Trending...
- North Carolina Author Carrie Sybert Celebrates Three Published Books - 123
- Nious Media Expands Independent Entertainment Network Through Gaming, Music and Digital Storytelling - 108
- Alan Hamilton of Shiver Hamilton Campbell Inducted as a Fellow of the American College of Trial Lawyers
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
- Immerse Yourself in the Historic Tochigi Autumn Festival, Celebrated Every Two Years Since 1874
- Asheville Artist KayeDinero Turns the Blue Ridge Into a Horror Movie With "Halloween"
- Resident Inspect Expands Virtual Property Inspections With AppFolio and Rentvine Integrations
- Unlocking the Next Phase of Growth with New AI Innovations; Targeting 2027 as Breakeven; Revenue Momentum Accelerates: ZenaTech (N A S D A Q: ZENA)
- AeroNet Deploys netElastic vBNG and CGNAT with Tarana Wireless to Deliver Scalable, Fiber-Class Broadband Across Puerto Rico
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
- New Atlas Maps the 38 States Behind Every Conversation
- Atlanta Company Launches Free, Ad-Free, Nonpartisan Voter Planning App for All 50 States Ahead of the Nov. 3 Election
- NECP Promotes Chertova to Senior Business Analyst
- Security Industry Veteran Anthony Rumore Launches AegisLead to Help Security Companies Find Business and Manage Growth
- Charlie Shaw and Patrick Carragher win SEO Agency of the Year 2026
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
- Best Way to Translate a Birth Certificate for Immigration (USCIS) in 2026
- Expanding Into Medically Supervised Wellness With Major Apollo Wellness Centers Announcement; Sibannac, Inc. (Stock Symbol: SNNC)
- Nextlink Internet Deploys netElastic to Modernize Its Hybrid Broadband Network
- Dynamic Relaunch as AI Predictive Cybersecurity Company Optimized to Prevent Threats Proactively: Cycurion, Inc. (N A S D A Q: CYCU)
- EMBER™ Unveils the Workplace Identity Score™ (WIS™), the First Standard for Measuring Workplace Impact on Workforce Performance & Business Growth
- With Oil Prices Surging…Sky Quarry's Nevada Refinery Is Back in Action — CEO Highlights a Powerful New Growth Chapter for (N A S D A Q: SKYQ)
- Preston Dermatology & Skin Surgery Center and Dr. Sheel Desai Solomon Win Gold in Raleigh's Best Awards for Second Consecutive Year
- We are Talker Study: 64% of AI Users Have Bought From a Brand AI Introduced, as The Invisible Shortlist Reshapes Brand Discovery
- One in three Americans may have lost track of retirement savings from a previous job
- Political Concerns Drive US Investors to Golden Visas
- Nious Media Expands Independent Entertainment Network Through Gaming, Music and Digital Storytelling
- Drake Turns 40 With Backstreet Boys; KayeDinero Drops "The Bounce (Elmo Mix)"
- Triangle Home Safety Offers Aging in Place Services Across Raleigh, Cary and Apex
- 2027 Health Insurance Open Enrollment
- Gahl Sasson Releases "Agents of Chaos & Angels of Change: The Astrology of 2027
- What's Beneath Your Feet?: Anti-Viral Flooring Helps Create Healthier Spaces
- Control & Co. Launches Digital Audit Readiness Toolkit for Small Businesses
- Zazie Productions Brings Experimental Sound Art to Psychological Horror Film Scoring
- Tek84 Unveils New Brand Identity Built to Magnify What Security Officers Can Do
- CoreVar Announces Cooking with AI, an Eight-Topic Live Webinar Series