Thousands of Black Americans Have Left Formal Banking Behind And Are Now Leading the Way In Digital-Only Banking
Black Americans are using digital-only banks as their primary financial institution more than any other ethnic group in the U.S., a new analysis from business research firm Morning Consult found. Photo by Tony Schnagl from Pexels Morning Consult drew its analysis from a series of surveys between July 2021 and January 2022. The firm found that 14…
