Black-Owned Banking Institutions by State. Back ground and History of Black-Owned Banking Institutions

Southern Side Community Federal Credit Union

The Southern Side Community Federal Credit Union has provided use of credit and cost cost cost cost savings solutions because of its people, along with economic training.     folks are entitled to account when they reside, work, worship, attend college, or are part of an company that is within Chicago’s Southern Side.  

Southern Teachers & Parents Federal Credit Union

With additional than 80 several years of solution, Southern Teachers & Parents Federal Credit Union provides individualized economic solutions to its people. п»ї п»ї Those eligible for account include alumni, workers, moms and dads, and pupils of Southern University; workers in presumption, East Baton Rouge, Lafourche, and western Feliciana parishes; workers in Thibodaux plus the Lafourche Parish Juvenile Justice center; and their loved ones people. п»ї п»ї

St. Louis Community Credit Union

Initially chartered because the Teachers Credit Union, St. Louis Community Credit Union provides both monetary solutions and many programs to guide customers within the community that is local.   Individuals who reside or work with St. Louis City, Franklin, and St. Louis county in Missouri—as well such as the St. Clair, Madison, Monroe, and Jersey counties in Illinois — are qualified to receive account, as well as their loved ones.  

The Harbor Bank of Maryland

Initially starting its doorways, the Harbor Bank of Maryland provides banking as well as other monetary solutions, mainly into the Baltimore area that is metropolitan. Harbor Bank had been additionally the very first community bank into the U.S. to possess a good investment subsidiary while the very very very very very very first to get financing from Fannie Mae through the Community developing Financial Institution (CDFI) program. п»ї п»ї Harbor Bank is amongst the three banking institutions which are considered “Black operated,” rather than Ebony owned. п»ї п»ї