HBCUs' Role In Holding Banks Accountable

by Reamonn Soto

As a senior at Florida A & M University, I have seen firsthand the tradition of students taking social action on issues that includes voter registration, rallies on the injustices of the Martin Lee Anderson vs. the State of Florida, marches to the polls doing historic elections, and Occupy Tallahassee protests. Florida A & M has a history of students getting involved that stretches back to the 50’s and 60’s doing times of social unrest and change in the nation.

The students of Florida A&M University were an integral in sparking a boycott of the buses in Tallahassee that successfully staged integrated the city’s public transportation.  As a result of their courage and determination, the students of Florida A&M University established a legacy of social involvement and responsibility as a part of the collegiate experience for future generations of Rattlers.

Student have once again, geared up for not only social action, but economic action as they partnered with movements that includes Occupy Tallahassee, Student Government Associations and civic organizations in an effort to divest from big corporate banks who take our money and send it to other communities at our expense, rather than keep the dollars within our own communities safely invested into community revitalization projects around our campus.

The neighborhoods that surround are campus have deteriorated, whereas, families who have been in their homes for 20 to 30 years can’t get a loan from the bank to fix up their properties, allowing the values of not only the homes to depreciate, but the community as a whole. An addition, local schools are appropriated funds based on the property values of the homes in the surrounding area, if the home values are dropping, so are the schools and quality of grocery stores surrounding these areas.

From time to time, a generation is once again called to action. It’s the time again, and students on the campus of Florida A & M University have once again answered that call. Students have become more aware of the economic inequalities, and are taking action. On November 7, 2011, students begun storming the campus and Tallahassee community, building more awareness of bank transfer day, that will continue happening not only in Tallahassee, Florida, but across the country.

Keep in touch

Sign up to receive our updates and get access to all features of this website. Sign in with:

Latest from the blog

Jul 10, 2017
"Historic new research from CDP, voted no. 1 climate change research provider by institutional investors, in collaboration with the Climate Accountability Institute, today reveals that 71% of all global GHG emissions since 1988 can be traced to just 100 fossil fuel producers. This group is the source of 635 billion tonnes...
Mar 23, 2017
Congratulations to the activists at York University! "The York University Advisory Committee on Responsible Investment (YUACRI) has voted to recommend the University's divestment from arms manufacturers and fossil fuels. YUACRI was established in 2012 to integrate environmental, social and corporate governance (ESG) considerations into investment management processes and ownership practices...
Mar 15, 2017
"Columbia University, New York, will divest certain coal industry investments in support of addressing climate change, Lee Bollinger, the university president, said in a message posted on the university’s website. University trustees have agreed to divest from companies deriving more than 35% of their revenue from thermal coal production, he...