FDIC sues J B Morris and B S Garrett for $1,157,302; charges they caused bank to buy 101 notes from 1st Amer Ins Corp, some illegally, at inflated values after acquiring control of bank in '63 Educated in the Atlanta Public School System and graduate of Turner High School. FACT CHECK: We strive for accuracy and fairness. He died in a Los Angeles nursing home in 1999. What Is The Banker True Story? Barker and Garrett decided to form a partnership investing in properties, where Barker was the face of the deals and Garrett remained invisible. Harmony Cemetery, 581 Veterans Memorial Hwy., Mableton. Bernard was born in Richmond County on November 15, 1924 to William S. and Bina Hunsucker Sexton. © 2021 A&E Television Networks, LLC. May the word of God comfort and strengthen you. “But he saw a bigger picture.”. The faces pretended to be the CEO, overseeing the day-to-day operations, while Garrett and Morris, the true owners, posed as chauffeurs and janitors to monitor their ventures under the radar, either by mopping the floors of their businesses or advising their faces during drives to work. But he wanted to make bigger deals, and after Barker died unexpectedly, Garrett became bolder in his mission. “He was seeking capital where capital was not available for African American businesspeople.”. Twice a week we compile our most fascinating features and deliver them straight to you. GARRETT, BernardGraveside Wednesday, November 4, 2020, 1 pm Mt. “The building block to success, to building wealth, is equity. Fast forward to the present, with “The Banker” finally arriving in theaters for a two-week run prior to a March 20 debut on Apple TV+. Garrett started other businesses but none on the scale he had previously known. Bernard S. Garrett and Joseph B. Morris, Appellants, v. United States of America, Appellee, 396 F.2d 489 (5th Cir. A reader claiming to be a family member of Bernard Garrett Sr., portrayed by Anthony Mackie in the film, is accusing a relative who helped bring Garrett… Please accept my condolences . Steiner also fronted their purchase of another Texas bank, First National Bank of Marlin. “Black-owned banks were able to help African Americans participate in the economy in ways they were never able to participate,” says Winford. Preceded in death by wife, Jackie. 1968) case opinion from the U.S. Court of Appeals for the Fifth Circuit Bernard born on June 12, 1945 in Atlanta, known as "Yunt". The film is based on Bernard Garrett, a Black man who had a white man be the face of his … Mackie plays Bernard Garrett Sr, who in the 1950s and 1960s recruited a white man, Matt Steiner, played by Hoult, as the face of his property and banking business. In a beat-up van, Garrett, his first wife Eunice, and their small children, drove to California in 1945 in pursuit of opportunity. Garrett broke down on the witness stand while trying to explain his role in a real estate mortgage deal blamed for the collapse of a Marlin, Texas bank. He worked for the United States Postal Service for over two decades, but Bernard's dream was to start his own business. But for Bernard Garrett, an African American born and raised in the South, the surest path to improving conditions for black Americans was by achieving economic freedom. The Banker is a 2020 American drama film directed, co-written and produced by George Nolfi.The film stars Anthony Mackie, Nicholas Hoult, Nia Long, Jessie T. Usher and Samuel L. Jackson.The story follows Joe Morris (Jackson) and Bernard S. Garrett Sr. (Mackie), two of the first African-American bankers in the United States. Previously an editor at Town & Country, she has written for The New York Times, Smithsonian, NBC News Digital, and other publications. Garrett wanted to create opportunities for African Americans who were routinely subjected to redlining, where banks denied them loans, relegating them to segregated and impoverished neighborhoods and limited income potential. But his pathway to wealth accelerated when he met a white real estate investor, whom Garrett formally called Mr. Barker. He was a member of Main Street Baptist Church and a … Who Is Bernard Garrett? In 1954, 13-year-old Bernard Garrett hangs around a bank in Marlin, Texas, listening to men in suits talk money and business and real estate deals. Barker owned an apartment building for sale in a white neighborhood that Garrett wanted to buy. Cynthia Garrett, a former VH1 and MTV interviewer and founder of Cynthia Garrett Ministries, is one of the daughters of Bernard Garrett Sr. (played by Mackie). Alexis Clark is the author of Enemies in Love: A German POW, A Black Nurse, and an Unlikely Romance, and an adjunct professor at Columbia Journalism School. Garrett approached Joe Morris, a successful black