Top 5 Black Owned Banks In America [Updated 2024]

Did you know, as of the latest information available, that only 23 out of 5,400 insured financial institutions in the United States are owned and operated by Black people? However, black owned banks in America are punching above their weight when it comes to supporting their communities.
In this blog, we will explore the history of black owned banks in America and highlight the top 5 black owned banks that are making a significant impact in 2024