DIRECTORY OF BLACK OWNED BANKS & CREDIT UNIONS IN THE USA
All banks are listed in alphabetical order. In order to be listed in the HBCU directory the bank must have at least 51 percent African American ownership. You can click on the bank name to go directly to their website.
There are 21 African American owned banks with assets totaling approximately $4.7 billion or approximately 0.43 percent of African America’s $1.1 trillion in buying power. In 1994, there were 54 African American owned banks according to the FDIC. Now, there are 21. Wake up Black people. If you don't put dollars in your own banks which are there to serve the unique needs of our community, who will?
ALAMERICA BANK
Location: Birmingham, Alabama
Founded: January 28, 2000
FDIC Region: Atlanta
Assets: $35 404 000
BROADWAY FEDERAL BANK FSB
http://www.broadwayfederalbank.com/
Location: Los Angeles, California | Inglewood, CA
Founded: February 26, 1947
FDIC Region: San Francisco
Assets: $385 055 000
CARVER STATE BANK
Location: Savannah, Georgia
Founded: January 1, 1927
FDIC Region: Atlanta
Assets: $41 573 000
CITIZENS TRUST BANK
Location: Atlanta, Georgia
Founded: June 18, 1921
FDIC Region: Atlanta
Assets: $392 286 000
CITY NB OF NEW JERSEY
Location: Newark, New Jersey
Founded: June 11, 1973
FDIC Region: New York
Assets: $340 301 000
CREDIT UNION OF ATLANTA
Toll free number: 1.866.318.4980
[Credit Union of Atlanta was founded in 1928, just before the Great Depression. Through times of great financial strength and also financial strife, Credit Union of Atlanta has maintained stability and security by providing unmatched service to you, our members.]
COMMONWEALTH NATIONAL BANK
http://www.ecommonwealthbank.com/
Location: Mobile, Alabama
Founded: February 19, 1976
FDIC Region: Atlanta
Assets: $63 244 000
COVENANT BANK
Location: Chicago, Illinois
Founded: June 20, 1977
FDIC Region: Chicago
Assets: $59,842,000
URBAN UPBOUND
http://urbanupbound.org/what_we_do/federal-credit-union/
13-03B 40th Avenue
Long Island City, NY.
The Urban Upbound Federal Credit Union: An Economic Anchor
In 2010, Urban Upbound, then known as ERDA, mobilized residents to bring a credit union to public housing neighborhoods in Long Island City. At the time it was the first credit union to open in Queens in 30 years.
Today the Urban Upbound Federal Credit Union provides capital, credit-building loans and other asset-building services. Its members, comprised largely of public housing residents, enjoy an ownership stake. A source of community pride, the Urban Upbound Credit Union’s rallying cry is “I Own It!”
What’s more, by keeping assets locally owned and controlled, the Credit Union is an economic anchor. It is helping to ensure that as Long Island City continues to change, that growth benefits all residents.]
(718-784-5050
FIRST INDEPENDENCE BANK
http://www.firstindependence.com/
Location: Detroit, Michigan
Founded: May 14, 1970
FDIC Region: Chicago
Assets: $215 924 000
FIRST STATE BANK
http://www.efirststatebank.com/
Location: Danville, Virginia
Founded: September 08, 1919
FDIC Region: Atlanta
Assets: $38 882 000
FIRST TUSKEGEE BANK
https://www.firsttuskegeebank.com/
Location:Tuskegee, Alabama
Founded: October 11, 1991
FDIC Region: Atlanta
Assets: $63 127 000
ST. LOUIS COMMUNITY CREDIT UNION (Formerly, GATEWAY BANK - St. Louis)
https://www.stlouiscommunity.com/
http://www.stlamerican.com/business/local_business/article_11a0e98a-02a3-11e2-b53c-0019bb2963f4.html
HIGHLAND COMMUNITY BANK
http://highlandcommunitybankchicago.com/index.php
Location: Chicago, Illinois
Founded: November 09, 1970
FDIC Region: Chicago
Assets: $84 948 000
ILLINOIS SERVICE FEDERAL SAVINGS & LOAN
Location: Chicago, Illinois
Founded: January 01, 1934
FDIC Region: Chicago
Assets: $140 148 000
INDUSTRIAL BANK
http://www.industrial-bank.com/
Location: Washington, DC
Founded: August 18, 1934
FDIC Region: New York
Assets: $342 524 000
LIBERTY BANK & TRUST COMPANY
Liberty, one of the nation's largest African-American-owned banks, has 20 branches in four states, including locations in Kansas, Mississippi, Louisiana and Texas. The Douglass National deal raises Liberty's asset base to $545 million.
