Urban revitalization is goal of new bank initiative.

The article reports on the launch of the Minority Bank initiative by facility and kidney care services leader DaVita Inc. that aims to ignite economic growth in underserved communities in New York. It notes that 5 million dollars have been donated by DaVita through bank partnerships with Carver Federal Savings Bank. Kent Thiry, chief executive officer (CEO) of DaVita, mentions that DaVita is able to support the revitalization of underserved neighborhoods through the initiative.