{"id":415140,"date":"2021-01-14T10:48:29","date_gmt":"2021-01-14T15:48:29","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=415140"},"modified":"2021-01-14T10:48:29","modified_gmt":"2021-01-14T15:48:29","slug":"duke-energy-establishes-relationship-with-optus-bank-to-support-minority-owned-businesses","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-establishes-relationship-with-optus-bank-to-support-minority-owned-businesses\/","title":{"rendered":"Duke Energy establishes relationship with Optus Bank to support minority-owned businesses"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">&#8211; Duke Energy deposits $5 million into Black-owned bank headquartered in South Carolina<\/h2>\n<h2 class=\"xn-hedline\">&#8211; Boosts funding to support Optus Bank&#8217;s efforts to address economic inequality and close the racial wealth gap<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">GREENVILLE, S.C.<\/span>, <span class=\"xn-chron\">Jan. 14, 2021<\/span> \/PRNewswire\/ &#8212; Duke Energy (NYSE: DUK) announced today it has deposited <span class=\"xn-money\">$5 million<\/span> into Optus Bank, a Black-owned bank based in <span class=\"xn-location\">South Carolina<\/span>, furthering the company&#8217;s support for diverse and minority-owned businesses, individuals and low income communities. The transaction was completed at the end of 2020.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.jpg\" title=\"Duke Energy, the nation's largest electric utility, unveils its new logo. (PRNewsFoto\/Duke Energy) (PRNewsfoto\/Duke Energy)\" alt=\"Duke Energy, the nation's largest electric utility, unveils its new logo. (PRNewsFoto\/Duke Energy) (PRNewsfoto\/Duke Energy)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>One of approximately 20 banks designated as Black or African American owned in the U.S., Optus Bank will use the money Duke Energy deposited to provide other minority-owned businesses and underserved communities equal access to capital loans and financial services. <\/p>\n<p>&#8220;This is so much more than a deposit in a bank. It&#8217;s an investment in people and communities that continue to face barriers to mainstream funding and support,&#8221; said <span class=\"xn-person\">Mike Callahan<\/span>, Duke Energy&#8217;s <span class=\"xn-location\">South Carolina<\/span> president. &#8220;Duke Energy is proud to be part of the solution.&#8221;<\/p>\n<p>This marks the largest deposit Duke Energy has made with a Black-owned bank in the U.S. and the company expects to evaluate additional similar opportunities in the future. And, this historic relationship expands Optus Bank&#8217;s depositors to include the utility sector.<\/p>\n<p>Optus Bank&#8217;s Chairman <span class=\"xn-person\">Paul Mitchell<\/span> added that &#8220;Duke Energy&#8217;s deposit will significantly fuel our ability to help all people build wealth and improve their lives, regardless of their background or situation. We are thankful that the South Carolina Minority Business Development Agency (MBDA) brought us together, and hope that other utilities follow Duke Energy&#8217;s leadership in delivering on their commitment to advance diversity, equity and inclusion.&#8221;<\/p>\n<p>This deposit provides additional capital to help more people like Accountant Kadenia Javis with Javis Tax Service pursue their dreams and survive in the current economic climate and beyond. &#8220;Optus Bank has been there for me in both good and difficult times, helping us grow our business and support us during the pandemic. Optus Bank also allowed us the opportunity to purchase our first commercial building with a drive-thru window. This assisted the accounting firm to offer contactless support to taxpayers,&#8221; added Ms. Javis.\u00a0 <\/p>\n<p>&#8220;We are proud to work with Optus Bank and excited that this collaboration shines a brighter light on the important role Black-owned banks play in our financial ecosystem,&#8221; said Callahan.<\/p>\n<p>\n        <b>Duke Energy<\/b>\n      <\/p>\n<p>Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in <span class=\"xn-location\">Charlotte, N.C.<\/span>, is one of the largest energy holding companies in the U.S. It employs 29,000 people and has an electric generating capacity of 51,000 megawatts through its regulated utilities and 2,300 megawatts through its nonregulated Duke Energy Renewables unit.<\/p>\n<p>Duke Energy is transforming its customers&#8217; experience, modernizing the energy grid, generating cleaner energy and expanding natural gas infrastructure to create a smarter energy future for the people and communities it serves. The Electric Utilities and Infrastructure unit&#8217;s regulated utilities serve 7.8 million retail electric customers in six states: <span class=\"xn-location\">North Carolina<\/span>, <span class=\"xn-location\">South Carolina<\/span>, <span class=\"xn-location\">Florida<\/span>, <span class=\"xn-location\">Indiana<\/span>, <span class=\"xn-location\">Ohio<\/span> and <span class=\"xn-location\">Kentucky<\/span>. The Gas Utilities and Infrastructure unit distributes natural gas to 1.6 million customers in five states: <span class=\"xn-location\">North Carolina<\/span>, <span class=\"xn-location\">South Carolina<\/span>, <span class=\"xn-location\">Tennessee<\/span>, <span class=\"xn-location\">Ohio<\/span> and <span class=\"xn-location\">Kentucky<\/span>. The Duke Energy Renewables unit operates wind and solar generation facilities across the U.S., as well as energy storage and microgrid projects. <\/p>\n<p>Duke Energy was named to Fortune&#8217;s 2020 &#8220;World&#8217;s Most Admired Companies&#8221; list and Forbes&#8217; &#8220;America&#8217;s Best Employers&#8221; list. More information about the company is available at <a target=\"_blank\" href=\"http:\/\/www.duke-energy.com\/\" rel=\"nofollow noopener noreferrer\">duke-energy.com<\/a>. The <a target=\"_blank\" href=\"http:\/\/news.duke-energy.com\/\" rel=\"nofollow noopener noreferrer\">Duke Energy News Center<\/a>\u00a0contains news releases, fact sheets, photos, videos and other materials. Duke Energy&#8217;s <a target=\"_blank\" href=\"http:\/\/illumination.duke-energy.com\/\" rel=\"nofollow noopener noreferrer\">illumination<\/a>\u00a0features stories about people, innovations, community topics and environmental issues. Follow Duke\u00a0Energy on <a target=\"_blank\" href=\"https:\/\/twitter.com\/dukeenergy\" rel=\"nofollow noopener noreferrer\">Twitter<\/a>, <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/duke-energy-corporation\" rel=\"nofollow noopener noreferrer\">LinkedIn<\/a>, <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/duke_energy\" rel=\"nofollow noopener noreferrer\">Instagram<\/a>\u00a0and <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/dukeenergy\" rel=\"nofollow noopener noreferrer\">Facebook<\/a>.