There are 21 black owned banks in America
- Thread starter ridedolo
- Start date
Brehs any mentions of a Black-owned Online Bank or Credit Unions?
Opening my account this weekend 
OneUnited has online banking
↓R↑LYB
I trained Sheng Long and Shonuff
Citizens Trust Bank. Been with them for years, my girl has her account there too. I'd give them a 5 star rating.
↓R↑LYB
I trained Sheng Long and Shonuff
There was one that I came across but I can't remember the name of it. I remember their site being orange but thats about it
I just got back in the country. I went downtown today and opened up an account at the main branch. You need to give them a call because I told em a friend told me about the bank. I think they give you money or something for that.
Opening my account this weekend
After procrastinating for so long signed up for the E style checking with OneUnited Bank. I still gotta wait either tomorrow or monday to wait until i get my paycheck from my job though to go through with that deposit on the website though to make it official.
But I feel relieved man. It should be common sense i know but it really feels good when you know you are supporting your own people. After a while i wanna use their free savings account for people under 18 to open one for my little sister. And then the Unity Visa credit card for myself.
Only bad thing is that unlike @True Blue Moon I won't have the opportunity to actual be in the actual branch in the foreseeable future living in Gotham
True Blue Moon
Superstar
After procrastinating for so long signed up for the E style checking with OneUnited Bank. I still gotta wait either tomorrow or monday to wait until i get my paycheck from my job though to go through with that deposit on the website though to make it official.
But I feel relieved man. It should be common sense i know but it really feels good when you know you are supporting your own people. After a while i wanna use their free savings account for people under 18 to open one for my little sister. And then the Unity Visa credit card for myself.
Only bad thing is that unlike @True Blue Moon I won't have the opportunity to actual be in the actual branch in the foreseeable future living in Gotham
If you're ever in Los Angeles we'll get a beer and make a deposit
You might shed a few tears when you walk in the branch and that feeling hits you though
If you're ever in Los Angeles we'll get a beer and make a deposit
You might shed a few tears when you walk in the branch and that feeling hits you though
Will feel strange as fukk making withdrawals in white owned Citibanks and Chase...
Anyway you know other things I can support that are Black owned online? Such as clothing stores or anything like that?
True Blue Moon
Superstar
Will feel strange as fukk making withdrawals in white owned Citibanks and Chase...
Anyway you know other things I can support that are Black owned online? Such as clothing stores or anything like that?
Not off the top of my head. I've seen brehs on here drop links here and there but I've never checked any out yet. That's definitely the next step
So how many brehs have an account at one of these institutions?
Fifteen Black Entrepreneurs Make a Big Deposit In A Black-Owned Bank – Financial Juneteenth
Fifteen Black Entrepreneurs Make a Big Deposit In A Black-Owned Bank
By Robert Stitt
Fifteen young Black businessmen entered the Black-owned Industrial Bank with the intent of opening accounts. The men were members of the Black Male Entrepreneurship Institute (BMEI), a partner of the U.S. Black Chambers Inc. (USBC). The move was a calculated effort to gain support for black-on-black economics.
Ron Busby is CEO of the USBC. He said, “In order for there to be a strong Black America, you must have strong Black businesses. In order for there to be strong Black businesses, we must have strong Black banks. So, from my standpoint, this is just a reciprocation for what Industrial Bank has done for our communities for the last 80 years.”
The President/CEO of the Industrial Bank, Doyle Mitchell, was on hand and congratulated Busby for his leadership and inspiration to the young men. “I’m just humbled at the presence of mind that you have displayed since you first came to town and started taking a leadership role with the Chamber of Commerce and came to Industrial Bank and made a $5,000 deposit. You put your money where your mouth is,” he said.
Busby talked about the changes that happened in his life when he started to focus on Black business. He said that it impacted every area of his life. When it was time to buy a house, he found a Black real estate agent, a Black mortgage company, a Black title company, a Black home inspector, a Black pest control company, and a Black moving company. “Everybody that touched the transaction was a Black firm. The service was superior and the price was right.”
“There’s a trillion dollars of spending power in our community and we want to make sure that dollar stays within our community. Twenty-eight days a dollar stays in the Asian community, twenty-one days a dollar stays in the Hispanic community. In our community, our dollar leaves within six hours. We have got to change that…Until we have total control of how we circulate our money, our power and respect will continue to be marginalized,” he declared.
Busby is the leading voice supporting Black banks and businesses in America today. He hopes that he can continue to inspire young Black men and women to support the Black community by investing in themselves and their communities.
Source
Fifteen Black Entrepreneurs Make a Big Deposit In A Black-Owned Bank
By Robert Stitt
Fifteen young Black businessmen entered the Black-owned Industrial Bank with the intent of opening accounts. The men were members of the Black Male Entrepreneurship Institute (BMEI), a partner of the U.S. Black Chambers Inc. (USBC). The move was a calculated effort to gain support for black-on-black economics.
Ron Busby is CEO of the USBC. He said, “In order for there to be a strong Black America, you must have strong Black businesses. In order for there to be strong Black businesses, we must have strong Black banks. So, from my standpoint, this is just a reciprocation for what Industrial Bank has done for our communities for the last 80 years.”
The President/CEO of the Industrial Bank, Doyle Mitchell, was on hand and congratulated Busby for his leadership and inspiration to the young men. “I’m just humbled at the presence of mind that you have displayed since you first came to town and started taking a leadership role with the Chamber of Commerce and came to Industrial Bank and made a $5,000 deposit. You put your money where your mouth is,” he said.
Busby talked about the changes that happened in his life when he started to focus on Black business. He said that it impacted every area of his life. When it was time to buy a house, he found a Black real estate agent, a Black mortgage company, a Black title company, a Black home inspector, a Black pest control company, and a Black moving company. “Everybody that touched the transaction was a Black firm. The service was superior and the price was right.”
“There’s a trillion dollars of spending power in our community and we want to make sure that dollar stays within our community. Twenty-eight days a dollar stays in the Asian community, twenty-one days a dollar stays in the Hispanic community. In our community, our dollar leaves within six hours. We have got to change that…Until we have total control of how we circulate our money, our power and respect will continue to be marginalized,” he declared.
Busby is the leading voice supporting Black banks and businesses in America today. He hopes that he can continue to inspire young Black men and women to support the Black community by investing in themselves and their communities.
Source