businessman who owned two nightclubs. The true story of two African American entrepreneurs, Bernard Garrett and Joe Morris, who during the 1950’s tried to circumvent the racial limitations of the era and take on the establishment by recruiting a working class white man, Matt Steiner and training him to pose as the head of their business empire while they posed as a janitor and a chauffeur. Anthony Mackie appeared on Thursday's episode of The Tonight Show and gave a powerful talk about the importance of voting. His life is portrayed in the 2020 film, “The Banker.”, “He could have functioned and operated and been successful without even thinking, ‘What about African Americans in Texas?’” said Winford. During the 1950s and ‘60s, the civil rights movement dominated the political landscape. They served nine months. Garrett’s banks became a lifeline for the black community. Bernard Garrett was a Black businessman in 1950s Los Angeles who with his partner, a nightclub owner named Joe Morris, bought up commercial and residential properties until he … HISTORY reviews and updates its content regularly to ensure it is complete and accurate. He worked odd jobs, completing the 11th grade in Houston and running his own cleaning business. Rev. In the 1950s and early 1960s, Bernard Garrett (Anthony Mackie) became a real estate mogul in Los Angeles and (eventually) the owner of a bank in … The film is rated PG-13 with a running time of … The Banker is based on the true story of Bernard Garrett (Anthony Mackie) who together with Joe Morris (Samuel L. Jackson), bought banks in Texas to give lending opportunities to … Once in the Golden State, Garrett started another cleaning service and a business collecting wastepaper, eventually saving enough money to buy property in Los Angeles. 2 Thessalonians 2:16,17, 581 Veterans Memorial Hwy., Mableton, Georgia. In the 1950s and early 1960s, Bernard Garrett (Anthony Mackie) became a real estate mogul in Los Angeles and (eventually) the owner of a bank in … The Banker stars Anthony Mackie and Samuel L. Jackson as Garrett Sr. and Joe Morris, two black men who, in the 1950s and 1960s, hired a white man to … Garrett paid below asking price, because the units needed fixing up, and obtained small loans from Barker and a bank to complete the project with an agreement that Garrett would rent out the building and pay back the loans. In the 1950s and early 1960s, Bernard Garrett (Anthony Mackie) became a real estate mogul in Los Angeles and (eventually) the owner of a bank in … “He operated in the shadows, because he had to,” says Brandon Winford, a historian at the University of Tennessee, Knoxville, and author of John Hervey Wheeler, Black Banking, and the Economic Struggle for Civil Rights. I'm so sorry for the loss of your loved one. Jose Adames, Presiding. “There was an orchestrated effort to keep African Americans from becoming a viable economic competitor in this country,” says Blair Smith, chief investment officer of the Upper Manhattan Empowerment Zone Development Corporation, a commercial real estate lender. Bernard Garrett Jr. — a coproducer on the movie and the son of Garrett Sr., who is played by Mackie in "The Banker" — was accused by his … With capital from Don Silverthorne, president of San Francisco National Bank who knew Morris, in 1963 Garrett and Morris bought the Main Land Bank & Trust Co. in Texas City, Texas, with Steiner as their front man. In the late 80's , Bernard launched his own resource publication; "Issues in Black America" Magazine. Bernard born on June 12, 1945 in Atlanta, known as "Yunt". Synopsis. When Steiner made a series of mishaps as banking laws were changing, Garrett and Morris found themselves under a government investigation, led by Arkansas Senator John McLellan, an anti-corruption sleuth and a vocal opponent of civil rights legislation. Using white colleagues as front men, Bernard Garrett bought real estate, made millions and uplifted fellow blacks in pursuit of the American dream. “They were able to purchase homes, take out a small loan to purchase an appliance or a car. On April 1, 1967, he married Jacquelyn "Jackie". Set in midcentury America, its true story line centers on Bernard Garrett (Mackie) and Joe Morris (Jackson), two African American entrepreneurs who enlist a … He writes mathematical formulas in a … Educated in the Atlanta Public School System and graduate of Turner High School. Bernard Garrett Jr. is no longer listed as a producer. Bernard Garrett Sexton, age 95, passed away Sunday, August 2, 2020 at his residence. And with a convincing plan, he did. That's why real estate is so important.”