does their gender, skin color, sexuality or religion!”

T.I. Feels Extorted Attending Jamal Bryant’s Church

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This past Sunday, T. I, Tiny and 2 Chaiz attended Kanye’s service at Newbirth Missionary Church, where Jamal Bryant is the new pastor of deceased Eddie Longs church.

The pastor at The New Birth Missionary Church heard through the grape vine that they had ought with how he handled the offering at the church once he noted the famous, wealthy celebs were seated in the front pew at the service.

Pastor Jamal Bryant took to his Instagram to issue an apology. The Rapper, T. I. sat down with Killer Mike to discuss his grievous experience at the church on his podcast, ExpediTIously.