Black Excellist: 20 Black Owned Banks for 2021 |

Black Excellist: 20 Black Owned Banks for 2021 | #BANKBLACK
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Ever since the founding of the first American bank in 1781, banking has played a critical role in facilitating the American Dream. However, Black Americans have generally felt uncomfortable or unwelcome in the larger banking institutions and many have felt that racial discrimination has played a major part in denials for mortgage loans, personal credit lines, business capital, or reasonable interest rates…
Thus the need for an alternative to these larger institutions where Black consumers are provided with greater access to capital and wider banking services… and where they feel like they are Priority #1 .
In recent years, there has been greater emphasis on the critical role of Black-owned banks with the Bank Black Movement. Not only do Black Banks give the assurance that they are willing to invest in low-to-moderate income communities, they also setup aggressive financial literacy programs to help better educate the black community on the importance of homeownership, investing, saving accounts, and establishing generational wealth.
Chapters :
0:00 Intro
1:54 1# Al-American Bank
2:15 2# Broadway Federal Bank
2:58 3# Carver Federal Savings Bank
3:23 4# Carver State Bank
3:59 5# Citizens Savings Bank
4:35 6# Citizens Trust Bank
5:22 7# Columbia Savings and Loan
5:56 8# Commonwealth National Bank ( BNK )
6:20 9# First Independent Bank
6:55 10# First Security Bank
7:37 11# GN Bank
8:09 12# The Harbor Bank of Maryland
8:35 13# Industrial Bank
9:04 14# Liberty Bank
9:35 15# Mechanics & Farmers
10:16 16# One United Bank
10:55 17# Optus Bank
11:30 18# Tri-State Bank Of Memphis
12:02 19# United Bank of Philadelphia
12:39 20# United National Bank of Houston
13:15 Outro
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Info Sources: Wikipedia.org, VisionaryProject.org, WomenOfTheHall.org
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#blackexcellence #blackexcellist #bankblack

[@teejohnson9160]

These are the banks that all of these millionaire black athletes need to bank with! We already know (and many of them have experienced) that they're being treated less than fairly by other banks. These Black owned banks would grow faster and be able to open more locations if they had the support of wealthy black people! I had no idea there were this many Black-owned banks.

[@latreacewalker4429]

I totally agree I'm shocked yet very proud

[@Jackrabbitt247]

Every "aboriginal descent" man and woman and woman need to read this comment, work with me and let's spread the information, crazy we almost have the same name. 💯

[@michaelprovidence9961]

Ya but if they don't live in the same area of these banks why would they bank with them?

[@fivestar000]

They all need to reach out to all of them

[@kelj4517]

I would never put my money in a colored bank! They always scamming!

[@abdulsharif6541]

I am a member of Industrial Bank (Washington DC, Prince George's County Maryland, Newark New Jersey, and Harlem New York)

[@omasmi]

Blackbanksmatter blackdollarsmatter

[@shakalalakoo]

Thanks a lot. I wish i knew these banks right when i got to the US. I threw myself in the hands of thieves, crooked and thugs because my relatives who got here before me just couldn't take the time to observe and analyse whats going on! Stay blessed Black America. Will share this w my friends.

[@IsaroBururu]

Not to late brother! We still can get on board!

[@cavelwoolery9151]

I just stumbled across this channel, and I'm already amazed

[@BlackExcellist]

We appreciate you joining us!

[@williammcdaniel4888]

If only the African Americans knew the importance of banking and finance we wouldn't even be in the condition we in

[@Juanita_Randall]

