Top 10 Black Owned Banks in the United States
Top 10 Black-Owned Banks in the United States
Fighting for the value of Black lives isn’t new and so are Black-owned banks. Still, with unprecedented spotlight and support of the Black Lives Matter movement, banking Black is gaining more and more momentum.
Black-owned financial institutions have a long-standing history in predominately African American communities. Ever since the founding of the Bank of North America in 1781, banking has played a vital part in facilitating the American Dream. These institutions offer essential monetary services, ranging from accepting deposits to providing loans. Credit is king in the United States, and without high-quality financial institutions, most Americans would struggle to acquire housing, vehicles, and other necessary items.
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