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

Metro Bank

Metro Bank first exposed its doorways, with 10 workers running away from a short-term modular product in Pell City. Today, this has 175 workers among its nine branches. п»ї п»ї Metro Bank is amongst the three banking institutions being considered “Black operated,” in the place of Ebony owned. п»ї п»ї

  • Branches: Ashville Workplace (Ashville, Ala.), Heflin Workplace (Heflin, Ala.), Lincoln Workplace (Lincoln, Ala.), Moody Office (Moody, Ala.), Principal Workplace (Pell City, Ala.), North Workplace (Pell City, Ala.), Southern Workplace (Pell City, Ala.), Ragland Office (Ragland, Ala.), Southside Office (Southside, Ala.) п»ї п»ї
  • ATMs: Ashville Workplace (Ashville, Ala.), Heflin Workplace (Heflin, Ala.), Lincoln Workplace (Lincoln, Ala.), Principal Workplace (Pell City, Ala.), Moody Office (Moody, Ala.), North Workplace (Pell City, Ala.), Odenville ATM (Odenville, Ala.) Southern Workplace (Pell City, Ala.), Ragland Office (Ragland, Ala.), Southside Office (Southside, Ala.) п»ї п»ї
  • States: Alabama п»ї п»ї
  • Services: Personal (checking, cost cost cost savings, etc.), business (checking, savings, etc.), as well as other solutions (loans, insurance coverage, etc.) п»ї п»ї
  • Assets: $777,085 п»ї п»ї
  • Accessibility: Online and п»ї п»ї

Mount Olive Baptist Church Federal Credit Union

It received its Federal Charter. The Mount Olive Baptist Church Federal Credit Union is just a faith-based, not-for-profit institution that is financial. п»ї Church users and their instant families meet the criteria to participate this company. п»ї п»ї

  • Branches: Mount Olive Baptist Church FCU (Dallas, Texas) п»ї п»ї
  • ATMs: N/A
  • States: Texas п»ї п»ї
  • Services: Loans (car, unsecured, etc.), cost cost savings records, direct deposits, and cable transfers п»ї п»ї п»ї п»ї п»ї п»ї п»ї п»ї
  • Assets: $7.609 million п»ї that is п»ї
  • Accessibility: Online and п»ї п»ї

Oak Cliff Christian Federal Credit Union

Formally chartered, the Oak Cliff Christian Federal Credit Union is just a Christian-based standard bank sponsored by the Oak Cliff Bible Fellowship. Users, workers, pupils, or group of the Oak Cliff Bible Fellowship (and its own subsidiaries) meet the criteria to participate the company. п»ї п»ї

  • Branches: Oak Cliff Christian FCU (Dallas, Texas) п»ї п»ї
  • ATMs: N/A
  • States: Texas п»ї п»ї
  • Services: Loans, financial loans (IRAs, money market, etc.), direct deposit, cash sales, and credit reports п»ї п»ї п»ї п»ї п»ї that is п»ї
  • Assets: $6.343 million п»ї that is п»ї
  • Supply: Online and п»ї п»ї

Omega Psi Phi Fraternity Federal Credit Union

Launched, the Omega Psi Phi Fraternity Federal Credit Union is ready to accept people in the fraternity, including its chapters, districts, as well as other associated companies, and their own families, along with workers of both the fraternity and credit union it self. п»ї п»ї п»ї п»ї

  • Branches: Omega Psi Phi Fraternity Federal Credit Union c/o CAMO (Toccoa, Ga.) п»ї п»ї
  • ATMs: N/A
  • States: Georgia п»ї п»ї
  • Services: Accounts (solitary, joint, etc.), share draft checking, loans, and credit cards п»ї п»ї
  • Assets: $1.957 million п»ї п»ї
  • Supply: Online and п»ї п»ї

OneUnited Bank

OneUnited Bank ended up being initial online-only Black-owned bank and it is the greatest Black-owned bank within the U.S. Originally founded as Unity Bank and Trust business, OneUnited has financed a lot more than $100 million in loans so far, predominantly in low- to moderate-income communities. п»ї п»ї п»ї п»ї

“Everyone is referring to OneUnited Bank now, but just what they’re perhaps perhaps not emphasizing with OneUnited Bank is they’re heavily involved with economic training and monetary literacy in the towns and cities that want it many,” Tyrone Ross, community manager online payday RI of Altruist, describes. “therefore i feel just like at this time, once you help OneUnited, once again you obtain those end roadways within their programs they curently have instituted to supply usage of monetary training and monetary literacy.”

  • Branches: Compton Branch (not far off) (Compton, Cali.), Business Office and Crenshaw Branch (l . a ., Cali.), Miami Branch (Miami, Fla.), Corporate Headquarters (Boston, Mass.), and Roxbury Branch (Roxbury, Mass.) п»ї п»ї
  • ATMs: area of the MoneyPass system п»ї п»ї
  • States: Ca, Florida, and Massachusetts п»ї п»ї
  • Services: Checking, cost cost cost savings, and VISA that is secured credit п»ї п»ї п»ї п»ї п»ї п»ї
  • Assets: $650 million п»ї that is п»ї
  • Supply: Online and п»ї п»ї

OPTUS Bank

The storyline of OPTUS started, because of the founding regarding the Victory Savings Bank by a small grouping of African American leaders. OPTUS is dedicated to anyone that is helping irrespective of back ground or situation, build their wide range and enhance their everyday lives. п»ї п»ї

  • Branches: Main Branch (Columbia, S.C.) п»ї п»ї
  • ATMs: Beltline Branch (Columbia, S.C.), business Office (Columbia, S.C.), Main Branch (Columbia, S.C.) п»ї п»ї
  • States: Sc п»ї п»ї
  • Services: private (IRA records, customer loans, etc.) and company (deal records, vendor solutions, etc.) banking п»ї п»ї
  • Assets: $90,851 п»ї п»ї
  • Access: Online and brick-and-mortar п»ї that is п»ї

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