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 launched its doorways, with 10 workers running away from a short-term unit that is modular Pell City. Today, this has 175 workers among its nine branches. п»ї п»ї Metro Bank is amongst the three banking institutions which are considered “Black operated,” instead 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 Office (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 Office (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.), along with other solutions (loans, insurance coverage, etc.) п»ї п»ї
  • Assets: $777,085 п»ї п»ї
  • Access: 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 people and their instant families meet the criteria to become listed on 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 (automobile, unsecured, etc.), cost cost cost cost savings reports, 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 п»ї
  • Access: 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 institution that is financial because of the Oak Cliff Bible Fellowship. People, workers, pupils, or group of the Oak Cliff Bible Fellowship (and its particular subsidiaries) meet the criteria to become listed on the corporation. 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 purchases, and credit reports п»ї п»ї п»ї п»ї п»ї п»ї
  • Assets: $6.343 million п»ї that is п»ї
  • Access: Online and п»ї п»ї

Omega Psi Phi Fraternity Federal Credit Union

Created, the Omega Psi Phi Fraternity Federal Credit Union is ready to accept users of the fraternity, including its chapters, districts, as well as other organizations that are related and their loved ones, 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 that is п»ї
  • Supply: Online and п»ї п»ї

OneUnited Bank

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

“Everyone is speaing frankly about OneUnited Bank now, exactly what they’re perhaps perhaps perhaps perhaps not concentrating on with OneUnited Bank is they’re heavily involved in monetary training and economic literacy in the metropolitan areas that want it many,” Tyrone Ross, community manager of Altruist, describes. “and so i feel just like at this time, once you help OneUnited, once again you can get those end roadways in their programs they curently https://fastcashcartitleloans.com/payday-loans-or/ have instituted to present use of economic training and economic literacy.”

  • Branches: Compton Branch (just around the corner) (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, savings, and VISA that is secured credit п»ї п»ї п»ї п»ї п»ї п»ї
  • Assets: $650 million п»ї п»ї
  • Supply: Online and п»ї п»ї

OPTUS Bank

The storyline of OPTUS started, with all the founding for the Victory Savings Bank by a team of African American leaders. OPTUS is devoted to anyone that is helping aside from 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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