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#MoveYourMoney: Over 8,000 Transfer Money to Black-Owned Atlanta Bank, More Following Suit

BY: ANGELA BRONNER HELM
Posted: July 17, 2016

African Americans heeding the #MoveYourMoney call and investing in a black-owned bank in Mobile, Ala., July, 2016.

Over 8,000 people in Atlanta have joined Solange Knowles and moved their money to a black owned bank.

The #MoveYourMoney campaign has gained prominence and traction in the days since the heinous police shooting deaths of Alton Sterling and Philando Castile.

Many African-Americans frustrated by repeated police killings of unarmed black men and the ringing lack of justice against those who perpetrate the acts are searching for ways to empower their community and fight back. And as Martin Luther King Jr. once said, the best way to fight this system is to break its capitalist back.

In an excerpt from his famous 1968 “I’ve Been To The Mountaintop” speech—his last before his assassination—King had this to say about investment in ourselves:

Now the other thing we’ll have to do is this: Always anchor our external direct action with the power of economic withdrawal … we’ve got to strengthen black institutions. I call upon you to take your money out of the banks downtown and deposit your money in Tri-State Bank. We want a “bank-in” movement in Memphis. Go by the savings and loan association. I’m not asking you something that we don’t do ourselves at SCLC. Judge Hooks and others will tell you that we have an account here in the savings and loan association from the Southern Christian Leadership Conference. We are telling you to follow what we are doing. Put your money there … Now these are some practical things that we can do.

And to that end, nearly 50 years later, African Americans are starting to heed his word.

11 Alive Atlanta is reporting that in just five days, 8,000 people submitted applications to join a historic black-owned bank, Citizens Trust Bank, in the city.

There are also reports of the same in cities like Chicago and others posted on social media in recent days.

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It will be epic RadioRaheem. I, personally, already boycott everything, except ShopRite and Xfinity. Xfinity has cable, telephone and COMPUTER all caught up in the mix here. No Xfinity, just hubby yappin', no AA.org!!!!! I can't boycott Xfinity. The One Eyed Purple People Eater could be in charge; I have to hang on!!!! ShopRite has the fish, cherries and chicken wings I like.

Dr. Pol (NatGeo Vet.) cured me from eating a piece of anything from a cow. Watching a Vet put his/her entire arm up their ass feeling for babies, cow feces flying into their faces and elsewhere; placing a fallen uterus back in place that's flapping outside their vaginas, pulling baby calves from womb to life, watching all that jazz and razzmatazz makes them more human-like than something to eat in gravy, to ME. No wonder India will have no parts of them as a meal. I understand.

The last white person I saw was the next door neighbor, (??!!) of whom (??!!) I see more of her bird/squirrel slaughtering cat, Feather, than her,  walked up into my house to bring the babies some coloring books and crayons. That was about 2 weeks ago; prior to that it was my doctor. Won't see a white person again until September (him) or if I decided to watch America's Got Talent or Dr. Pol or turn around from this contraption to take a gander at what's on TV. Right now it's SpongeBob, who makes me slightly more ill to place my eyes upon than the Wrinkly Crinkly Presidential candidates and their Flunkies.

That is IT as far as me and whites are concerned. If I decide to leave the house entirely, that's another story. They're like cockroaches; they're E.V.E.R.Y.W.H.E.R.E, with us flies peppered in for some damn color.

No one has gone on a gun rampage here, Thank God. If I'm anywhere around some shit like that and survive, what I'll get if I'm left in one piece or pieces that still sustain my life, will surpass Post Traumatic Stress Syndrome plus a million for me. Will probably last from the stress if the Sky Man's on my side for a couple days, if His Magic Wand points in my direction.

Hope no one entirely loses his mind where I'm continuing to breathe the breaths the doctor slapped into my newborn ass way back when Japan was suffering BIG TIME along with America's young fellas too, after blowing up those people and ships in Hawaii in the year (you know, I wasn't quite here yet, but I was bloomin'). When I tell ya, I'm older than cat shit, I ain't whistlin' DIXIE. If you're on the ball, you KNOW my age. I've told ya without tellin' ya.

Last edited by Norland
Norland posted:

It will be epic RadioRaheem. I, personally, already boycott everything, except ShopRite and Xfinity. Xfinity has cable, telephone and COMPUTER all caught up in the mix here. No Xfinity, just hubby yappin', no AA.org!!!!! I can't boycott Xfinity. The One Eyed Purple People Eater could be in charge; I have to hang on!!!! ShopRite has the fish, cherries and chicken wings I like.

