Business

Wells Fargo Donates $2 Million to Main Street Launch in Oakland

OAKLAND POST — Wells Fargo Bank gave a $2 million grant to an Oakland-based small business lender on Monday morning, according to bank officials. The donation to Main Street Launch, described as a Community Development Financial Institution, was announced at a news conference at a small business in Oakland – McMullen Boutique at 2257 Broadway in Oakland.

Published

7 years ago

May 22, 2019

Oakland Post

By The Oakland Post

Wells Fargo Bank gave a $2 million grant to an Oakland-based small business lender on Monday morning, according to bank officials.

The donation to Main Street Launch, described as a Community Development Financial Institution, was announced at a news conference at a small business in Oakland – McMullen Boutique at 2257 Broadway in Oakland.

Sherri McMullen, the boutique owner, spoke about the importance of small business loans, and her experience as a Main Street Launch client.

“An investment in a small business, like McMullen, is an investment in someone’s dream and in the growth of the local economy,” she said in a statement.

In an interview, McMullen noted that she had been uncomfortable attempting to get conventional funding when she decided to open her boutique. She ended up going to friends and using her savings. Eventually, she was introduced to Main Street Launch and applied for a microloan.

It made all the difference for her. Robert Lattimore, who helps provide access to capital for African American entrepreneurs at Main Street Launch, understood small business in general, and specifically understood McMullen’s business and personal goals as a single mother trying to raise a son and maintain her Oakland roots.

“With that funding, I’ve been able to bring on people, you know, more staff management, employees who are employed in Oakland and live in Oakland. That’s also important to help my staff with their needs as well,” McMullen said.

Wells Fargo’s commitment at this time helps extend Main Street Launch’s reach. “And, (the grant) is helping support a community, it’s helping support people who are really grounded and rooted in helping the economic growth of a city that they care so much about,” McMullen said.

Lattimore, Main Street Launch executive vice president of diverse markets, is also passionate about “small businesses in the Bay Area because small businesses are really the backbone of the economy of the United States. For example, there are about 2.85 million African-American small businesses located throughout this country. As we move toward the year 2046 the demographics of this country will change. And, it’s critically important that small businesses and particularly businesses of color are a part of a vibrant community, and by them being vibrant it will allow them to create assets, wealth, and income.”

For more information on Main Street Launch, please go to: https://www.mainstreetlaunch.org/.

Bay City News, Internet sources contributed to this report.

This article originally appeared in the Oakland Post.

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Seth Curry Makes Impressive Debut with the Golden State Warriors

Seth looked comfortable in his new uniform, seamlessly fitting into the Warriors’ offensive and defensive system. He finished the night with an impressive 14 points, becoming one of the team’s top scorers for the game. Seth’s points came in a variety of ways – floaters, spot-up three-pointers, mid-range jumpers, and a handful of aggressive drives that kept the Oklahoma City Thunder defense on its heels.

Published

1 week ago

December 4, 2025

Oakland Post

Seth Curry is a point guard on the GSW team.Photo courtesy of the Golden State Warriors.

By Y’Anad Burrell

Tuesday night was anything but ordinary for fans in San Francisco as Seth Curry made his highly anticipated debut as a new member of the Golden State Warriors. Seth didn’t disappoint, delivering a performance that not only showcased his scoring ability but also demonstrated his added value to the team.

At 35, the 12-year NBA veteran on Monday signed a contract to play with the Warriors for the rest of the season.

One of the most memorable moments of the evening came before Seth even scored his first points. As he checked into the game, the Chase Center erupted into applause, with fans rising to their feet to give the newest Warrior a standing ovation.

The crowd’s reaction was a testament not only to Seth’s reputation as a sharpshooter but also to the excitement he brings to the Warriors. It was clear that fans quickly embraced Seth as one of their own, eager to see what he could bring to the team’s championship aspirations.

Warriors’ superstar Steph Curry – Seth’s brother – did not play due to an injury. One could only imagine what it would be like if the Curry brothers were on the court together. Magic in the making.

Seth’s debut proved to be a turning point for the Warriors. Not only did he contribute on the scoreboard, but he also brought a sense of confidence and composure to the floor.

While their loss last night, OKC 124 – GSW 112, Seth’s impact was a game-changer and there’s more yet to come. Beyond statistics, it was clear that Seth’s presence elevated the team’s performance, giving the Warriors a new force as they look to make a deep playoff run.