Russell Simmons Enters Banking

15 May 2003

Russell Simmons Enters Banking

Def Jam co-founder Russell Simmons has branched into a new area - banking.

Simmons, founder of PHAT FARM men's apparel, has launched a prepaid VISA debit card that caters to the 48 million Americans without a bank account. Card users send in a cheque loaded onto the card or arrange for direct deposit of their paycheque.

He says, "This is the plastic you need so you can buy your kid's school books, so you can be part of the world."

15/05/2003 21:32

Contactmusic

More From The Web

Brad Pitt Takes Center-Stage As World War Z Premiere In New York [Pictures]

World War Z premiered in New York last night (the London premiere took place on 3rd June)...

Steve Carell On Gru's Reform, The Minions And His Co-Star In 'Despicable Me 2' Interview

Steve Carell, who plays the lead character Gru in 'Despicable Me 2', talks about the movie in an interview...

'Despicable Me 2' Star Kristen Wiig Takes Part In A Promotional Interview That Reveals A Little Too Much (Spoiler Alert!)

Kristen Wiig plays Agent Lucy Wilde, Gru's partner in crime and love interest, in animated comedy 'Despicable Me 2'...

John Mayer - Paper Doll Video

Take a lesson in romancercise with Joanna Rohrback from Prancercise LLC on the lyric video for John Mayer's...

Nick Offerman Talks Running Away, His Teenage Co-Stars And Comic Scenes In 'The Kings Of Summer' Interview

'Parks And Recreation' star Nick Offerman discusses his new movie 'The Kings Of Summer' in an interview...

Daft Punk are too star-struck to speak to their ultimate collaborator Brian Wilson

The French dance duo would love to work with the legendary Beach Boys singer and songwriter, but...

The Lonely Island Comedy Band Talk Friendships And Collaborations In An Interview On New Album 'The Wack Album' [Video]

Akiva Schaffer, Jorma Taccone and Andy Samberg of comedy band The Lonely Island discuss their new album...

Video - The Lonely Island Comedy Band Talk Friendships And Collaborations In An Interview On New Album 'The Wack Album'

Kim Kardashian Pictures: How Much Will Baby Photos Sell For?

We don't even know the baby's name yet, but Kim Kardashian's pictures of her little daughter are...

Daytime Emmy Awards: Isn't It Great When A Presenter Gets The Wrong Envelope? [Video]

Let's face it, awards ceremonies are largely dull affairs with predictable winners, glitzy dresses and...

	Rihanna Album Set For November Release?

	Dr Dre Named Hip-hop's Highest Earner

	Chris Lighty's Funeral To Be Held Today

	Marc Anthony Signs Up To Be A Us X Factor Mentor

Russell Simmons Enters Banking