Chicago deposits $20 million into the city's last black-owned bank, and other news | Bleader

Tuesday, September 19, 2017

Chicago deposits $20 million into the city's last black-owned bank, and other news

Posted By on 09.19.17 at 06:00 AM

Sign up for our newsletters Subscribe

click to enlarge City treasurer Kurt Summers - KEVIN TANAKA/FOR THE SUN-TIMES
  • Kevin Tanaka/For the Sun-Times
  • City treasurer Kurt Summers

Welcome to the Reader's morning briefing for Tuesday, September 19, 2017.

  • Chicago deposits $20 million into the city's last black-owned bank

The city of Chicago is depositing $20 million into Illinois Service Federal Savings & Loan Association, the city's last black-owned bank. There are only a few dozen left in the U.S., and #BlackBank, a grassroots campaign, is encouraging people to deposit their money in them. "If we're going to be serious about supporting those communities and supporting community banks and what they do for small businesses, we have to look for opportunities like this," city treasurer Kurt Summers, who was behind the move, said in an interview with Bloomberg. [Bloomberg]

  • City evicts the homeless from Wilson Avenue viaduct

On Monday city crews cleared out what remained of a homeless encampment under the Wilson Avenue viaduct, then ousted those who had moved their tents to a parkway west of the bridge. City officials say they have been working to find alternative housing for those displaced, but "many . . . say they don't want the sheltered offered," the Tribune reports. [Tribune]


  • Immigrants flocking to smaller midwestern cities like Rockford

Rockford may be losing many of its native residents, but immigrants are flocking to it and other smaller, midwestern cities, according to Tribune. The city lost 10,000 residents between 2010 and 2016, but the number of immigrants grew by 64 percent between 2000 and 2015, mitigating the drop. "I think in Rockford, you can be part of America," Sunil Puri, who immigrated from India to Rockford in the 1970s, told the Tribune. "The middle class, in the middle part of the country, in Midwestern America." [Tribune]

  • Kenneka Jenkins's family asks FBI to investigate her death in hotel freezer

The family of Kenneka Jenkins is asking the Federal Bureau of Investigation to investigate her death at a suburban hotel. Jenkins was found dead in a freezer September 10 at the Crowne Plaza O'Hare & Conference Center in Rosemont, and on Friday officials released video showing her staggering alone through the hotel's hallways and in the kitchen. On Saturday, Jenkins's mother, Tereasa Martin, led a group of about 30 people from a memorial service in Douglas Park to the FBI's Chicago field office to demand an investigation. Martin says the time line of the video doesn't make sense to her. "I'm just looking for help—that's all I've been asking for since day one." [Tribune]

  • Chicago reduced carbon emissions by 11 percent over ten years

Chicago's carbon emissions decreased by 11 percent from 2005 to 2015 and is on pace to meet its self-imposed Paris Climate Agreement goals, according to Mayor Rahm Emanuel. The mayor also announced Monday that the city will host the annual Global Covenant of Mayors for Climate and Energy's North American Climate Summit in December. "While the current administration buries its head in the sand on climate change, it is now up to Chicago and other cities to develop a sustainable 21st-century economy," the mayor said. [DNAinfo Chicago]

  • In humorous letter, Netflix asks Stranger Things-themed pop-up bar to shut down

The Upside Down, a Stranger Things-themed pop-up bar in Logan Square, is set to close October 1 after attorneys for Netflix sent an unusually humorous cease-and-desist notice asking for its closure. "We love our fans more than anything, but you should know that the demogorgon is not always as forgiving," the letter says, referencing a nickname for the monster on the show. "So please don't make us call your mom." [DNAinfo]


Tags: , , , , , , , , , , , , , , , , , ,

Comments

Subscribe to this thread:

Add a comment

More by Kate Shepherd

Tabbed Event Search

The Bleader Archive

Popular Stories