. John Hervey Wheeler, Black Banking, and the Economic Struggle for Civil Rights, Upper Manhattan Empowerment Zone Development Corporation, Enemies in Love: A German POW, A Black Nurse, and an Unlikely Romance. Garrett, unbeknownst to many, purchased at least 177 buildings, including what was considered to be the tallest structure in downtown Los Angeles in 1961, the Banker’s Building, all the while creating life-changing opportunities for African Americans. Find the obituary of Bernard Garrett (1934 - 2019) from Hanover, PA. Leave your condolences to the family on this memorial page or send flowers to show you care. But if you see something that doesn't look right, click here to contact us! Get email updates about Bernard Garrett delivered directly to your inbox. Garrett hired Matt Steiner as the face of the Banker’s Building acquisition, and it worked. The Banker is based on the true story of Bernard Garrett (Mackie) and Joe Morris (Jackson), who enlist a white man (Hoult) to pose as the face of … Before his death, he began other … In 1965, Garrett and Morris were sentenced to three years for misapplying $189,000 in bank funds. All Rights Reserved. “ The Banker “ is an odd title for this film. Educated in the Atlanta Public School System and graduate of Turner High School. It has the effect of underselling a fascinating story about a black business savant that was inspired by real events. Melvin I. Belli, right, a San Francisco lawyer, reads a statement for his weeping client, Bernard S. Garrett, in an appearance before the Senate Investigations Subcommittee in Washington, April 1, 1965. The plan required what Garrett later described as hiring “faces,” white men he coached in finance to carry out his deals, while he and Morris remained anonymous. The Banker opens at the Chase Park Plaza on Friday, March 6 and will stream on Apple TV+ beginning March 20. Born in the small town of Willis, Texas, in 1922, Garrett showed a knack for business early on. Garrett knew, however, he would need to leave the racial oppression of Texas if he wanted a chance to become a wealthy entrepreneur. Bernard served in the U.S. Air Force; stationed in Japan and other locations around the world. Garrett made good on his word, accomplishing two feats: he made a profit and rented units to blacks seeking better housing in an integrated area. Bernard born on June 12, 1945 in Atlanta, known as "Yunt". By 1954, Garrett was worth $1.5 million, the equivalent of $14.3 million in current times, making him one of the wealthiest blacks in the country. He proposed that they buy the Banker’s Building, where most of the banks in Los Angeles were headquartered. Survivors:, daughter, Marilyn (Benjamin) Nelson, sons, Reggie (Darlene) Garrett and Lionel (Jennifer) Garrett; grandchildren; Breyanna, Kionia, Travarius, Sierra, Dylan, Landon, Hogan & Lennox; great grandchildren; Xya, Deuce, Drew, Xane, Sire; special and devoted nephew, Scotty Corbin; other relatives and friends. He enrolled to Georgia State University earning his Bachelors Degree in Business. “The only time a man is really truly rich is when he controls money,” Garrett said years later in an interview about his life. But Garrett wasn’t done. Bernard Garrett Moves to California With Family In a beat-up van, Garrett, his first wife Eunice, and their small children, drove to California in 1945 in pursuit of opportunity. You have to have ownership. “I had a desire to return to Houston, Texas, the place of my birth to give relief to local colored people who were having great difficulty obtaining real estate loans,” he later said in testimony about his dealings before a senate subcommittee. Who Is Joe Morris? “The Banker” stars Jackson, Anthony Mackie and Nia Long. Garrett, whose story is portrayed in the film The Banker, passed away in a nursing home in Los Angeles in 1999. Even more nefarious, and the reason Apple abruptly pulled "The Banker" from its planned awards-season theatrical debut in December, are claims by Bernard Garrett … The film, about two black entrepreneurs who hired a white man to play their front man to buy buildings and a bank, focuses on Mackie's super smart character Bernard Garrett Sr., … Bernard played sports while in the Military and was offered a Major League Baseball Contract. Garrett traded his residential property deeds for stock in the Banker’s Building, gaining a controlling interest in the corporation that owned the property. Many black churches and schools were helped and saved because of African American-owned banks.”. Viewing today 9 am - 6 pm at Murray Brothers (404)349-30000 mbfh.com. , Texas, in 1922, Garrett and Morris were sentenced to three years for misapplying 189,000. Bernard born on June 12, 1945 in Atlanta, known as `` Yunt '' bernard garrett banker obituary Memorial Hwy.,.! 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