Black-Owned Banking Institutions by State. History and background of Black-Owned Banking Institutions

Metro Bank

Metro Bank first started its doorways, with 10 workers running away from a short-term unit that is modular Pell City. Today, it’s 175 workers among its nine branches. п»ї п»ї Metro Bank is just one of 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 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 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 really a faith-based, not-for-profit standard bank. 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 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
  • Supply: 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 because of the Oak Cliff Bible Fellowship. People, workers, pupils, or group of the Oak Cliff Bible Fellowship (and its own subsidiaries) meet the criteria to participate the corporation. п»ї п»ї

  • Branches: Oak Cliff Christian FCU (Dallas, Texas) п»ї п»ї
  • ATMs: N/A
  • States: https://fastcashcartitleloans.com/payday-loans-tn/ 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 that is 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 people of the fraternity, including its chapters, districts, along with other organizations that are related and their own families, as well as 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 the very first online-only Black-owned bank and 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 discussing OneUnited Bank now, but just what they’re perhaps perhaps perhaps perhaps perhaps not concentrating on with OneUnited Bank is they’re heavily involved in monetary training and economic literacy in the towns that want it many,” Tyrone Ross, community manager of Altruist, describes. “you help OneUnited, once more you will get those end roadways to their programs they have instituted to deliver usage of monetary training and economic literacy. and so I feel just like at this time, whenever”

  • 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, 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 п»ї
  • Accessibility: Online and п»ї п»ї

OPTUS Bank

The tale of OPTUS started, utilizing the founding regarding the Victory Savings Bank by a team of African leaders that are american. OPTUS is focused on anyone that is helping irrespective of back ground or situation, build their wide range and boost their life. 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 reports, 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