Trending...
- RAS AP Consulting Expands Managed AP Governance™ Ecosystem, Launches Trademark Process, and Secures IFOL Speaker Invitation
- UK Financial Ltd Makes History: Chainlink CRE Circulating Supply Verification Goes Live Across Its Complete Ecosystem Of Nine Exchange-Traded Tokens
- FDA Clears Major Regulatory Hurdle as Preservative-Free Ketamine Program Moves Within Reach of Commercialization: NRx Pharmaceuticals: (NAS DAQ: NRXP)
ATLANTA, July 12, 2024 ~ On Friday, July 12, 2024, the Freedman's Bank Forum was held at Shaw University in Raleigh, North Carolina. Co-hosted by the U.S. Department of the Treasury, Operation HOPE, and Shaw University, the annual event aimed to honor the legacy of the Freedman's Savings and Trust Company and discuss new approaches to increase economic participation for all Americans.
The forum featured a lineup of esteemed speakers including U.S. Deputy Secretary of the Treasury Wally Adeyemo, Governor Roy Cooper, Operation HOPE CEO John Hope Bryant, and officials from the Biden-Harris Administration. Leaders from various sectors such as public, private, nonprofit, and philanthropic were also in attendance.
The Freedman's Savings and Trust Company was established in 1865 by President Abraham Lincoln to provide financial tools for newly emancipated Black Americans. Its mission was to help them safeguard their earnings, build financial security, and generate family wealth. The bank had 19 original branches across the country with one located in Raleigh.
More on ncarol.com
The idea for the Freedman's Bank Forum was first proposed by Operation HOPE Founder and CEO John Hope Bryant in 2015. This came after then-Treasury Secretary Jack Lew christened the Treasury Annex as the "Freedman's Bank Building" at Bryant's request.
The forum serves as an annual convening for diverse groups to come together and brainstorm new approaches to address economic inequity. It also provides a platform for building connections to execute these ideas.
The event kicked off with opening remarks from various speakers including pre-recorded messages from Secretary Janet L. Yellen and Congresswoman Valerie Foushee. Governor Roy Cooper and Dr. Paulette Dillard, President of Shaw University also gave remarks along with John Hope Bryant himself.
Following the opening remarks was a fireside chat between U.S. Deputy Secretary of the Treasury Wally Adeyemo and John Hope Bryant. The conversation delved into the Administration's efforts to deliver capital to underserved communities, Treasury's investments in Black financial institutions, and the legacy of Freedman's Bank.
More on ncarol.com
Prior to the forum, Deputy Secretary Adeyemo and Mr. Bryant met with local Operation HOPE financial coaches and their clients. This gave them a firsthand look at how Operation HOPE's "HOPE Inside" model helps individuals overcome financial challenges and become successful small business owners and creditworthy banking consumers.
The event also included a panel discussion on how local and regional organizations in Raleigh are utilizing funds from national initiatives to increase capital and tech assistance among Black entrepreneurs. Moderated by Armer Kenchen from the NC Rural Center, the panel featured Travis Rouse from M&F Bank, Crystal German from Self-Help Credit Union, and Roberta McCullough from the Institute Capital National Institute of Minority Economic Development.
The forum concluded with closing remarks from Mayor Stephen K. Benjamin, Assistant to the President, Senior Advisor to the President, and Director of the White House Office of Public Engagement. The event was livestreamed for those who were unable to attend in person.
The Freedman's Bank Forum served as a reminder of the importance of economic empowerment for all Americans. Through discussions on new approaches and success stories in Raleigh, it highlighted the legacy of Freedman's Bank and its continued relevance in today's society.
The forum featured a lineup of esteemed speakers including U.S. Deputy Secretary of the Treasury Wally Adeyemo, Governor Roy Cooper, Operation HOPE CEO John Hope Bryant, and officials from the Biden-Harris Administration. Leaders from various sectors such as public, private, nonprofit, and philanthropic were also in attendance.
The Freedman's Savings and Trust Company was established in 1865 by President Abraham Lincoln to provide financial tools for newly emancipated Black Americans. Its mission was to help them safeguard their earnings, build financial security, and generate family wealth. The bank had 19 original branches across the country with one located in Raleigh.
More on ncarol.com
- Crossroads4Hope Marks 25 Years Ensuring No One Faces Cancer Alone At its Inspiring Hope Gala
- Q1 2026 Arizona Technology Industry Impact Report Recaps Advanced Manufacturing Growth, High-Value Jobs and Workforce Investment
- Former Prosecutor Opens Stegall Law in Summerville
- Vboost Celebrates 14 years of Automotive Viral Marketing
- EXETR Exteriors Unveils XOS — Proprietary Roofing Project Management Platform
The idea for the Freedman's Bank Forum was first proposed by Operation HOPE Founder and CEO John Hope Bryant in 2015. This came after then-Treasury Secretary Jack Lew christened the Treasury Annex as the "Freedman's Bank Building" at Bryant's request.
