Black-Owned Banking Institutions by State. History and History of Black-Owned Banking Institutions
Alamerica Bank
Alamerica Bank had been initially arranged with number of prominent Birmingham, Ala., community leaders. Alamerica reached profitability that is operational half a year of procedure. п»ї п»ї
- Branches: The Alamerica Bank Building (Birmingham, Ala.) п»ї п»ї
- ATMs: N/A
- States: Alabama п»ї п»ї
- Services: Deposit solutions (company and individual records), loan solutions (business and personal loans), Web banking, image statements, and MasterMoney debit cards п»ї п»ї п»ї п»ї п»ї п»ї
- Assets: $18.912 million п»ї that is п»ї
- Supply: Online and п»ї п»ї
Broadway Federal Bank
The Broadway Federal Bank is just a subsidiary of Broadway Financial Corporation, a bank keeping business positioned in l . a ., Calif. Previously referred to as Broadway Federal Savings and Loan Association, created, the initial building had been damaged with a fire. The company had been transformed from the federally chartered mutual cost cost cost cost savings relationship up to a federally chartered stock cost cost cost cost cost cost cost savings bank, ergo the name that is new. п»ї п»ї
- Branches: Mid-Wilshire Branch (l . a ., Calif.), Inglewood Branch (Inglewood, Calif.), and Exposition Park Branch (l . a ., Calif.) п»ї п»ї
- ATMs: area of the MoneyPass system п»ї п»ї
- States: California п»ї п»ї
- Services: private and company records, charge cards, and loan products п»ї п»ї
- Assets: $415 million п»ї п»ї
- Accessibility: Online and п»ї п»ї
Brookland Federal Credit Union
Created, the Brookland Federal Credit Union is a not-for-profit cooperative that is financial provides monetary solutions to users of Brookland Baptist Church and their instant family unit members. п»ї п»ї you and your family have a lifetime membership if you join Brookland Federal. п»ї п»ї
- Branches: Brookland Federal Credit Union (Western Columbia, S.C.) п»ї п»ї
- ATMs: N/A
- States: Sc п»ї п»ї
- Solutions: cost cost cost cost cost Savings, checking, loans, along with other solutions (monetary literacy, assured auto security, etc.) п»ї п»ї п»ї п»ї п»ї п»ї п»ї п»ї
- Assets: $3.4 million п»ї п»ї
- Supply: Online and п»ї п»ї
Carver Federal Savings Bank
The Carver Federal Savings Bank had been started to serve African United states communities with restricted access to mainstream monetary solutions. Nearly all its branches and ATMs can be found in low- to neighborhoods that are moderate-income. п»ї п»ї Carver Federal Savings Bank is among the three banking institutions which are considered “Black operated,” rather than Ebony owned. п»ї п»ї
- Branches: Atlantic Terminal Branch (Brooklyn, N.Y.), Bedford-Stuyvesant – Restoration Plaza Branch (Brooklyn, N.Y.), Crown Heights Branch (Brooklyn, N.Y.), Flatbush Branch (Brooklyn, N.Y.), and St Albans Branch (Jamaica, N.Y.), 125th Street Branch (new york, N.Y.), and Malcolm X Boulevard Branch (new york, N.Y.)) п»ї п»ї
- ATMs: Atlantic Terminal retail center (2) (Brooklyn, N.Y.) and ATM Banking Center (Brooklyn, N.Y.) п»ї п»ї
- States: Ny п»ї п»ї
- Services: private and company banking, loans, and community cash п»ї п»ї п»ї п»ї п»ї п»ї п»ї п»ї
- Assets: $581.718 million п»ї п»ї
- Access: Online and п»ї п»ї
Carver State Bank
Founded, the Georgia Savings and Realty Corporation had been a tiny, personal bank in addition to a proper property investment payday loans AR and administration business. The institution that is original transformed into a situation bank and became referred to as Carver Savings Bank. Carver had become a full-service bank that is commercial therefore its title ended up being changed once again towards the Carver State Bank. п»ї п»ї
- Branches: principal workplace (Savannah, Ga.) and Skidaway Branch (Savannah, Ga.) п»ї п»ї
- ATMs: Principal Workplace (Savannah, Ga.), Skidaway Branch (Savannah, Ga.), and Hilton Head airport terminal (Savannah, Ga.) п»ї п»ї
- States: Georgia п»ї п»ї
- Services: individual records (checking and savings), company records, loans, development programs, along with other solutions (cashier’s checks, cash purchases, etc.) п»ї п»ї п»ї п»ї п»ї п»ї п»ї п»ї п»ї п»ї п»ї п»ї
- Assets: $46.124 million п»ї that is п»ї
- Access: Online and п»ї п»ї
People Bank
The One Cent Savings Bank became the very first bank that is minority-owned Tennessee. The organization’s title ended up being changed towards the people Savings Bank & Trust Co. people Bank may be the earliest, constantly running bank that is black-owned the U.S. п»ї п»ї
- Branches: Memphis Winchester path Branch (Memphis, Tenn.) and principal workplace (Nashville, Tenn.) п»ї п»ї
- ATMs: Main Office (Nashville, Tenn.) п»ї п»ї
- States: Tennessee п»ї п»ї
- Services: private and company banking (checking and cost cost cost cost savings), charge cards, and loans (individual, company, etc.) п»ї п»ї
- Assets: $100 million п»ї п»ї
- Accessibility: Online and п»ї п»ї