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Bank King Card Empowers Single Moms

Bank King Card Empowers Single Moms

Published 13 hours ago
Description

Redemption Bank just launched the Bank King Card, a bold new debit card designed to lift single mothers in subsidized housing out of poverty. Debuting on Juneteenth, every new account triggers a fixed donation to nonprofits helping families in need—no matter how much the cardholder spends. Built by a Black-led bank co-founded by Bernice A. King, this initiative targets the systemic gaps that keep households led by women of color trapped in financial hardship. When money flows directly to moms and kids, it’s spent on essentials—and more: better nutrition, education, dignity, and long-term stability. This isn’t just banking; it’s a movement to turn financial support into generational change.

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