first-state-bank

Black Owned Banks

Black Owned Banks:

1. Omega Psi Phi Credit Union – Lawrenceville, Georgia
2. Phi Beta Sigma Federal Credit Union – Washington, DC
3. One United Bank – Los Angeles,California
4. FAMU Federal Credit Union – Tallahassee, Florida
5. Credit Union of Atlanta – Atlanta, Georgia
6. North Milwaukee State Bank – Milwaukee, Wisconsin
7. Seaway Bank – Chicago, Illinois
8. The Harbor Bank- Baltimore, Maryland
9. Liberty Bank – New Orleans, Louisiana
10. United Bank of Philidelphia – Philidelphia, Penn
11. Alamerica Bank – Birmingham, Alabama
12. Broadway Federal Bank – Los Angeles, California
13. Carver State Bank – Savannah, Georgia
14. Capital City Bank – Atlanta, Georgia
15. Citizens Trust Bank – Atlanta, Georgia
16. City National Bank – Newark, New Jersey
17. Commonwealth National Bank – Mobile, Alabama
18. Industrial Bank – Washington D.C.
19. First Tuskegee Bank – Tuskegee, Alabama
20. Mechanics & Farmers Bank – Durham, North Carolina
21. First Independence Bank – Detroit, Michigan
22. First State Bank – Danville, Virginia
23. Illinois Service Federal – Chicago, Illinois
24. Unity National Bank – Houston, Texas
25. Carver Federal Savings Bank – New York, New York
26. OneUnited Bank – Miami, Florida
27. OneUnited Bank – Boston, Massachusetts
28. Tri-State Bank – Memphis, Tennesse
29. Citizens Bank – Nashville, Tennessee
30. South Carolina Community Bank – Columbia, South Carolina
31. Columbia Savings and Loan – Milwaukee, Wisconsin
32. Liberty Bank – Baton Rouge, Louisiana
33. Liberty Bank – Kansas City, Missouri
34. Citizen Trust Bank – Birmingham, Alabama
35. Liberty Bank – Chicago, Illinois
36. Liberty Bank – Jackson, Mississippi
37. Toledo Urban Credit Union – Toledo, Ohio
38. Hill District Credit Union – Pittsburgh, Pennsylvania

2

I respect the fuck out of Solange for this and I suggest any black person who has access to these services does the same and support black businesses!

“BY SHANICE BRIM | PUBLISHED: JULY 9, 2016


Did you know we have over 21 Black-owned banks in the U.S? In 2013, HBCU Money published a list of Black-owned banks and credit unions. In light of our country’s recent tragedies, here’s what they found and what you should learn. Let’s wake up and realize where we should really be putting our hard working dollars.

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

CITIZENS TRUST BANK

Location: Atlanta, Georgia
Founded: June 18, 1921
FDIC Region: Atlanta
Assets: $392 286 000

CITY NB OF NEW JERSEY

Location: Newark, New Jersey
Founded: June 11, 1973
FDIC Region: New York
Assets: $340 301 000

COMMONWEALTH NATIONAL BANK

Location: Mobile, Alabama
Founded: February 19, 1976
FDIC Region: Atlanta
Assets: $63 244 000

COVENANT BANK

Location: Chicago, Illinois
Founded: June 20, 1977
FDIC Region: Chicago
Assets: $59 842 000

FIRST INDEPENDENCE BANK

Location: Detroit, Michigan
Founded: May 14, 1970
FDIC Region: Chicago
Assets: $215 924 000

FIRST STATE BANK

Location: Danville, Virginia

Founded: September 08, 1919
FDIC Region: Atlanta
Assets: $38 882 000

FIRST TUSKEGEE BANK

Location:Tuskegee, Alabama
Founded: October 11, 1991
FDIC Region: Atlanta
Assets: $63 127 000

HIGHLAND COMMUNITY BANK

Location: Chicago, Illinois
Founded: November 09, 1970
FDIC Region: Chicago
Assets: $84 948 000

ILLINOIS SERVICE FEDERAL SAVINGS & LOAN

Location: Chicago, Illinois
Founded: January 01, 1934
FDIC Region: Chicago
Assets: $140 148 000

INDUSTRIAL BANK

Location: Washington, DC
Founded: August 18, 1934
FDIC Region: New York
Assets: $342 524 000

LIBERTY BANK & TRUST COMPANY

Location: New Orleans, Louisiana
Founded: November 16, 1972
FDIC Region: Dallas
Assets: $545 019 000

