News and Commentary

America’s First Ever ‘Gay Bank’ Approved By Michigan

John Bickley
America’s First Ever ‘Gay Bank’ Approved By Michigan
Gabby Jones/Bloomberg via Getty Images

America is set to get its first ever “gay bank.”

On Monday, the state of Michigan approved a charter for Superbia Credit Union, which will offer products and services specifically designed to meet the financial needs of lesbian, gay, bisexual and transgender customers, a demographic that has an increasingly appealing buying power for financial institutions.

Got a tip worth investigating?

Your information could be the missing piece to an important story. Submit your tip today and make a difference.

Submit Tip