DID YOU KNOW?? “Currently, a dollar circulates in Asian communities for a month, in Jewish communities approximately 20 days and white communities 17 days. How long does a dollar circulate in the black community? 6 hours!!! African American buying power is at 1.1 Trillion; and yet only 2 cents of every dollar an African American spends in this country goes to black owned businesses.” via Clutch Mag
On February 1st, Usher, Killer Mike, Big K.R.I.T, Jermaine Dupri and other Atlanta artists gathered at Citizens Trust bank, one of three black-owned banks in Atlanta, to kick off Black History Month and show their support for black-owned businesses. People from the Atlanta community were encouraged to stop by and open a checking or savings account. Killer Mike told the room, “You don’t have to be black to support black-business.” UNL staff and alums James Harris, Marvin Logan and Kaysey Clayton attended the event. Marvin Logan, a member of UNL since 2006 and now grad student in African American Studies at Clark Atlanta University, opened a savings account.
“Seeing Usher, Killer Mike, Big K.R.I.T and other artists come together to not only spread awareness of local black owned businesses, but to also speak upon the importance of financial security individually and within the community struck a major cord for me. As I watched many people opening up accounts and gaining more financial information that will ultimately benefit them, it was obvious that Usher and the other artists’ presence alone has a major effect on the community as a whole. I appreciated being there to witness the positive impact they have created by simply using their influence in the community to help create change.” -Kaysey Clayton, UNL Alum & Intern