Juneteenth—Independence for All

Today, AEO (Association for Enterprise Opportunity) is closed to observe Juneteenth, a celebration of independence for all. Despite the emancipation proclamation in 1863, it was June 19, 1865, when General Gordon announced the freedom of slaves in Texas. Just like the...

Industry News – June 17, 2021

Fifth Third Bank Becomes Largest Investor in Detroit Minority Depository Institution With an additional investment of $2.5 million, Fifth Third Bank has become the largest investor in First Independence Bank, the seventh-largest Black-owned bank. The investment is a...

Policy News – June 17th, 2021

Treasury Secretary Janet Yellen and Vice President Kamala Harris announced an award of $1.25 billion in COVID-19 relief funds to 863 community development financial institutions (CDFIs). The grants will be available through Treasury’s CDFI Rapid Response Program (CDFI...

Policy News – June 10th, 2021

Advocacy at AEO: President & CEO Connie Evans Seeks Reauthorization of the State Small Business Credit Initiative in Response to Treasury Department. The Department of Treasury released a Request for information to invite the public to comment on the SSBCI program...