Carver State Bank Sees Spike in Applicants

WJCL Savannah
Saturday, July 23, 2016

Black-owned banks across the country, including Savannah, Georgia-based Carver State Bank, are seeing an increase in applicants after recent protests against police brutality. "We've seen a tremendous increase in the number of inquiries about the bank and the number of accounts that have been opened," said Carver State Bank President Robert James. "In fact, on Monday and Tuesday of last week we probably opened as many accounts as we would probably open in a full month in two days... Most citizens can't take to the streets and demonstrate but they've found that one of the things they can do is to try to not feel so powerless about the spending of their money and the deposit of their money in banks.”