Latunya Wright’s story is one of remarkable resilience and determination. From facing personal tragedies to serving time in federal prison, Wright has defied the odds. She’s now the proud owner of Wright Financial Bank, a testament to her unwavering spirit.
From Federal Prison to Financial Success
Wright’s journey began with a four-year stint in federal prison. She was incarcerated for her role in a multi-million dollar heist at an ATM service company. However, this setback didn’t define her future.
After her release, Wright channeled her energy into education and entrepreneurship. She enrolled at Forest Park Community College, studying Business and Accounting. It was here that she discovered her talent for taxes.
Overcoming Childhood Trauma and Health Challenges
Wright’s path wasn’t easy from the start. At age 9, she endured abuse from a family member. By 14, she was diagnosed with epilepsy. These challenges, coupled with her father’s death, could have derailed her.
Instead, they fueled her determination. Wright started working at McDonald’s after school to support herself. She also joined a summer program with the Urban League, where her work ethic shone through.
Building a Business Empire from the Ground Up
Wright’s business acumen blossomed with her tax preparation services. She started with family and friends, but soon her clientele grew. This success led her to explore new ventures.
She ventured into car auctions, becoming the only young Black woman bidding against established white business owners. Her confidence earned her respect and recognition in the industry.
Facing Scrutiny and Overcoming Legal Challenges
Wright’s rapid rise in business attracted attention from authorities. They scrutinized her success, given her past legal troubles. Despite this, she persevered and expanded her enterprises.
She added a tow truck to her fleet and ventured into real estate. Even when faced with significant challenges due to her record, Wright found ways to survive and thrive.
The Birth of Wright Financial Bank
Today, Wright is known as “The Lady That Bought the Bank.” In 2022, she purchased the old Great Southern Bank building in Miller. Her plans? To open a fully digital financial institution.
Wright Financial Bank offers services beyond traditional banking. These include real estate investing opportunities, insurance, and credit repair. She’s also sharing her knowledge on becoming a tax partner.
Wright’s advice to aspiring entrepreneurs is simple yet powerful. “My best piece of advice for readers who desire to find success in their life would be to not give up, follow their hearts and not worry about what anyone thinks,” she says.
Latunya Wright’s journey from federal prison to successful bank owner is truly inspiring. Her story shows that with determination and resilience, it’s possible to overcome any obstacle and achieve remarkable success.
