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

FAMU Federal Credit Union

Six people had been convinced to deposit $50 to obtain a credit that is federal charter, leading to the founding associated with Florida A&M College Employees Federal Credit Union. The organization renamed to Florida A&M University Federal Credit Union because of its location from the FAMU campus. п»ї п»ї

  • Branches: Office (Tallahassee, Fla.) п»ї п»ї
  • ATMs: One located when you look at the “first drive-thru lane” along with any ATMs which can be an element of the United states Express, CULIANCE, The Exchange, Honors, Member Access, Plus, Presto, Publix, Walmart, and “other Credit Unions utilizing the participating listed networks” п»ї п»ї
  • States: Florida п»ї п»ї
  • Services: records (checking, savings, IRA), Rattler debit and VISA bank cards, loans, cable transfers, along with other solutions (notary solutions, bill re re re re re payments, etc.) п»ї п»ї
  • Assets: $20.24 million п»ї п»ї
  • Accessibility: Online and п»ї п»ї

Very Very Very Very First Independence Bank

In operation, the very first Independence Bank has offered the Detroit Metropolitan area for 50 years. First Independence could be the African that is sole American owned bank headquartered in Michigan, and also being certainly one of two banking institutions headquartered in Detroit. п»ї п»ї

  • Branches: Clinton Township Branch (Clinton Township, payday loans Maine Mich.), Main Office Branch (Detroit, Mich.), and Seven Branch that is mile, Mich.) п»ї п»ї
  • ATMs: Garfield Branch (Clinton Township, Mich.), 1st Floor International Building (Detroit, Mich.), City County Building (Detroit, Mich.), Livernois (Detroit, Mich.), and Main Office Branch (Detroit, Mich.), Seven Mile Branch (Detroit, Mich.), along with “any nationwide . 5th Third, TCF, or Chemical Bank ATM . in the Metro Detroit area” п»ї п»ї
  • States: Michigan п»ї п»ї
  • Services: customer and company solutions, along with loans п»ї п»ї п»ї п»ї
  • Assets: $265.354 million п»ї that is п»ї
  • Access: Online and п»ї п»ї

First Legacy Community Credit Union

The School Workers Federal Credit Union ended up being launched with a combined team of educators. Initially, the organization that fundamentally became First Legacy Community just offered a cost cost cost cost cost savings and loan system; today it gives a much wider choice of monetary solutions. п»ї п»ї

  • Branches: Very Very Very Very Very First Legacy Community Credit Union (Charlotte, N.C.) п»ї п»ї
  • ATMs: area of the CO-OP/Covera ATM community п»ї п»ї
  • States: New York п»ї п»ї
  • Services: Checking, cost cost cost savings, loans, along with other services (quarterly statements, NADA automobile valuations, etc.) п»ї п»ї
  • Assets: $29.331 million п»ї п»ї
  • Access: Online and п»ї п»ї

Very Very Very Very Very Very First Protection Bank

The protection Trust and Savings Bank first started for company. Twenty-six years later on, it merged because of the First nationwide Bank of Charles City, producing the initial protection Bank & Trust. п»ї п»ї

  • Branches: Aredale (Aredale, Iowa), Charles City Branch (Charles City, Iowa), Dumont Branch (Dumont, Iowa), Hampton Branch (Hampton, Iowa), Ionia Branch (Ionia, Iowa), Manly Branch (Manly, Iowa), Marble Rock Branch (Marble Rock, Iowa), Nora Springs Branch (Nora Springs, Iowa), Riceville Branch (Riceville, Iowa), Rockford Branch (Rockford, Iowa), Rockwell Branch (Rockwell, Iowa), Rudd Branch (Rudd, Iowa), and Thornton Branch (Thornton, Iowa) п»ї п»ї
  • ATMs: Charles City Branch (Charles City, Iowa), Manly Branch (Manly, Iowa), Marble Rock Branch (Marble Rock, Iowa), Nora Springs Branch (Nora Springs, Iowa), Riceville Branch (Riceville, Iowa), Rockford Branch (Rockford, Iowa), Rockwell Branch (Rockwell, Iowa), and Thornton Branch (Thornton, Iowa) п»ї п»ї
  • States: Iowa п»ї п»ї
  • Services: Personal (checking, cost cost cost savings, etc.), company (checking, savings, etc.), and lending (individual & automotive loans, home loan & house equity etc.) п»ї п»ї that is п»ї п»ї п»ї
  • Assets: $500 million п»ї п»ї
  • Accessibility: Online and п»ї п»ї

GN Bank

After working closely because of the Federal mortgage loan Bank of Chicago—13 African United states males founded Illinois provider Federal to produce a cost cost cost cost cost cost savings and loan relationship for Black Chicagoans. The organization had been obtained by Groupe Ndoum, which resulted in its title modification to GN Bank.  

  • Branches: Main Branch (Chicago, Ill.) and Chatham workplace (Chicago, Ill.) п»ї п»ї
  • ATMs: Main Branch (Chicago, Ill.) and Chatham workplace (Chicago, Ill.), along with any ATMs into the CELEBRITY network. п»ї п»ї
  • States: Illinois п»ї п»ї
  • Services: Personal (checking, cost cost cost cost cost savings, and charge cards) and business solutions (checking, lending, bank cards) п»ї п»ї
  • Assets: $133 million п»ї that is п»ї
  • Access: Online and п»ї п»ї

Better Kinston Credit Union

The higher Kinston Credit Union ended up being launched and offers many different loans and deposit records. п»ї п»ї People whom reside, work, worship, or go to functions within the Lenoir, Greene, Jones, Craven, and Pitt counties qualify for account. п»ї п»ї

  • Branches: Branch Office (Kinston, N.C.) п»ї п»ї
  • ATMs: area of the CashPoints network п»ї п»ї
  • States: New York п»ї п»ї
  • Services: Debit and charge cards; deposit (checking, savings, etc.), non-profit, and youth records; home loan and lending that is personal along with other solutions (automatic solutions, branch services, etc.) п»ї п»ї
  • Assets: $11.624 million п»ї that is п»ї
  • Supply: Online and brick-and-mortar п»ї that is п»ї