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February 04.2026
2 Minutes Read

How ARCHIVE CLT and Fifth Third Bank are Transforming Charlotte's Community

Wall of music and cultural memorabilia in Charlotte's community.

Transforming Charlotte’s Historic West Side

Charlotte's Historic West Side is undergoing a remarkable transformation, thanks in large part to community-focused initiatives and dedicated local leaders. Fifth Third Bank is making a significant impact with its multifaceted investments aimed at improving life in historically underserved neighborhoods. Their commitment to economic mobility and community development is exemplified by the support of ARCHIVE CLT, a cafe and cultural hub founded by local entrepreneur Cheryse Terry.

ARCHIVE CLT: A Beacon of Cultural Heritage

Cheryse Terry, a self-taught archivist born and raised in Charlotte, has created a vibrant space in the form of ARCHIVE CLT on Beatties Ford Road, which serves as a gathering point to celebrate Black history and culture. With an impressive fundraising achievement of $40,000 in just 40 days, Terry opened ARCHIVE CLT to empower local residents through education and cultural engagement. The site not only houses Terry's personal collections but also hosts events that foster community connection and pride.

Invigorating Communities with Targeted Investments

The initiatives by Fifth Third Bank are part of a broader strategy through its Neighborhood Program in collaboration with organizations such as LISC and Enterprise Community Partners. These partnerships aim to enhance affordable housing, support small businesses, and strengthen workforce development within the community. These investments come at a crucial time, as Charlotte navigates challenges in access to resources and economic opportunity.

Celebrating Community Leadership and Collaboration

Terry's dedication to preserving history resonates with Fifth Third Bank's mission to enable community-led initiatives. Together with organizations like LISC Charlotte, which recently celebrated six years of impactful investments, community development is flourishing. Over the past six years, LISC Charlotte alone has invested over $106 million, effectively leveraging additional funds to support local needs, such as creating a cooperative grocery store for residents.

Looking Ahead: A Vision for Future Growth

The growth witnessed in the Historic West Side exemplifies the potential for what can happen when local voices are amplified through necessary resources. As more residents and organizations come together, the emphasis remains on collaboration and the celebration of shared heritage. Local leaders, such as those highlighted during recent community events funded by the Knight Foundation, strengthen the call for inclusive engagement. Programs aimed at boosting cultural vitality are on the rise, paving the way for future initiatives to emerge.

Join the Movement

As Charlotte continues to evolve, the stories of local heroes like Cheryse Terry remind us of the power of community-driven projects. Keeping in touch with these initiatives can inspire further action and awareness among residents. If you enjoyed this story, why not stay connected? Join Charlotte Local Unplugged on Facebook and YouTube for exclusive local information.

Charlotte Culture

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