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Is the movie The Banker (2020) based on a true story?

Olivia Thompson Olivia Thompson Dec 20, 2022 · 1 min read
Is the movie The Banker (2020) based on a true story?
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Yes, The Banker (2020) is based on a true story. The movie is based on the life of two African American entrepreneurs, Bernard Garrett and Joe Morris, who challenged the racial discrimination in the housing industry during the 1950s and 1960s.

What is the true story behind the movie The Banker (2020)?

The Banker is a 2020 movie based on the true story of two African American entrepreneurs, Bernard Garrett and Joe Morris, who challenged the racial limitations of the banking industry in the 1960s.

Bernard Garrett, a self-taught businessman, and his partner, Joe Morris, decided to purchase a bank in Texas in order to increase economic opportunities for African Americans. However, they faced racial barriers that prevented them from owning and operating the bank themselves, so they recruited Matt Steiner, a white man, to act as the front for their business while they secretly ran the bank.

The trio successfully flipped bank after bank, providing African Americans with loans and financial services that had been previously out of reach. However, their scheme eventually caught up with them, and they were convicted of fraud and sentenced to prison.

Despite the setbacks, the work of Bernard Garrett and Joe Morris helped pave the way for greater access to capital and financial services for African Americans, and their story continues to inspire aspiring entrepreneurs today.

Are there any books about the true story behind the movie The Banker (2020)?

Yes, there is a book about the true story behind the movie The Banker. The book is called “The Banker’s Husband: A True Story of Betrayal, Revenge, and Redemption” and it is written by Diane Francis. The book chronicles the story of Bernard Garrett, the real-life inspiration for the character played by Anthony Mackie in the movie. It delves into his life as a banker and his efforts to break down racial barriers in the banking industry. The book also touches on the scandal that ultimately derailed his career and led to his imprisonment.

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Olivia Thompson
Written by Olivia Thompson
Making a difference, one step at a time.