versus being a department of the bank. My mother taught me and my siblings the importance/power of helping your fellow neighbor. The opportunity to lead Generations Community Bank allows me to honor that teaching while making an economic difference in Indiana.” London and his team aim to address the wealth gap in central Indiana that, according to GCB’s research, currently shows white families holding on average 7.8 times the net wealth of a Black family and 30% more homeownership than Black individuals, 27% more than Latin Americans and 15% more than Asian Americans. “Generations Community Bank’s service model aims to provide the resources, education and financial support to create more business owners and homeowners from underserved communities, and assist them in creating generational wealth,” he said. Despite the bank’s emphasis on underserved populations, London emphasized that “this bank will serve the ENTIRE community. It is not a Black bank or a Latino bank or an Asian bank. It will be a very inclusive, mission-driven bank that will aim to create economic mobility for all Hoosiers and will pay close attention to and focus on those communities that have been overlooked and underserved.” “In this sense, the bank will be focused on equality of opportunity, not equality of results,” Sanchez added. “We are proud to have the support of Gov. Mike Braun and our state and federal regulators.” Generations Community Bank leadership team (front row, from left) Kyle Middleton, chief credit officer; Rafael Sanchez, lead organizer, director (will remain on staff at ONB); David Bratton, chief financial officer & chief operating officer; (back row, from left) Brittany Hall, VP-operations; Al London, president & CEO; and Michelle Carrera, chief compliance & risk officer COVER STORY CONT. 14 HOOSIERBANKER
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