Diverse financial institutions across the United States make crucial investments in their communities but are often overlooked for business opportunities by potential clients in favor of bigger Wall Street firms. Citi helps such minority-owned banks, equipping them with the tools to be competitive and participate more fully in the financial services industry. Building access to these financial resources at an institutional level is an important step in addressing the racial wealth gap.
In this episode of Good Things Happen, we talk with @Susan Plumb, Chair and CEO of Bank of Cherokee County, @Dominik Mjartan, President and CEO of Optus Bank, and @Harold Butler, Head of Citi’s Diverse Financial Institutions Group about what meaningful work looks like for diverse, mission-driven banks, and how the banking industry is being transformed.
Citibank N.A. (“Citi”), Bank of Cherokee County and Optus Bank are not affiliated and are independent companies, though Citi has a nominal equity investment in both the Bank of Cherokee County and Optus Bank. The speakers’ views are their own and may not necessarily reflect the views of Citi or any of its affiliates. All opinions are subject to change without notice. Neither the information provided nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. The expressions of opinion are not intended to be a forecast of future events or a guarantee of future results.