Central Los Angeles : African Americans Urged to Switch Accounts on ‘Change Bank Day’
Local black-owned banks are urging African Americans throughout Los Angeles to participate in “Change Bank Day,” scheduled for this Saturday.
Carlton Jenkins, president of the Founders National Bank, said he and other bank officials are urging African Americans to switch their accounts to one of five black-owned banks or credit unions “to become more fully engaged in recycling their dollars in the spirit of the ‘Million Man March.’ ”
“It’s time for us to be responsive and fully committed,” Jenkins said. “It’s done in the Asian community very, very well and we want to take it to that level.”
The participating banks will be open Saturday from 9 a.m. to 1 p.m. and will have extra staff to make the bank switch easier for customers, Jenkins said.
“We’re just trying to get people to react and be proactive,” he said, “and we plan to do it again as an ongoing effort to keep people focused.”
The participating banks are: Founders National Bank, 4143 Crenshaw Blvd. and 477 E. Compton Blvd. in Compton; Family Saving Bank, 3683 Crenshaw Blvd. and 1335 N. Lake Ave. in Pasadena, and South-Central People’s Federal Credit Union, 3001 W. Vernon Avenue.
For more information, call: (310) 673-7777.
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