The Battle to Keep America’s Black Banks Alive - WSJ

Small banks make money on the spread between what they pay depositors and what they charge borrowers. For banks to make a profit, the good loans must far outnumber the bad. Black-owned banks that cater to riskier borrowers often find themselves on the wrong side of the equation.

A lengthy article without a single mention of credit unions. The difference? Banks need to make money for shareholders whereas credit unions return profit to members. Credit unions the absolute right solution to the financial deserts in underserved communities. They’re not there to make money, they’re there to serve the community.