We study the effect of racial minority bank ownership on minority credit access. Using new data for 87 million minority … borrowers, we present four main findings. First, minority-owned banks specialize in same-race mortgage lending. Over 70 percent … of their mortgages go to borrowers of bank owners' same race. Second, the effect of minority bank ownership on minority …

, which potentially mitigates some managerial self-dealing but opens the door for the expropriation of minority shareholders …