Dr. Pol (NatGeo Vet.) cured me from eating a piece of anything from a cow. Watching a Vet put his/her entire arm up their ass feeling for babies, cow feces flying into their faces and elsewhere; placing a fallen uterus back in place that's flapping outside their vaginas, pulling baby calves from womb to life, watching all that jazz and razzmatazz makes them more human-like than something to eat in gravy, to ME. No wonder India will have no parts of them as a meal. I understand.

 

LOL, you aint missing nothing, count yourself lucky because the future don't look very rosy. 

sunnubian posted:

Hopefully, it will gain even more momentum and at least 99% Black people in America will do the same.

Why did we not do this decades ago or should I say maintain what we already had? Why did our so called Black leaders promote this long ago? Black Fridays and worthless boycotts is what they promoted instead of Black economic empowerment! I find it interesting that after the Civil War Blacks created and maintained its own Black business culture, our own universities, our own Black Wall Street because we were forced to. But the split second we were able to shop in white establishments we spat on our own that we built from the bottom up and abandon them, why because in our heads the white man's ice is colder. 

Really goes to show how effective our brainwashing and subjugation was. 

RadioRaheem posted:

I wished the Black churches joined in....that would be EPIC!!

They have really missed their moment.... I need to break away for a bit too damn depressing and disappointing. I think that is where a lot of Blacks are, we are only 13% of the population and we are getting tired and weary. We disappointed our allies in voting for Hillary and if she loses we are alone. 

Momentum posted:
sunnubian posted:

Hopefully, it will gain even more momentum and at least 99% Black people in America will do the same.

Why did we not do this decades ago or should I say maintain what we already had? Why did our so called Black leaders promote this long ago? Black Fridays and worthless boycotts is what they promoted instead of Black economic empowerment! I find it interesting that after the Civil War Blacks created and maintained its own Black business culture, our own universities, our own Black Wall Street because we were forced to. But the split second we were able to shop in white establishments we spat on our own that we built from the bottom up and abandon them, why because in our heads the white man's ice is colder. 

Really goes to show how effective our brainwashing and subjugation was. 

Idolatry of White people.  

That's what happened.  

After centuries of being brainwashed to believe that anything of ours or anything "Black", was not good enough, "integration" only made too many Black people desire to squeeze in between White people in America.

And while Black people with the most money, influence, clout, education, skills, and knowledge were so busy trying to forcibly squeeze in between "White" people, they were leaving African American communities without the money, influence, clout, education, skills, and knowledge to continue to adequately sustain itself as independent and viable communities.

 

Momentum posted:
RadioRaheem posted:

I wished the Black churches joined in....that would be EPIC!!

They have really missed their moment.... I need to break away for a bit too damn depressing and disappointing. I think that is where a lot of Blacks are, we are only 13% of the population and we are getting tired and weary. We disappointed our allies in voting for Hillary and if she loses we are alone. 

 

I remember when white banks targeted Black churches for the Interest-only loans and reverse mortgages for the elderly......and after several law suits that those banks lost......THEY STILL USE WHITE BANKS!!

 

Black churches went from a Black unity powerhouse for ending slavery to the civil rights movement to now it's just a place to hang out and get your weekly dose of White Supremacy. 

Hillary will not do anything good for Black community.  She keeps lumping us with 'Minority' community....whatever that is.

RadioRaheem posted:
Momentum posted:
RadioRaheem posted:

I wished the Black churches joined in....that would be EPIC!!

They have really missed their moment.... I need to break away for a bit too damn depressing and disappointing. I think that is where a lot of Blacks are, we are only 13% of the population and we are getting tired and weary. We disappointed our allies in voting for Hillary and if she loses we are alone. 

 

I remember when white banks targeted Black churches for the Interest-only loans and reverse mortgages for the elderly......and after several law suits that those banks lost......THEY STILL USE WHITE BANKS!!

 

Black churches went from a Black unity powerhouse for ending slavery to the civil rights movement to now it's just a place to hang out and get your weekly dose of White Supremacy. 

Hillary will not do anything good for Black community.  She keeps lumping us with 'Minority' community....whatever that is.

Somehow they lost their way as the Black world around them was crumbling and all they could talk about was another gaddam building fund buying jet planes, helicopters and more luxury estates for their pimps in the pulpits. 

