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List of Black-Owned Banks by State. We compiled a list of Black-owned banks across the U.S. so you can support these financial institutions and help build wealth within the African American...
To be considered a Black-owned bank, a financial institution must serve minority communities and be at least 51% Black-owned, according to the Urban Institute. Today, there are 40 Black-owned banks in the US.
Our list focuses on more than 250 U.S. Black-owned (and Black-led) banks and credit unions, and a rare few are Black-owned nonbank tech firms that partner with banks to offer...
Black-owned banks and credit unions provide access to capital for majority-Black communities. To find a bank that might be a good match, check out our list.
From 1888 to 1934, more than 134 Black-owned financial institutions were founded, predominantly located in Southern states. Their numbers dwindled during the Great Depression, leaving nine by...
The 2022 guide to Black-owned banks, credit unions, and other banking options to support racial justice. Includes all banks in the U.S., plus tips to find a new bank.
Oldest Black-Owned Bank: The oldest Black-owned bank still in operation is Citizens Savings Bank and Trust Company, established in 1904. Assets: The total combined assets of all Black-owned banks were under $8 billion as of September 2022. Loans: Black-owned banks account for less than 1% of all mortgage lending to Black borrowers.