Greg Braca is President and CEO of TD Bank, America's Most Convenient Bank®, one of the 10 largest banks in the U.S. TD Bank provides more than 9 million customers with retail, small business and commercial banking products and services throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida.
The pandemic has highlighted the depth of disparities that exist in communities of color, especially as it relates to small businesses, which serve as the backbone of our economy. The equity fund will ultimately infuse capital and help stabilize these small businesses. But it's also about contributing to job creation, stimulating economic development, revitalizing these vibrant communities and, just as important, breaking the cycle of disinvestment which systemically prevents communities of color from thriving. Small businesses are the heart of our communities – especially communities of color – and it's up to us to help them succeed.5 July 2021