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.
11/21/2014 Fifth Circuit Court Refuses to Reconsider Ruling Blocking Mississippi TRAP Law - The full US Court of Appeals for the Fifth Circuit on Thursday refused to reconsider a panel decision blocking enforcement of a Mississippi law that threatened to close the last remaining abortion clinic in the state.
In July, a panel of the Fifth Circuit Court of Appeals upheld a preliminary injunction against a Mississippi TRAP (Targeted Regulation of Abortion Providers) law requiring abortion providers to obtain admitting privileges at local hospitals. . . .