Black-owned bank launches debit card to help single mothers break poverty cycle (opens original article in a new tab)

A Black-owned bank in the U.S. has launched a debit card program to assist single mothers in government-subsidized housing, with donations from account openings directed to nonprofits supporting families in need. The initiative, launched on Juneteenth, aims to address economic challenges faced by single-mother households.

• Redemption Bank launches 'Bank King Card' to support single mothers in poverty
• Card donations from account openings go to nonprofits aiding needy families
• Initiative aligns with Juneteenth and addresses economic hardship for single-mother households