Locations: New Orleans, Louisiana | Baton Rouge-Louisiana | Kansas City, Missouri | Dallas, Texas
Founded: November 16, 1972
FDIC Region: Dallas
Assets: $545,019,000
MECHANICS & FARMERS BANK
https://www.mfbonline.com/main/index2.html
Location: Durham, North Carolina
Founded: March 01, 1908
FDIC Region: Atlanta
Assets: $304,809,000
NORTH MILWAUKEE STATE BANK
Location: Milwaukee, Wisconsin
Founded: February 12, 1971
FDIC Region: Chicago
Assets: $91 490 000
ONE UNITED BANK
In the past two years, we have financed over $100 million in loans – most in low to moderate income communities such as South Central, Compton, Liberty City and Roxbury. However, we never participated in subprime lending. We have always experienced low loan losses.
Our growth has been through acquiring community banks across the country that are equally dedicated to our mission including – Founders National Bank of Los Angeles, Family Savings Bank in Los Angeles, California, Boston Bank of Commerce in Boston,Massachusetts and People’s National Bank of Commerce in Miami, Florida.
Founded: August 02, 1982
FDIC Region: New York
Assets: $590 624 000
SEAWAY BANK & TRUST COMPANY
Location: Chicago, Illinois
Founded: January 02, 1965
FDIC Region: Chicago
Assets: $573,168, 000
UNITED BANK OF PHILADELPHIA
Location: Philadelphia, Pennsylvania
Founded: March 23, 1992
FDIC Region: New York
Assets: $67 930 000
UNITY NB OF HOUSTON
http://www.unitybanktexas.com/
Location: Houston, Texas
Founded: August 01, 1985
FDIC Region: Dallas
Assets: $68 125 000
Source: FDIC
UNITY NATIONAL BANK
Customer Service: 713-387-7400
Debit Card: 1-800-472-3272
TriState Bank of Memphis Tenessee
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AFRICAN AMERICAN OWNED CREDIT UNIONS
http://hbcumoney.com/tag/african-american-credit-unions/
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Avant Credit offers personal and business loans. We successfully negotiated special loan packages designed to help African Americans, small business owners, and those with "less than perfect credit".
Loan amounts range from a minimum of $1,000 up to $35,000.00. Again, borrowers with less than perfect to even poor credit are accepted. *See the link below for loan application details. [https://www.avant.com/landing/ams?SubID=kj27883]HOW IT WORKS...--- Loans from $1,000 to $35,000*
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!['I'm just gonna leave this right here.
This article highlights the work of Israeli scientists who performed exhaustive DNA studies on their own. [I'm just saying]. So the answer is NO, modern-day European Jews do not have a genetic, religious nor historical connection to the land of Israel whatsoever. ***Sorry***
Quotes from the article
“Israeli scientists have been trying to prove that they are genetically related to the Palestinians. The purpose is to try and justify their claim over the territory. However, instead the studies show that their ‘Y Chromosome’ is related to the Kurds. In ancient times the Khazar kingdom was just north of Kurdistan.