Just got to get over the beatdown syndrome. The hidden population syndrome, the I hate you in public syndrome, the bogeyman in the closet syndrome, the haters that wait for dark syndrome, the wait till you to ignore them so that they can sneak up on you syndrome. There are many excuses and examples of underhanded doings that happen to too many dark people becoming free of outside influences. Many dark americans even know what bus or subway stops to not go to, because of outside influencers with chips on their shoulders. The media tries to hide the shenanigans from the general public but it gets out, in spite of their blunderous attempts at washing away the crime scenes. Hurtful things still exist, you try to ignore it, but, end up stepping in a vortex. Central park, Wall Street, Sand Branch, Tx., etc, etc, etc. Ignore at your own peril, that is the word. Freedom, real freedom, is separation, how in the heck can we do that, without a financial ladder of our own, without a country of our own, etc, etc, etc... our "black" banks look good on paper, they are making money for somebody. As soon as the economic rug is pulled out from under their customers, through no fault of their own, you will be back to square one. Bartering and crafting is a lost art to our people. We have mostly become consumers who have no pull. We need entertainment in our lives, the kings, queens, dukes and dutchess are in the entertainment and political category. The cast society is still in existence, the poor enforcers of almost every race, continues the farce that conflict must continue. Resolution comes with many strings attached to it, which helps to foster the continuation of humanity's war on each other, under an indifferent replaceable leader. Am I wrong for thinking as I do, while hoping that I am not right in thinking as I do. Weather or other natural disasters, can wipe this planet's population off of the face of this earth, however, the bullies of the world would rather have a free ride, and charge us all to live under their warm embraces. Ok, so we do need some type of organization, and if you don't know how to do a craft you make do with what you can do, in order to survive. The world's civilization is in constant flux. There are many places where there used to be buildings and other areas where people used to live, way before the current civilization started to grow and evolve. The group that writes the laws are the ones that beat down the existing inhabitants of any community that is not protected by it's people. Who are "black" people. Banking businesses are tough businesses, just like churches, both are controlled by the politicians who make the laws.

[@fivestar000]

Exactly

[@JetseTurner]

I approve this Message! I have an account with One United in Compton.

[@BlackExcellist]

💪🏽💪🏽💪🏽

[@jacobyengland8866]

Excellent information sharing and education! Thank you, Black Excellence Excellist

[@iammisterlyde]

This is definitely an area that need more participation on or end... After all, we are perhaps still the largest consumer groups in the world; we also need to be the largest investing groups and communities as well.

[@doctorr.t.v.3142]

We Are the Greatest IN The World Lets Go Family

[@CountryBlessingz]

For Sure!

[@doctorr.t.v.3142]

@@CountryBlessingz Awesome

[@kimberlyowens5496]

True that

[@brownbagz]

AMEN!!!

[@Angela-pi6zc]

Thank you for this list of Black Owned Banks!

[@IamCapricornD86]

The top 20 black owned Banks in 2021 are: 1. Alamerica Bank (Birmingham, AL) 2.Broadway Federal Bank ( California, Washington, DC) 3.Carver Federal Savings Bank (New York, New York) 4. Carver State Bank (Savannah, GA) 5. Citizens Savings Bank (Nashville, TN) 6. Citizens Trust Bank (Atlanta, GA) 7. Columbia Savings and Loan (Milwaukee, WI) 8. Commonwealth National Bank( Mobile, AL) 9. First Independence Bank ( Michigan & Minnesota) 10. First Security Bank (Manly, Iowa) 11. GN Bank ( Chicago, ILL) 12. The Harbor Bank of Maryland( Baltimore, MD) 13. Industrial Bank (Washington, DC) 14. Liberty Bank (Located in eight states: AL, LA, TN, MS, ILL, MO, MI, KY) 15. Mechanics & Farmers ( Charlotte, NC) 16. One United Bank ( Boston, MA) 17. Optus Bank (Colombia, SC) 18. Tri-State Banks of Memphis (Memphis, TN) 19. Unitec Bank of Philadelphia (Philadelphia, PA) 20. United National Bank of Houston (Houston, TX) Those are the top 20 Black Owned Banks in Black America for the year of 2021!

[@misunderstoodkj]

17. Optus Bank (Columbia, SC)*

[@IamCapricornD86]

@@misunderstoodkj Thank you for noticing that, thank you very much.

[@sikwitit2494]

Thank you

[@AtheneHolder]

bet!

