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Minority Banks Struggle To Offer Loans

"President Obama met with the nation's top bankers yesterday at the White House. The President urged the CEO's to bolster lending to consumers and small businesses to help jumpstart the economy. Largely absent from the meeting were community-based minority banks, which have struggled to stay afloat in recent years. Bill Cunningham, CEO of Creative Investment Research, discusses the historic role of minority lending and..its role in the current economic landscape."

Online at: http://www.npr.org/templates/story/story.php?storyId=121458912&ft=1&f=46

Minority Banks See Clients Through Tough Times

"Tell Me More, December 16, 2008 · Although the federal government is pouring billions of dollars into the nation's banks, minority-owned financial institutions serving African-American and Latino communities face their own unique challenges, such as higher unemployment rates and less access to credit. Bill Cunningham, of Creative Investment Research and Luis Pastor, of the Latino Community Credit Union, discuss helping their clients through economic crisis.

See: http://www.npr.org/templates/story/story.php?storyId=98325149

Audio for this story will be available at approx. 12:00 p.m. ET today."