21 Black Owned Banks | #BankBlack | #BlackExcellist
21 Black Owned Banks (#BANKBLACK)
www.blackexcellist.com
Today, we are featuring 21 Banks with over 50% ownership by African Americans. Credit Unions are not included in this list. Please download the “Bank Black” app or log in to BlackOutCoalition.org for a Black-owned bank near you.
African American spending power is over $1 trillion dollars a year. Let me repeat… our *yearly* spending power is over 1 *trillion* dollars. However, the collective assets of all black-owned banks combined is only 4.7 *billion* dollars. Sadly, that is not even 1% of our massive spending power. We are supporting companies and brands that don’t necessarily support us. And this includes Banks.
And thus the #BankBlack revolution began.
Info Sources: Investopedia.com, TimeForAnAwakening.com,
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Recommended Reading:
* Becoming by Michelle Obama
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* The 7 Habits of Highly Effective People
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* Billionaire Branding: Hip Hop’s Cash Kings
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Music Credit: Title: “Life Is ” | | Artist: Cosimo Fogg 201
Sources: CensusReporter.org, Trulia.com, Wikipedia
Published Date: November 2017
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