The number of Black banks operating in the U.S. fell 54 percent between 2001 and 2016. Many have either been acquired or have simply gone out of business.
We’ve compiled the most recent and up to date list of the banks that are still Black owned and managed and are still operating in 2020.
Black Banks
Alamerica Bank (Birmingham, AL)
Broadway Federal Bank (Los Angeles, CA)
Carver Federal Savings Bank (New York, NY)
Carver State Bank (Savannah, GA)
Citizens Trust Bank (Atlanta, GA)
Citizen Trust Bank (Birmingham, AL)
Citizens Bank (Nashville, TN)
Columbia Savings and Loan (Milwaukee, WI)
Commonwealth National Bank (Mobile, AL)
First Independence Bank (Detroit, MI)
The Harbor Bank (Baltimore, MD)
GN Bank (Chicago, IL)
Industrial Bank (Washington D.C.)
Liberty Bank (New Orleans, LA)
Liberty Bank (Baton Rouge, LA)
Liberty Bank (Kansas City, MO)
Liberty Bank (Chicago, IL)
Liberty Bank (Jackson, MS)
Mechanics & Farmers Bank (Durham, NC)
One United Bank (Los Angeles, CA)
OneUnited Bank (Miami, FL)
OneUnited Bank (Boston, MA)
United Bank of Philadelphia (Philadelphia, PA)
Unity National Bank (Houston, TX)
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