CNote: Apple is deploying $25 million from its REJI to support underserved communities

CNote has announced that Apple is deploying US$25 million from its Racial Equity and Justice Initiative to support underserved communities in the U.S.

The funds will be made available through CNote as cash deposits to credit unions and community banking institutions. CNote is a women-led fintech platform helping individual and institutional investors align their fixed income and cash portfolios with their values.

Apple’s Racial Equity and Justice Initiative (REJI) is a long-term effort to help ensure more positive outcomes for communities of color, particularly for the Black community. Apple launched it with a $100 million commitment in February 2021. You can read more bout the company’s Racial Equity and Justice Initiative here.

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.