If you look at any corner of the earth, you will find the influence and impact of Black culture. Behind that impact are typically economic implications that profit from said culture. The missing factor is that Black people do not always benefit.
Whether it’s creators that are not getting paid their worth from social media apps or those marginalized by systemic challenges, there are a myriad of reasons why the Black community has experienced challenges tapping into wealth opportunities. The folks at Wells Fargo understand this and are working to provide banking solutions that help break barriers for communities of color.
In May 2021, Wells Fargo launched its Banking Inclusion Initiative. This 10-year commitment will accelerate the access of unbanked communities to affordable mainstream accounts and have easier access to low-cost banking.