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… The Khazar Jews and Kurds are also related to the Turks and Mongols who long ago conquered both Khazaria and Kurdistan. All are of an Asiatic strain of people!” – Quote from above article
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“More importantly, this information adds to the knowledge that the Jews have absolutely no racial or historical claim to the land of Palestine. In truth, it belongs to the Palestinian people!” – Quote from above article
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Benjamin Freeman, Facts are Facts: “KHAZARS: A people of Turkish origin whose life and history are interwoven with the very beginnings of the history of the Jews of Russia . . . driven on by the nomadic tribes of the steppes and by their own desire for plunder and revenge. . . In the second half of the sixth century the Chazars moved westward. . . The kingdom of the Chazars was firmly established in most of south Russia long before the foundation of the Russian monarchy by the Varangians. . . At this time the kingdom of the Chazars stood at the height of its power and was constantly at war. . . At the end of the eighth century . . . the chagan (king) of the Chazars and his grandees, together with a large number of his heathen people, embraced the Jewish religion”
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Encyclopedia Americana (1985): “Khazar, an ancient Turkic-speaking people who ruled a large and powerful state in the steppes North of the Caucasus Mountains from the 7th century to their demise in the mid-11th century A.D. . . In the 8th Century it’s political and religious head . . . as well as the greater part of the Khazar nobility, abandoned paganism and converted to Judaism. . .”
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Encyclopedia Britannica (15th edition): “Khazars, confederation of Turkic and Iranian tribes that established a major commercial empire in the second half of the 6th century, covering the southeastern section of modern European Russia . . . In the middle of the 8th century the ruling classes adopted Judaism as their religion.”
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Academic American Encyclopedia (1985): “Ashkenazim, the Ashkenazim are one of the two major divisions of the Jews, the other being the Shephardim.”Encyclopedia Americana (1985): “Ashkenazim, the Ashkenazim are the Jews whose ancestors lived in German lands . . . it was among Ashkenazi Jews that the idea of political Zionism emerged, leading ultimately to the establishment of the state of Israel . . . In the late 1960s, Ashkenazi Jews numbered some 11 million, about 84 percent of the world Jewish population.”
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The Jewish Encyclopedia: “Khazars, a non-Semitic, Asiatic, Mongolian tribal nation who emigrated into Eastern Europe about the first century, who were converted as an entire nation to Judaism in the seventh century by the expanding Russian nation which absorbed the entire Khazar population, and who account for the presence in Eastern Europe of the great numbers of Yiddish-speaking Jews in Russia, Poland, Lithuania, Galatia, Besserabia and Rumania.”
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The Encyclopedia Judaica (1972): “Khazars, a national group of general Turkic type, independent and sovereign in Eastern Europe between the seventh and tenth centuries C.E. during part of this time the leading Khazars professed Judaism . . . In spite of the negligible information of an archaeological nature, the presence of Jewish groups and the impact of Jewish ideas in Eastern Europe are considerable during the Middle Ages. Groups have been mentioned as migrating to Central Europe from the East often have been referred to as Khazars, thus making it impossible to overlook the possibility that they originated from within the former Khazar Empire.”
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The Universal Jewish Encyclopedia: “Khazars, a medieval people, probably related to the Volga Bulgars, whose ruling class adopted Judaism during the 8th cent. The Khazars seem to have emerged during the 6th cent., from the vast nomadic Hun (Turki) empire which stretched from the steppes of Eastern Europe and the Volga basin to the Chinese frontier. Although it is often claimed that allusions to the Khazars are found as early as 200 C.E., actually they are not mentioned until 627 . . . most Jewish historians date the conversion of the Khazar King to Judaism during the first half of this century [A.D.]. . .”
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The primary meaning of Ashkenaz and Ashkenazim in Hebrew is Germany and Germans. This may be due to the fact that the home of the ancient ancestors of the Germans is Media, which is the Biblical Ashkenaz . . . Krauss is of the opinion that in the early medieval ages the Khazars were sometimes referred to as Ashkenazim . . . About 92 percent of all Jews or approximately 14,500,000 are Ashkenazim.
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The Bible relates that the Khazars (Ashkenaz) Jews were/are the sons of Japheth not Shem: “Now these are the generations of the sons of Noah, Shem, Ham, and Japheth: and unto them were sons born after the flood. The sons of Japheth; . . . the sons of Gomer; Ashkenaz . . .” So the Bible verifies that the Ashkenaz Jews [Khazars] are not the descendants of Shem and cannot be Semitic.
