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One, three. Wondry. I'm David Brown, and this is Business Wars Daily on this Tuesday, October 20th.

This summer, civil rights protests may have quieted, but the focus on improving

banking opportunities for people of color is still going strong. Earlier this month, a new majority

black and Latinx owned an operated digital bank called Greenwood was launched by Bounce TV founder

Ryan Glover and rapper slash activist Michael Render, better known as Killer Mike. Within hours of the bank's website going

live, Render told CNN that Greenwood had, quote, tens of thousands of applications. And it doesn't even

open until January. Greenwood is named for the Tulsa, Oklahoma community known as Black Wall Street.

In 1921, white rioters destroyed the thriving community.

But the new digital bank is committed to reversing the damage of such events.

Its commitment to black and Latinx communities is woven throughout its business model.

For every approved account, Greenwood will donate the equivalent of the cost of five meals to an organization called Gooder, which targets food insecurity.

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