Black-Owned Banking Institutions by State. History and background of Black-Owned Banking Institutions

Black-Owned Banking Institutions by State. History and background of Black-Owned Banking Institutions

Alamerica Bank

Alamerica Bank had been initially arranged by team of prominent Birmingham, Ala., community leaders. Alamerica attained 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 reports), loan solutions (professional and personal loans), online banking, image statements, and MasterMoney debit cards п»ї п»ї п»ї п»ї п»ї that is п»ї
  • Assets: $18.912 million п»ї п»ї
  • Access: Online and п»ї п»ї

Broadway Federal Bank

The Broadway Federal Bank is really a subsidiary of Broadway Financial Corporation, a bank company that is holding in l . a ., Calif. Previously referred to as Broadway Federal Savings and Loan Association, started, the initial building had been damaged with a fire. The business ended up being transformed from the federally chartered mutual cost cost cost savings relationship to a federally chartered stock cost cost cost cost cost savings bank, ergo the brand new title. п»ї п»ї

  • Branches: Mid-Wilshire Branch (l . a ., Calif.), Inglewood Branch (Inglewood, Calif.), and Exposition Park Branch (Los Angeles, 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, bank cards, and loan products п»ї п»ї
  • Assets: $415 million п»ї п»ї
  • Supply: Online and п»ї п»ї

Brookland Federal Credit Union

Launched, the Brookland Federal Credit Union is a not-for-profit economic cooperative that provides economic solutions to users of Brookland Baptist Church and their instant members of the family. п»ї п»ї in the event that you join Brookland Federal, your family have actually a life time account. 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 Savings, checking, loans, as well as other solutions (monetary literacy, guaranteed in full 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 ended up being created to serve African United states communities with restricted access to mainstream economic solutions. Nearly all its branches and ATMs are found in https://getbadcreditloan.com/payday-loans-mo/ low- to neighborhoods that are moderate-income. п»ї п»ї Carver Federal Savings Bank is just one of the three banking institutions which can be 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 (nyc, 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 that is п»ї
  • Access: Online and п»ї п»ї

Carver State Bank

Founded, the Georgia Savings and Realty Corporation had been a little, personal bank in addition to a genuine property investment and administration business. The initial organization ended up being changed into a situation bank and became referred to as Carver Savings Bank. Carver had turn into a full-service commercial bank, therefore its title ended up being changed yet 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, as well as other solutions (cashier’s checks, cash requests, 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 1st bank that is minority-owned Tennessee. The organization’s title had been changed into 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 cost cost cost cost cost savings), bank cards, and loans (individual, company, etc.) п»ї п»ї
  • Assets: $100 million п»ї п»ї
  • Accessibility: Online and п»ї п»ї

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