COVID-19 UPDATE: We are OPEN. We have implemented a number of changes to protect both our customers and colleagues. We now offer contactless delivery, and all are thoroughly sanitised before handover.

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 get a credit that is federal charter, causing the founding of this Florida A&M College Employees Federal Credit Union. The organization renamed to Florida A&M University Federal Credit Union because of its location regarding the FAMU campus. п»ї п»ї

  • Branches: Office (Tallahassee, Fla.) п»ї п»ї
  • ATMs: One located within the “first drive-thru lane” in addition to any ATMs being area of the United states Express, CULIANCE, The Exchange, Honors, Member Access, Plus, Presto, Publix, Walmart, and “other Credit Unions with all 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 re re payments, etc.) п»ї п»ї
  • Assets: $20.24 million п»ї that is п»ї
  • Accessibility: Online and п»ї п»ї

Very Very Very Very Very Very First Independence Bank

In operation, the initial Independence Bank has offered the Detroit Metropolitan area for 50 years. First Independence could be the sole African American‐ owned bank headquartered in Michigan, not only is it certainly one of two banking institutions headquartered in Detroit.  

  • Branches: Clinton Township Branch (Clinton Township, Mich.), Main Office Branch (Detroit, Mich.), and Seven Mile Branch (Detroit, 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, as well as loans п»ї п»ї п»ї п»ї
  • Assets: $265.354 million п»ї п»ї
  • Accessibility: Online and п»ї п»ї

First Legacy Community Credit Union

The School Workers Federal Credit Union ended up being started by way of a combined band of educators. Initially, the organization that fundamentally became First Legacy Community just offered a cost cost cost cost cost savings and loan system; it offers a much wider selection of financial services today. 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 system п»ї п»ї
  • States: New York п»ї п»ї
  • Services: Checking, cost cost cost cost cost savings, loans, along with other services (quarterly statements, NADA car 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 First Protection Bank

The safety 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 very first safety 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 payday loans in Alaska cost savings, etc.), company (checking, savings, etc.), and lending (individual & automobile financing, 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 aided by the Federal mortgage loan Bank of Chicago—13 African United states guys founded Illinois provider Federal to produce a cost cost cost cost savings and loan relationship for Black Chicagoans. The organization had been obtained by Groupe Ndoum, which resulted in its title change 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, savings, and charge cards) and business that is small (checking, lending, credit cards) п»ї п»ї
  • Assets: $133 million п»ї п»ї
  • Supply: Online and п»ї п»ї

Better Kinston Credit Union

The higher Kinston Credit Union had been started and offers a number of loans and deposit reports. 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 п»ї

Leave a Comment