Did You Know There Were 21 African American Owned Banks In The Country?

[PikaDaDon]

http://urbanintellectuals.com/2013/...-african-american-owned-banks-in-the-country/

Many people claim they don’t keep their money in African American or Black owned banks because they are not aware of any that exist. Well, this article’s aim is to eradicate this line of excuses. We are going to provide comprehensive list of the 21 African American owned banks in the United States.

These 21 banks have total assets of approximately $4.7 billion dollars. This is a measly 0.43 percent of the $1.1 trillion dollars of annual spending power of the African American community. That’s right, we have over a trillion dollars in spending annually, but only keep $4.7 billion dollars of this in Black Owned Banks.

ALAMERICA BANK

Location: Birmingham, Alabama

Founded: January 28, 2000

FDIC Region: Atlanta

Assets: $35 404 000

BROADWAY FEDERAL BANK FSB

Location: Los Angeles, California

Founded: February 26, 1947

FDIC Region: San Francisco

Assets: $385 055 000

CAPITAL CITY BANK & TRUST COMPANY

Location: Atlanta, Georgia

Founded: October 3, 1994

FDIC Region: Atlanta

Assets: $294 572 000

CARVER STATE BANK

Location: Savannah, Georgia

Founded: January 1, 1927

FDIC Region: Atlanta

Assets: $41 573 000

What will you guys do with this information?

 

[Bunchy Carter]

There were 48 banks back in 2001 and over time the number has been dwindling. The black banks have to keep with the changing times of mobile apps and snap shot deposits. They have to start employing these young black college grads with programming skills to keep up with the changing world. Also back then the biggest supporters of black banks were black churches; but that was during the time where black pastors actually cared about keeping the black dollar in the community. Now we had these hoe ass pastors that live in white communities and take the tithes and offerings to white banks.

 

[PikaDaDon]

bump

 

[Heafcliffe]

Good shyt. There is one in DC. Not only do I patronize but also I tried to work for them.

Wasn't too successful.

Still leaving my duckets in there tho.

 

[YouMadd?]

Are there any in the bay?

 

[PikaDaDon]

bump

 

[NoMoreWhiteWoman2020]

Bama

 

[MaLi]

Thecoli should open up a Black bank... A central bank with its own currency... The collar..






Im gonna look into these. This thread should be bigger



Thanks op

 

[OfTheCross]

I had a One United by my mom's house. Always wanted to work there but they were never hiring.

Business for them gotta have picked up cause they just built a Wal-Mart across the street.