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List of Black-owned banks operating in 2020 Leave a comment

We’re all about keeping our dollars within our community. And that’s why we’ve compiled a list of black-owned banks for you to help us achieve this goal.

Since 2001, the number of black-owned businesses has declined by 54%. Some of them have been acquired while others have gone out of business.

Yet we need the banks for our financial needs, and black-owned banks know where the shoe hurts the most.

Here’s the list.

  1. Alamerica Bank (Birmingham, AL)
  2. Broadway Federal Bank  (Los Angeles, CA)
  3. Carver Federal Savings Bank (New York, NY)
  4. Carver State Bank (Savannah, GA)
  5. Citizens Trust Bank (Atlanta, GA)
  6. Citizen Trust Bank (Birmingham, AL)
  7. Citizens Bank (Nashville, TN)
  8. Columbia Savings and Loan (Milwaukee, WI)
  9. City National Bank (Newark, NJ)
  10. Commonwealth National Bank (Mobile, AL)
  11. First Independence Bank (Detroit, MI)
  12. The Harbor Bank (Baltimore, MD)
  13. GN Bank (Chicago, IL)
  14. Industrial Bank (Washington D.C.)
  15. Liberty Bank (New Orleans, LA)
  16. Liberty Bank (Baton Rouge, LA)
  17. Liberty Bank (Kansas City, MO)
  18. Liberty Bank (Chicago, IL)
  19. Liberty Bank (Jackson, MS)
  20. Mechanics & Farmers Bank (Durham, NC)
  21. OneUnited Bank (Miami, FL)
  22. OneUnited Bank (Boston, MA)
  23. United Bank of Philadelphia (Philadelphia, PA)
  24. Unity National Bank (Houston, TX)

You may also like : Top guide of Black-Owned Businesses you have to support

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