Momentum posted:

Hey Miss Fabulous, thanks for posting this, it was already up but it was taken down because I think I posted what kicked off this whole movement. I apologize for posting it when it specifically said not to put it on any social network. 

Nice to see you again, Miss Fab!

Awwww… thank you Momentum, nice to see you as well.  

RadioRaheem posted:
Momentum posted:

I rolled by our little Black Bank today and it still had lots of people in the bank but at least there was no line out the door. I am so impressed, when it dies down I will open an account there too. Lot of 30, 40 year old people some white people too, LOL. 

 

Spies!!

Haha, our Black owned bank is near 2 universities, both surrounded by Black neighborhoods that are under gentrification pressure, a nearby neighborhood was totally lost to gentrification but its on the other side of the highway and borders the hospital district so I'm not surprised that white people was in the bank. Blacks are staving off the pressure and buying homes as soon as they become available. 

Last edited by Momentum

http://abc13.com/news/hip-hop-...ter-houston/1433991/

HIP-HOP ARTISTS, MAYOR TURNER MEET TO MAKE A BETTER HOUSTON

 
Stop the violence message in Houston  Houston rappers, mayor come together to stop violence in the city. (KTRK)
 
Hip-hop artists met with Houston Mayor Sylvester Turner Tuesday in a private meeting to talk about stopping the violence. The initiative, called "Hope for Houston," is the first of its kind. The private meeting at City Hall was a "no holding back" exchange of ideas on how to make a better Houston.

"We don't have all the answers, we might not have any of the answers, but at least we are acknowledging there is a serious problem. We don't want to wait until there's riots in the streets," rapper Paul Wall said.
 

No cameras were allowed inside but the artists say they support the mayor and his efforts.

"There are people in Denver Harbor, in Magnolia Place, in Fifth Ward, Sunnyside, South Park, northeast Houston that are hurting and they want to be seen and they want to be listened to," Turner said.

It's not just about ending the violence, but also about more economic opportunities and the fight for justice.

"It's not just people in the hood that need to be held accountable for their actions. It's the people in law enforcement that needs to be held accountable for their actions," hip-hop artist Willie D of the Geto Boys said. "It's very important that people understand when we say black lives matter, we're not saying that blue lives do not matter."

Some of the artists have been touched directly by recent violence so now they are using their collective voice to call for peace.

The artists are also using their spending power. After their meeting, many went to Unity National Bank to open accounts because it is the only Black-owned bank in the state of Texas. It's a sign of unity they hope other hip-hop artists will copy.

http://www.essence.com/2016/07...s-shes-banking-black

 

Solange Knowles Announces She’s Banking Black

 
 
 
Comments
PHOTO CREDIT: NOAM GALAI/GETTY IMAGES

There are over twenty-one Black-owned banks in the United States and Solange Knowles wants you to know that she is a client to one of them.

Sunday, the multi-faceted businesswoman shared on Instagramthat she had taken the necessary steps into utilizing Black-owned banks.

“While I realize this is a very personal decision and thing to share, I’m proud to say I made that step today. Time to literally put my money where my mouth is,” she wrote.  "I cannot vouch for any of these institutions, but if you are interested in the information @saintheron has posted the list.”

 

 

The list of Black owned banks can be found on the Saint Heron website, here.

 

That thing with his lip draggin' in the picture above looks like a Neanderthal. I don't usually talk about anybody, but if someone's scary, they're scary to ME. Sorry, if I hurt anyone's feelings, sorry to go off topic, even that which is pink, above. At least it has lips; that's a plus. I ain't no beauty queen myself, but have been told I was pretty. It's all in the eyes of the beholder. Sorry to have gone off topic.

Last edited by Norland
sunnubian posted:

And while Black people with the most money, influence, clout, education, skills, and knowledge were so busy trying to forcibly squeeze in between "White" people, they were leaving African American communities without the money, influence, clout, education, skills, and knowledge to continue to adequately sustain itself as independent and viable communities.

We bought our first house in a white neighborhood, we were the 5th Black family to move in. We was not woke at that time we were thinking in terms of a good investment, convenience, closer to our jobs and good schools. I find it interesting the neighborhood have changed a lot over the years, but with Asians and Latino's maybe a couple more Black families. Blacks like to buy NEW houses for some reason and end up in suburbs scattered about while historically Black neighborhoods are taken over by Latino's or gentrified by whites. But Blacks are aware of this and buying back into Black neighborhoods, its refreshing to see new homes and remodeled homes in historically Black neighborhoods. I'm doing the same.

Last edited by Momentum

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