The Future of BIPOC Banking with Zachary Smith

In this episode, Neelam engages in a thought provoking conversation with financial expert Zachary Smith about the concept of financial healing and reimagining money as a tool for liberation. Zachary, a seasoned financial executive with over 25 years of experience at notable institutions, shares his insights on generational wealth and its significance. He emphasizes the importance of time as a resource in building generational wealth and how his personal story has shaped his commitment to empowering minority and women led businesses. Together, they explore the transformative potential of financial institutions when they prioritize community, equity, and long-term impact.

 "Generational wealth allows you time, time to spend with people you want to spend it with, time to do the things you want to do."

Notes:

[00:06:43] Barriers to capital access.

[00:11:20] Access to capital for entrepreneurs.

[00:16:20] Breaking generational cycles of money.

[00:25:17] Entrepreneurship and funding disparities.

[00:31:23] Community support for financial access.

[00:40:21] Redefining wealth beyond money.

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• Redemption Bank

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