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The American People’s Encyclopedia for 1954 at 15-292 records the following in reference to the Khazars: “In the year 740 A.D. the Khazars were officially converted to Judaism. A century later they were crushed by the incoming Slavic-speaking people and were scattered over central Europe where they were known as Jews. It is from this grouping that most German, Polish and Hungarian Jews are descended, and they likewise make up a considerable part of that population now found in America. The term Aschenazim is applied to this round-headed, dark-complexioned division.”
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Academic American Encyclopedia Deluxe Library Edition, Volume 12, page 66 states: “The Khazars, a turkic people, created a commercial and political empire that dominated substantial parts of South Russia during much of the 7th through 10th centuries. During the 8th century the Khazar Aristocracy and the Kagan (King) were converted to Judaism.”
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The New Encyclopedia Britannica, Volume 6, page 836 relates: “Khazar, member of a confederation of Turkic-speaking tribes that in the late 6th century A.D. established a major commercial empire covering the southeastern section of modern European Russia . . . but the most striking characteristic of the Khazars was the apparent adoption of Judaism by the Khagan and the greater part of the ruling class in about 740 . . . The fact itself, however, is undisputed and unparalleled in the history of Central Eurasia. A few scholars have asserted that the Judaized Khazars were the remote ancestors of many of the Jews of Eastern Europe and Russia.”
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Collier’s Encyclopedia, Volume 14, page 65 states: “Khazars [kaza’rz], a semi-nomadic tribe of Turkish or Tatar origin who first appeared north of the Caucasus in the early part of the third century . . . In the eighth century Khaghan Bulan decided in favor of the Jews and accepted Judaism for himself and for his people…”
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New Catholic Encyclopedia, Volume VIII, page 173 relates: “The Khazars were an ethnic group, belonging to the Turkish peoples, who, toward the end of the 2d century of the Christian Era, had settled in the region between the Caucasus and the lower Volga and Don Rivers . . . At the beginning of the 8th century, dynastic ties bound the Khazars more closely to Constantinople, which led to a limited spread of Christianity among them. They also became acquainted with Judaism from the numerous Jews who lived in the Crimea and along the Bosphorus. When the Byzantine Emperor, Leo the Isaurian, persecuted the Jews in A.D. 723, many Jews found refuge in the Khazar kingdom, and their influence was so great that, around the middle of the 8th century, the King of the Khazars and many of the Khazar nobility accepted the Jewish faith.”
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The Cadillac Modern Encyclopedia, page 822, states: “Khazars (khah’-zahrz), a S Russian people of Turkic origin, who at the height of their power (during the 8th-10th cent., A.D.) controlled an empire which included Crimea, and extended along the lower Volga, as far E as the Caspian Sea. The Khazar Royal Family and Aristocracy converted to Judaism during the reign of King Bulan (768-809 A.D.) and Judaism was thereafter regarded as the state religion . . .”
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There are many, many publications we could quote but from the above, we can clearly see that the Jews fully understand their Khazarian heritage as the third edition of The Jewish Encyclopedia for 1925 records:
“CHAZARS [Khazars]: A people of Turkish origin whose life and history are interwoven with the very beginnings of the history of the Jews of Russia.
The kingdom of the Chazars was firmly established in most of South Russia long before the foundation of the Russian monarchy by the Varangians (855).
Jews have lived on the shores of the Black and Caspian seas since the first centuries of the common era [after the death of Christ].
Historical evidence points to the region of the Ural as the home of the Chazars. Among the classical writers of the Middle Ages they were known as the ‘Chozars,’ ‘Khazirs,’ ‘Akatzirs,’ and ‘Akatirs,’ and in the Russian chronicles as ‘Khwalisses’ and ‘Ugry Byelyye.’. . .”'](https://scontent-mxp1-1.xx.fbcdn.net/v/t1.0-0/p75x225/16426140_10155103262597287_7289343608975257563_n.jpg?_nc_cat=107&_nc_ht=scontent-mxp1-1.xx&oh=3d29b1a65d7fe12de65a7839653c5994&oe=5D5627FD)
