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

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

Alamerica Bank

Alamerica Bank ended up being initially arranged by number of prominent Birmingham, Ala., community leaders. Alamerica accomplished functional profitability after 6 months 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 private records), loan solutions (professional and personal loans), Web 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 that is п»ї
  • Supply: 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 Los Angeles, Calif. Previously referred to as Broadway Federal Savings and Loan Association, launched, the building that is original damaged by way of a fire. The corporation ended up being transformed from a federally chartered mutual cost cost cost cost cost savings relationship up to a federally chartered stock cost cost cost cost cost savings bank, thus the name that is new. п»ї п»ї

  • Branches: Mid-Wilshire Branch (Los Angeles, 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 that is п»ї
  • Accessibility: Online and п»ї п»ї

Brookland Federal Credit Union

Created, the Brookland Federal Credit Union is a not-for-profit economic cooperative that provides economic solutions to people 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 an eternity 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 Savings, checking, loans, as well as other solutions (monetary literacy, fully guaranteed 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
  • Access: 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 economic solutions. Nearly all its branches and ATMs are situated in low- to neighborhoods that are moderate-income. п»ї п»ї Carver Federal Savings Bank is amongst the three banking institutions which are considered “Black operated,” in the place of 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 п»ї
  • Accessibility: Online and п»ї п»ї

Carver State Bank

Founded, the Georgia Savings and Realty Corporation had been a tiny, personal bank along with an actual property investment and administration business. The initial organization ended up being https://getbadcreditloan.com/payday-loans-nm/ transformed into a state bank and became referred to as Carver Savings Bank. Carver had become a full-service commercial bank, hence its title had been changed yet again to your 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 reports, loans, development programs, along with other solutions (cashier’s checks, cash sales, 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
  • Supply: Online and п»ї п»ї

People Bank

The One Cent Savings Bank became the initial minority-owned bank in Tennessee. The organization’s title ended up being changed to your people Savings Bank & Trust Co. people Bank could 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), bank cards, and loans (individual, company, etc.) п»ї п»ї
  • Assets: $100 million п»ї п»ї
  • Supply: Online and п»ї п»ї

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