<\/p>\n<p>\n        <b>Optus Bank<\/b>\n      <\/p>\n<p>Optus Bank&#8217;s origins date back to 1921 when a group of visionary and courageous African American leaders founded a bank on the principle that all people should have access to the American Dream, regardless of their circumstances. Optus Bank is a federally designated Minority Depository Institution, a U.S. Treasury Certified Community Development Financial Institution and an FDIC insured depository. If you believe that all people should have access to wealth building opportunities, visit us at <a target=\"_blank\" href=\"http:\/\/www.optus.bank\/\" rel=\"nofollow noopener noreferrer\">www.optus.bank<\/a>.<\/p>\n<p>Contact: <span class=\"xn-person\">Madison McDonald<\/span><br \/>24-Hour: 800.559.3853<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL49062&amp;sd=2021-01-14\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/duke-energy-establishes-relationship-with-optus-bank-to-support-minority-owned-businesses-301208632.html\">http:\/\/www.prnewswire.com\/news-releases\/duke-energy-establishes-relationship-with-optus-bank-to-support-minority-owned-businesses-301208632.html<\/a><\/p>\n<p>SOURCE  Duke Energy<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL49062&amp;Transmission_Id=202101141045PR_NEWS_USPR_____CL49062&amp;DateId=20210114\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8211; Duke Energy deposits $5 million into Black-owned bank headquartered in South Carolina &#8211; Boosts funding to support Optus Bank&#8217;s efforts to address economic inequality and close the racial wealth gap PR Newswire GREENVILLE, S.C., Jan. 14, 2021 \/PRNewswire\/ &#8212; Duke Energy (NYSE: DUK) announced today it has deposited $5 million into Optus Bank, a Black-owned bank based in South Carolina, furthering the company&#8217;s support for diverse and minority-owned businesses, individuals and low income communities. The transaction was completed at the end of 2020. One of approximately 20 banks designated as Black or African American owned in the U.S., Optus Bank will use the money Duke Energy deposited to provide other minority-owned businesses and underserved communities equal access to capital &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-establishes-relationship-with-optus-bank-to-support-minority-owned-businesses\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Duke Energy establishes relationship with Optus Bank to support minority-owned businesses&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-415140","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Duke Energy establishes relationship with Optus Bank to support minority-owned businesses - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-establishes-relationship-with-optus-bank-to-support-minority-owned-businesses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Duke Energy establishes relationship with Optus Bank to support minority-owned businesses - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"&#8211; Duke Energy deposits $5 million into Black-owned bank headquartered in South Carolina &#8211; Boosts funding to support Optus Bank&#8217;s efforts to address economic inequality and close the racial wealth gap PR Newswire GREENVILLE, S.C., Jan. 14, 2021 \/PRNewswire\/ &#8212; Duke Energy (NYSE: DUK) announced today it has deposited $5 million into Optus Bank, a Black-owned bank based in South Carolina, furthering the company&#8217;s support for diverse and minority-owned businesses, individuals and low income communities. The transaction was completed at the end of 2020. One of approximately 20 banks designated as Black or African American owned in the U.S., Optus Bank will use the money Duke Energy deposited to provide other minority-owned businesses and underserved communities equal access to capital &hellip; Continue reading &quot;Duke Energy establishes relationship with Optus Bank to support minority-owned businesses&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-establishes-relationship-with-optus-bank-to-support-minority-owned-businesses\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-14T15:48:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-establishes-relationship-with-optus-bank-to-support-minority-owned-businesses\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-establishes-relationship-with-optus-bank-to-support-minority-owned-businesses\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Duke Energy establishes relationship with Optus Bank to support minority-owned businesses\",\"datePublished\":\"2021-01-14T15:48:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-establishes-relationship-with-optus-bank-to-support-minority-owned-businesses\\\/\"},\"wordCount\":716,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-establishes-relationship-with-optus-bank-to-support-minority-owned-businesses\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/660545\\\/Duke_Energy_New_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-establishes-relationship-with-optus-bank-to-support-minority-owned-businesses\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-establishes-relationship-with-optus-bank-to-support-minority-owned-businesses\\\/\",\"name\":\"Duke Energy establishes relationship with Optus Bank to support minority-owned businesses - 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The transaction was completed at the end of 2020. 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