A new, gay-friendly bank deemed "G&L Bank" by co-founders Steven Dunlap and Keith E. Cotham, will offer walk-in banking at its Pensacola, FL headquarters and service throughout the U.S. via online "branches."
Dunlap first got the idea to start a gay-friendly bank after being repeatedly denied funding for a gay and lesbian resort that he dreamed of building. "You could just see the color run out of their faces," said Dunlap, referring to the bankers who denied his request for a loan.
Houston retail manager Michele Johnson told AP that she intends to bank with G&L because she knows that gay and lesbian partners who try to open joint checking accounts at traditional banks face rampant discrimination. "You know, the looks, the cold shoulders, people not really wanting to do that and making you jump through all the hoops," she said.
The bank currently has 11 employees, about half of whom are gay or lesbian, and half of whom identify as heterosexual. G&L expects to add another 14 employees to its staff before the bank opens in late spring '99.
5/27/2015 California Passes Reproductive FACT Act - The California State Assembly passed the Reproductive Freedom, Accountability, Comprehensive Care and Transparency (FACT) Act yesterday.
AB 775, or the FACT Act, passed 48-25 in a vote, and requires that unlicensed facilities in California that provide pregnancy-related services disclose that they are not licensed medical providers. . . .
5/26/2015 Ireland Votes Overwhelmingly to Legalize Same-Sex Marriage - Over the weekend, the people of Ireland voted overwhelmingly to pass a national referendum legalizing same-sex marriage.
Ireland became the first country in the world to pass marriage equality through popular vote on Friday. . . .