![two women discussing finances](https://www.bankrate.com/2022/05/24112751/How-to-support-Black-owned-banks.jpg?auto=webp&fit=crop&width=230&height=150)
What are Black-owned banks and how to support them?
Supporting Black-owned banks can help economically empower an underserved community.
Nell McPherson is the former banking editor at Bankrate, where she led a team of reporters dedicated to helping readers make the best decisions about their savings and checking accounts, CDs and money market accounts.
Nell has worked as a writer and editor for over a decade, most recently for The Motley Fool. Her articles have also been published by USA Today, Yahoo! News, MSN and NASDAQ. She earned her bachelor's degree in communication from Flagler College.
When she’s not developing content for Bankrate, Nell can often be found hiking, biking, reading, or doing a little creative writing. She lives in northeast Florida.
Supporting Black-owned banks can help economically empower an underserved community.
Experts say you can cut many financial disputes off before they happen by having separate financial accounts.
Interest rates are trending higher. Here are a few reasons to be happy about it.
Some Americans may be getting stung by inflation that’s even higher than the national rate.
Make 2023 the year you get serious about saving for your goals with these 10 tips.
Here’s how you can start paying off that holiday debt and building up your savings.
Wells Fargo to pay $3.7 billion to resolve allegations involving illegal fees.
You could save big by setting up a budget template for your upcoming trip.