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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 modular device in Pell City. Today, this has 175 workers among its nine branches. п»ї п»ї Metro Bank is amongst the three banking institutions which can be 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 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
  • Accessibility: 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 participate 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 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
  • 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 institution that is financial because of the Oak Cliff Bible Fellowship. Users, workers, pupils, or group of the Oak Cliff Bible Fellowship (as well as its subsidiaries) qualify to become listed on the company. 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
  • Access: Online and п»ї п»ї

Omega Psi Phi Fraternity Federal Credit Union

Created, the Omega Psi Phi Fraternity Federal Credit Union is available to people in 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 that is п»ї
  • Access: Online and п»ї п»ї

OneUnited Bank

OneUnited Bank had been the initial online-only Black-owned bank and 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 to date, predominantly in low- to moderate-income communities. п»ї п»ї п»ї п»ї

“Everyone is dealing with OneUnited Bank now, but just what they’re perhaps perhaps perhaps not concentrating on with OneUnited Bank is they’re heavily involved in economic training and economic literacy in the metropolitan areas that want it many,” Tyrone Ross, community manager of Altruist, describes. “therefore i feel at this time, whenever you help OneUnited, once more you receive those end roadways within their programs they have instituted to supply use of economic training and monetary 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 https://getbadcreditloan.com/payday-loans-az/ 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 savings, and secured VISA credit card 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, utilizing the founding associated with Victory Savings Bank by a team of African leaders that are american. OPTUS is invested in anyone that is helping irrespective of history 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 reports, vendor solutions, etc.) banking п»ї п»ї
  • Assets: $90,851 п»ї п»ї
  • Accessibility: Online and brick-and-mortar п»ї that is п»ї