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.
The following is a statement by our Founder and President, Eleanor Smeal, on the events in Ferguson, Missouri.
The Feminist Majority Foundation calls for the appointment of a special prosecutor to conduct a thorough, unbiased investigation into the shooting death of unarmed African-American teenager Michael Brown by Ferguson, Missouri police officer Darren Wilson.
The killing of Michael Brown and the blundered, militarized response by law enforcement to the call for justice is a tragic reminder that in many African American communities across the nation, the police themselves can be a threat.
Given the distrust of the police by the local African American community, the close ties between the St. . . .