MECHANICS & FARMERS BANK

Location: Durham, North Carolina
Founded: March 01, 1908
FDIC Region: Atlanta
Assets: $304 809 000

NORTH MILWAUKEE STATE BANK

Location: Milwaukee, Wisconsin
Founded: February 12, 1971
FDIC Region: Chicago
Assets: $91 490 000

ONEUNITED BANK

Location: Boston, Massachusetts
Founded: August 02, 1982
FDIC Region: New York
Assets: $590 624 000

SEAWAY BANK & TRUST COMPANY

Location: Chicago, Illinois
Founded: January 02, 1965
FDIC Region: Chicago
Assets: $573 168 000

UNITED BANK OF PHILADELPHIA

Location: Philadelphia, Pennsylvania
Founded: March 23, 1992
FDIC Region: New York
Assets: $67 930 000

UNITY NB OF HOUSTON

Location: Houston, Texas
Founded: August 01, 1985
FDIC Region: Dallas
Assets: $68 125 000

Source: FDIC

If there aren’t any Black-owned banks near you, you can support Black-owned businesses both online and in person. Black Exchange (formerly Afro-Arts) has hipped me to so many Black-owned businesses. It was through them that I found Philadelphia Printworks which makes a dope James Baldwin sweatshirt that I practically live in. I also found Belle Butters through them and it has my natural hair flourishing.

If you’re on the go and want to see what Black-owned businesses are near you, download WhereU. The app is a directory of local Black-Owned Businesses and has information for the United States, the UK, France, and Canada! It’s user-based so you can add any Black-owned businesses you haven’t seen on the app!”

19 Black Owned Banks Remaining

19 Black Owned Banks Remaining.

Here are those remaining 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

CITIZENS TRUST BANK

Location: Atlanta, Georgia

Founded: June 18, 1921

FDIC Region: Atlanta


Assets: $392 286 000

CITY NB OF NEW JERSEY

Location: Newark, New Jersey

Founded: June 11, 1973

FDIC Region: New York

Assets: $340 301 000

COMMONWEALTH NATIONAL BANK

Location: Mobile, Alabama

Founded: February 19, 1976

FDIC Region: Atlanta

Assets: $63 244 000

COVENANT BANK

Location: Chicago, Illinois

Founded: June 20, 1977

FDIC Region: Chicago

Assets: $59 842 000

FIRST INDEPENDENCE BANK

Location: Detroit, Michigan

Founded: May 14, 1970

FDIC Region: Chicago

Assets: $215 924 000

FIRST STATE BANK

Location: Danville, Virginia

Founded: September 08, 1919

FDIC Region: Atlanta

Assets: $38 882 000

FIRST TUSKEGEE BANK

Location:Tuskegee, Alabama

Founded: October 11, 1991

FDIC Region: Atlanta

Assets: $63 127 000

HIGHLAND COMMUNITY BANK

Location: Chicago, Illinois

Founded: November 09, 1970

FDIC Region: Chicago

Assets: $84 948 000

ILLINOIS SERVICE FEDERAL SAVINGS & LOAN

Location: Chicago, Illinois

Founded: January 01, 1934

FDIC Region: Chicago

Assets: $140 148 000

INDUSTRIAL BANK

Location: Washington, DC

Founded: August 18, 1934

FDIC Region: New York

Assets: $342 524 000

LIBERTY BANK & TRUST COMPANY

Location: New Orleans, Louisiana

Founded: November 16, 1972

FDIC Region: Dallas

Assets: $545 019 000

MECHANICS & FARMERS BANK

Location: Durham, North Carolina

Founded: March 01, 1908

FDIC Region: Atlanta

Assets: $304 809 000

NORTH MILWAUKEE STATE BANK

Location: Milwaukee, Wisconsin

Founded: February 12, 1971

FDIC Region: Chicago

Assets: $91 490 000

ONEUNITED BANK

Location: Boston, Massachusetts

Founded: August 02, 1982

FDIC Region: New York

Assets: $590 624 000

SEAWAY BANK & TRUST COMPANY

Location: Chicago, Illinois

Founded: January 02, 1965

FDIC Region: Chicago

Assets: $573 168 000

UNITED BANK OF PHILADELPHIA

Location: Philadelphia, Pennsylvania

Founded: March 23, 1992

FDIC Region: New York

Assets: $67 930 000

UNITY NB OF HOUSTON

Location: Houston, Texas

Founded: August 01, 1985

FDIC Region: Dallas

Assets: $68 125 000

Source: FDIC