[@JayS64]

Thank you for the typed out list 👍

[@BigDaddyplus2women]

People forget that some of these banks have stock you can buy also that pay div. So invest in blk power. There also a black owned hospital stock that needs blk investment.

[@reyy568]

Thanks i sure will invest

[@BigDaddyplus2women]

@@reyy568 Do your research. The blk banks are ok. But I was fooled by some of the others. They are not truly black owned.

[@hunibuni]

Do you have a list of the hospitals?

[@deenad3562]

Cmon, where's the list in the description box? Would love to share....

[@jessicamoise8454]

Proud of all of them 20 black bank

[@emmanuelmarthol3156]

Seaway didn't make the list? The one in Chicago. Wow everyone knows them

[@tfamily5561]

You should share this list with Roland Martin based on his current story concerning the Doctor denied banking by Chase Bank. You did a great job at compling this list. Take your shine national

[@Computerlegacy]

So I will be needing a business loan soon and I can’t think of anything better than to go with a black owned bank!

[@quadmsolutions4723]

Go bank there first.

[@age_of_reason]

Yes, because the shade of your skin is much more important than your creditworthiness 🤣

[@shashee0000]

Good information.👍🏾

[@MIKEJ788]

GOD BLESS BLACK BANKS

[@ddunvideo]

Priceless, I'm grateful for your insight a

[@Pitchworship]

I am switching all my accounts to a black owned bank. We must patronize our own. We need to keep our money in the community. We must stay focused. Any suggestions on the most reliable of all these black owned banks ?

[@Dave-yw2wc]

Hate that sort of attitude. Were all brothers here, saying "our own" simply segregates and separates people based on race.

[@CountryBlessingz]

Greetings and thanks for this post. I would love to be a part of the movement. We need more of US to encourage our Black people to create, participate, etc.in creating our own economy!🙏🤑

[@allendixon1044]

Yes that's so right so much you did but now when it comes to the funeral they need some working now on I would be scared I would be scared for me or any of my family I think what this one I'm going to go to the whites

[@allendixon1044]

They be putting the wrong person in the wrong place at these places it's been a total mess and oh my oh it's so awful who you better think about that one already do some research research yes indeed

[@user-sg6ce3tx7s]

Black assets and Black Banking and Black equity as in currency,is a must not fantasy wishing nor fantasy thinking..... period

[@davemyers4466]

Thank you.

[@BlackExcellist]

Which 💵 BlackBank 💵are you with or which one are you considering? We are with One United 💪🏽💰💪🏽

[@deenad3562]

Was with citizens then its branch closed...will find another

[@p_black3219]

Citizens Trust Bank since 1992

[@quadmsolutions4723]

Who's majority owner of this channel?

[@southafricaismyhome814]

We see you from Southafrica

[@collenmatsheni]

We also need this back home in SA

[@amandaamor1633]

Beautiful ❤

[@tricedaboss3745]

It's #12 and especially #13 for me. #bankblack

[@user-sg6ce3tx7s]

Racial banking and discrimination is one of American history .... Independence and liberation as in being liberated from banks and big government is one of freedom and the American Ideal.....

[@christopherparker8826]

I love to see this learned something new today

[@happinesswatts]

Glad to watch this. As an African I am told only the bad about African Americans. But I know it was more to it

[@ddo920]

I bank black w mMechanic and Farmers Bank in North Carolina

[@lisabaxter7786]

Sharing is caring shared this

[@Kingofthepeople]

I love Oneunited Bank is the largest black owned back in the United States! 10:18

[@jamescameron2832]

Well we won’t see this on the news, we’ll done 👍

[@stayfresh06]

Bots are having whole conversations now.

[@mamabear3217]

They really are , it's crazy

[@JustineColetrane]

Blake's Optus Savings & Loan Banking Franchise's brick & mortar is located on Meeting street.

