Learning about the history of race in banking
This is a regularly curated list of some of Beneficial State Foundation’s go-to resources for understanding the intersection of race and banking.
History of banking, our economy, and racial inequity
- A few helpful organizations:
- Recommended books:
- Banking on a Revolution by Terri Friedline
- The Banks We Deserve: Reclaiming Community Banking for a Just Economy by Oscar Perry Abello
- The Bankers’ New Clothes: What’s Wrong with Banking and What to Do about It by Anat Admati and Martin Hellwig
- The Color of Money by Mehrsa Baradaran
- The Color of Law by Richard Rothstein
- Dog Whistle Politics by Ian Haney Lopez
- How the Other Half Banks: Exclusion, Exploitation, and the Threat to Democracy by Mehrsa Baradaran
- The White Wall: How Big Finance Bankrupts Black America by Emily Flitter
- Additional reading materials:
- A Neighborhood’s Race Affects Home Values More Now Than in 1980
- Advancing Racial Justice for Frontline Bank Workers
- Black-Owned Firms Are Twice as Likely to be Rejected for Loans. Is this Discrimination?
- Do Banks Discriminate? More Often Than You Think
- For People of Color, Banks Are Shutting the Door to Homeownership
- How B Corps are Using Financial Services to Address Racial Equity and Bridge the Racial Wealth Gap
- How the Deal Went Down
- How the GI Bill’s Promise Was Denied to a Million Black WWII Veterans
- Is Our Economy Fair?
- Lack of credit has been a huge obstacle for Black home buyers. Now some lenders are trying to fix that.
- The Racialized Costs of Banking
- Targeted Universalism
- This is What Racism Sounds like in the Banking Industry
- Understanding Racial Trauma’s Impact on Financial Literacy
- Select webinars and videos:


