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

Metro Bank

Metro Bank first exposed 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,” in the place 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 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 lender. п»ї Church users 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 (car, unsecured, etc.), cost cost 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 п»ї
  • Accessibility: Online and п»ї п»ї

Oak Cliff Christian Federal Credit Union

Formally chartered, the Oak Cliff Christian Federal Credit Union is really a Christian-based lender sponsored because of the Oak Cliff Bible Fellowship. Users, workers, pupils, or group of the Oak Cliff Bible Fellowship (and its particular subsidiaries) qualify to become listed on the business. 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 sales, 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
  • Accessibility: Online and п»ї п»ї

Omega Psi Phi Fraternity Federal Credit Union

Launched, the Omega Psi Phi Fraternity Federal Credit Union is ready to accept users of the fraternity, including its chapters, districts, as well as other associated businesses, 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 that is 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 it is the greatest Black-owned bank within the U.S. Originally founded as Unity Bank and Trust business, OneUnited has financed significantly more than $100 million in loans so far, predominantly in low- to moderate-income communities. п»ї п»ї п»ї п»ї

“Everyone is speaking about OneUnited Bank now, but just what they’re perhaps perhaps not emphasizing with OneUnited Bank is they’re heavily involved with economic training and economic literacy in the towns that want it many,” Tyrone Ross, community manager of Altruist, describes. “thus I feel just like at this time, once you help OneUnited, once again you obtain those end roadways in their programs they have instituted to deliver usage of monetary training and monetary literacy payday loans in Iowa.”

  • 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 cost 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
  • Supply: Online and п»ї п»ї

OPTUS Bank

The tale of OPTUS started, utilizing the founding associated with the Victory Savings Bank by a team of African American leaders. OPTUS is invested in assisting anybody, no matter back ground or situation, build their wide range and boost 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 reports, 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 п»ї