Killer Mike hot 107.9 banks

Killer Mike gets Atlanta residents to move more than $800K to black-owned bank

Since Killer Mike appeared on Hot 107.9, more than 8,000 people have moved their money to Citizens Trust Bank.

- Jul 15, 2016

Last week, Killer Mike appeared on one of his hometown's radio stations, Atlanta's Hot 107.9, outraged by the police murders of Philando Castille and Alton Sterling. "It's time to get angry and do something," he said. His suggestion: go down to your bank tomorrow and say, "Until you as a corporation start to speak on our behalf, I want all my money," and then take your money to Citizens Trust.

Part of the idea is to leverage the collective economic power of the people to ask corporations, which wield considerable political weight, to act in alliance, not sit idly by. Diverting your business to a black bank, which has a long history of supporting the black community and black causes, doesn't just send a powerful message, it takes resources away from institutions enabling the abusers and transfers those resources to an institution more willing to protect its community. When the economy becomes entangled, change will happen quickly.

Citizens Trust Bank, a longstanding black-owned bank in Atlanta, reports that since Killer Mike's call to action, more than 8,000 people have opened new accounts. Considering the bank's $100 minimum, that's at least $800,000. Mike says the goal is $100 million.

The bank's president and CEO tweeted a thank you at the Atlanta rapper and activist, saying that with this sort of collective action, they'll help change the conversation.

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