Black Owned Banks In The USA

memphis tri-state

We have seen the Black owned Banks in this country dwindle , however, we still have a few in some of the major cities that you can deposit your money in and help rebuild our communities.

Last ones standing

The 24 African-American banks in the U.S., ranked by asset size

Bank Location Asset size (in millions) Year founded
Carver Federal Savings New York $640 1948
OneUnited Bank Boston $614 1982
Liberty Bank & Trust New Orleans $579 1972
Seaway Bank & Trust Chicago $420 1965
Citizens Trust Bank Atlanta $395 1921
Industrial Bank Washington, D.C. $368 1934
Broadway Federal Bank Los Angeles $350 1947
Mechanics & Farmers Bank Durham, N.C. $298 1908
City National Bank of New Jersey Newark $265 1973
Harbor Bank of Maryland Baltimore $235 1982
First Independence Bank Detroit $216 1970
Tri-State Bank of Memphis Memphis, Tenn. $125 1946
Illinois-Service Federal Savings Chicago $115 1934
United Bank of Philadelphia Philadelphia $109 1992
Citizens Savings Bank & Trust Nashville, Tenn. $108 1904
Unity National Bank of Houston Houston $76 1985
North Milwaukee State Bank Milwaukee $75 1971
Commonwealth National Bank Mobile, Ala. $59 1976
South Carolina Community Bank Columbia, S.C. $59 1999
First Tuskegee Bank Tuskegee, Ala. $52 1991
Carver State Bank Savannah, Ga. $42 1927
Alamerica Bank Birmingham, Ala. $41 2000
First State Bank Danville, Va. $39 1919
Columbia Savings & Loan Milwaukee $24 1924

Source: FDIC

For listings of Black Owned Banks CLICK HERE

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