The forum serves as an annual convening for diverse groups to come together and brainstorm new approaches to address economic inequity. It also provides a platform for building connections to execute these ideas.
The event kicked off with opening remarks from various speakers including pre-recorded messages from Secretary Janet L. Yellen and Congresswoman Valerie Foushee. Governor Roy Cooper and Dr. Paulette Dillard, President of Shaw University also gave remarks along with John Hope Bryant himself.
Following the opening remarks was a fireside chat between U.S. Deputy Secretary of the Treasury Wally Adeyemo and John Hope Bryant. The conversation delved into the Administration's efforts to deliver capital to underserved communities, Treasury's investments in Black financial institutions, and the legacy of Freedman's Bank.
More on ncarol.com
- Ignazio Arces Wins Stevie® Award for Maverick of the Year at the 2026 International Business Awards
- New from Regal House, The Great Awakening: dark comic vision of a split nation veering off the rails
- Tickeron Highlights AI Trading Agent Performance Across Multiple Market Sectors
- Stop Bleeding Cash on Mediocre Talent. Build a Powerhouse Remote Team Instead
- Crownlight Strategies® Announces Federal Trademark Registration
Prior to the forum, Deputy Secretary Adeyemo and Mr. Bryant met with local Operation HOPE financial coaches and their clients. This gave them a firsthand look at how Operation HOPE's "HOPE Inside" model helps individuals overcome financial challenges and become successful small business owners and creditworthy banking consumers.
The event also included a panel discussion on how local and regional organizations in Raleigh are utilizing funds from national initiatives to increase capital and tech assistance among Black entrepreneurs. Moderated by Armer Kenchen from the NC Rural Center, the panel featured Travis Rouse from M&F Bank, Crystal German from Self-Help Credit Union, and Roberta McCullough from the Institute Capital National Institute of Minority Economic Development.
The forum concluded with closing remarks from Mayor Stephen K. Benjamin, Assistant to the President, Senior Advisor to the President, and Director of the White House Office of Public Engagement. The event was livestreamed for those who were unable to attend in person.
The Freedman's Bank Forum served as a reminder of the importance of economic empowerment for all Americans. Through discussions on new approaches and success stories in Raleigh, it highlighted the legacy of Freedman's Bank and its continued relevance in today's society.
Filed Under: Business
0 Comments
Latest on ncarol.com
- Heritage at South Brunswick Introduces New Ferndale Floorplan: The Largest Single-Family Home Design in the Community
- Lineus Medical Elevates Leadership to Accelerate Growth After Breakthrough Clinical Results
- Gateway Center Arena Announces Duane Curry as General Manger
- New from Regal House Publishing, The Parliament of Mice, classic animal fables retold as satires
- XRPPower Expands Platform Security With Enhanced Brand Protection and Official Verification Standards
- Cuvo Health, the #1 White Label Telehealth Platform, Surpasses 300 Exclusive Providers Serving All 50 States
- RAS AP Consulting Expands Managed AP Governance™ Ecosystem, Launches Trademark Process, and Secures IFOL Speaker Invitation
- UK Financial Ltd Makes History: Chainlink CRE Circulating Supply Verification Goes Live Across Its Complete Ecosystem Of Nine Exchange-Traded Tokens
- International Rights Groups Raise Alarm Over Freedom of Religion and Expression in South Korea
- The City's Most Elegant Open-Air Dinner Party Returns September 12, 2026
- FDA Clears Major Regulatory Hurdle as Preservative-Free Ketamine Program Moves Within Reach of Commercialization: NRx Pharmaceuticals: (NAS DAQ: NRXP)
- Autonomous Robotics Platform Expansion as Public Market Debut is Very Close: MBody AI Corp. (N A S D A Q: MBAI)
- New Book gives Consumer Goods Leaders a Governance Playbook for Generative and Agentic AI
- Loud! OOH calls for prize draw advertising standards as £1.3bn category moves outdoors
- Black Ribbon Productions Launches With Fearless 2026 Horror Slate
- Actor Dominic Pace Returns to Television and Film
- Opteamix welcomes Girish Ramachandra to its leadership team as Senior Vice President of Client Services
- Silicon Box Ships 500M Units at High Yield, Expands Production Capacity for Panel-Level Packaging
- Why Baton Rouge's Humid Climate Can Contribute to Carpenter Ant Damage — J&J Exterminating Explains How to Protect Your Home
- RPR Promotes Emily Line to Chief Strategy Officer and Janine Sieja to Chief Product Officer