[@xmanprime3328]

B1✊🏾

[@ckbond41]

This is really nice to see. What I would like to know is if there are so much black banks, how comes there are so much black people that's unbanked. Also with a spending power of 1 TRILLION DOLLARS, how comes there are so much poor underclass black people.🥲

[@ctbt1832]

Industrial bank is also in Maryland

[@yolandashelton2893]

Wow yesssss all praise too the Heavenly Father for all there blessings yessssss didn’t even know about all these black owners of banks 🏦 wow wow what a great history lesson wow yessss Black Is Beautiful and all praise too the Heavenly Father hallelujah amen thank you for sharing blessings blessings too them all and praying the Heavenly Father keeps blessing them and guide them all and they keep blooming and growing hallelujah hallelujah amen ❤️💕🥰❤️💕🥰❤️🏦💕🥰❤️🏦💕🥰❤️🏦💕🥰

[@lisabaxter7786]

A billion blessings this is great happy proud appreciate this wonderful to know

[@jimi606]

Nothing in Florida? :(

[@lisabaxter7786]

Thanks so much helpful Fantabulous

[@thekeith-donovanexperience]

Liberty Bank NOLA! Been banking with them since I was a kid. 🤎

[@BlackExcellist]

Good deal!

[@aziaredman]

😓 of course Pittsburgh doesn't have one on the list.

[@ArghRawrWhoa]

Nice

[@anncaldwell1743]

AWESOME AWESOME AND AWESOME! EXCELLENT TO KNOW THAT WE HAVE MELANINATED OWN BANKS THAT WE CAN GO TO.

[@Omega1st]

But do you have an Account with any "Black Owned" Bank? You don't.

[@generalfreddie]

@@Omega1st 😂😂

[@michaelprovidence9961]

@@Omega1st If she doesn't live where one is then most likely she won't

[@Omega1st]

@@michaelprovidence9961 Banks are internet-based.

[@michaelprovidence9961]

@@Omega1st oh..so you don't need to live in the area where up or bank is located? What if you have to have a meeting at the bank or if you prefer to do in person banking?

[@ctbt1832]

They should update this list

[@edwinhenry7531]

So we all need to place our money in these banks. That way the community can grow our communities.

[@DHard-mc2uw]

And spend your paycheck in your own community

[@miaj5793]

👍🏽

[@iamlyrics9118]

💪🏾💪🏾💪🏾❤️💙

[@RaMahUganda]

I hope these banks become our connection to the new Diaspora Currency the Lumi Dollar of Eco6

[@rigg13]

Maybe it was acquired but the current GN Bank couldn't have been started in 1934 because it's owned by a Ghanaian immigrant who went to the U.S to study in the 1970s. Dr Papa Kwesi Nduom, GN means Groupe Nduom, used to be very active in Ghanaian politics a few years back also GN Bank was once operating in Ghana but they closed up shop in 2019 or so.

[@rickjones1281]

What is the best bank for black men in the U.S.??Does anyone know?

[@LAMBORGHINIACE]

🙏🏿

[@spacepunk_nappy]

Sorry Chime.....it's been real...✌🏾🖖🏾🤘🏾🤙🏾Peace

[@daphnerodriguez9980]

THANKS YOU GOODNESS 🌟 AMAZING ❤️🖤💚🤎 FAMILY DAPHNE COTTON ALWAYS 💜 AWESOME,

[@cavhaynes]

Ujamaa ✊🏾

[@judedestin477]

Any black owned banks in FL?

[@DevotedLady53]

♥️♥️♥️🙏

[@evek2572]

🎓👍💪

[@themysticcure]

Alrighty! Let me scroll down and read all of the negative comments about how these banks ain't....yeah; lets see how Black folks tear them apart. Scrolling now.

[@BlackExcellist]

Did you find what you were looking for?

[@williesmith3466]

,,,,

[@tonysoprano7179]

Invest in $byfc

[@ronnielee943]

Here's a link to black-owned banks & credit unions by state: www.businessinsider.com/personal-finance/black-owned-banks-credit-unions

[@amb7412]

Thank you.