For the most current African American Owned Bank Directory visit the 2022 link by clicking here.
All banks are listed in alphabetical order. In order to be listed in our directory the bank must have at least 51 percent African American ownership. You can click on the bank name to go directly to their website.
There are 25 African American owned banks with assets totaling approximately $5.1 billion in assets or approximately 0.46 percent of African America’s $1.1 trillion in buying power.
OTHER KEY FINDINGS:
- AAOBs are in 17 states. Key states absent are Florida, Mississippi, New York, and Ohio.
- Alabama, Georgia, and Illinois lead the way with 3 AAOBs each.
- Median AAOBs Aseets: $117 869 000
- Average AAOBs Assets: $206 932 000
- AAOBs control 0.03 percent of All American Bank Owned Assets
- AAOBs control 2.8 percent of FDIC designated Minority-Owned Bank Assets
- In 2013, there were 21 AAOBs, this year sees 25 or an increase of almost 25 percent.
- Only 6 of 2013’s 21 AAOBs saw increases in assets.
- For comparison, Asian American Owned Banks have approximately $43 billion in assets spread over 78 institutions. They control 6 percent of Asian America’s buying power.
Location: Birmingham, Alabama
Founded: January 28, 2000
FDIC Region: Atlanta
Assets: $36 715 000
Asset Change (2013): Up 3.7%
Location: Los Angeles, California
Founded: February 26, 1947
FDIC Region: San Francisco
Assets: $345 574 000
Asset Change (2013): Down 10.3%
CAPITAL CITY BANK & TRUST COMPANY
Location: Atlanta, Georgia
Founded: October 3, 1994
FDIC Region: Atlanta
Assets: $291 266 000
Asset Change (2013): Down 1.1%
Location: Savannah, Georgia
Founded: January 1, 1927
FDIC Region: Atlanta
Assets: $40 790 000
Asset Change (2013): Down 1.9%
Location: Nashville, Tennessee
Founded: January 4, 1904
FDIC Region: Dallas
Assets: $97 201 000
Asset Change (2013): N/A
Location: Atlanta, Georgia
Founded: June 18, 1921
FDIC Region: Atlanta
Assets: $391 647 000
Asset Change (2013): Down 0.2%
Location: Newark, New Jersey
Founded: June 11, 1973
FDIC Region: New York
Assets: $313 355 000
Asset Change (2013): Down 7.9%
COLUMBIA SAVINGS & LOAN ASSOCIATION (No Website)
Location: Milwaukee, Wisconsin
Founded: January 1, 1924
FDIC Region: Chicago
Assets: $24 136 000
Asset Change (2013): N/A
Location: Mobile, Alabama
Founded: February 19, 1976
FDIC Region: Atlanta
Assets: $59 455 000
Asset Change (2013): Down 6.0%
Location: Detroit, Michigan
Founded: May 14, 1970
FDIC Region: Chicago
Assets: $231 547 000
Asset Change (2013): Up 7.2%
Location: Danville, Virginia
Founded: September 08, 1919
FDIC Region: Atlanta
Assets: $38 784 000
Asset Change (2013): Down 0.3%
Location: Tuskegee, Alabama
Founded: October 11, 1991
FDIC Region: Atlanta
Assets: $63 127 000
Asset Change (2013): Down 6.2%
Location: Baltimore, Maryland
Founded: September 13, 1982
FDIC Region: New York
Assets: $242 628 000
Asset Change (2013): N/A
Location: Chicago, Illinois
Founded: November 09, 1970
FDIC Region: Chicago
Assets: $73 375 000
Asset Change (2013): Down 13.6%
ILLINOIS SERVICE FEDERAL SAVINGS & LOAN
Location: Chicago, Illinois
Founded: January 01, 1934
FDIC Region: Chicago
Assets: $117 869 000
Asset Change (2013): Down 15.9%
Location: Washington, DC
Founded: August 18, 1934
FDIC Region: New York
Assets: $342 524 00
Asset Change (2013): Up 3.3%
Location: New Orleans, Louisiana
Founded: November 16, 1972
FDIC Region: Dallas
Assets: $562 046 000
Asset Change (2013): Up 3.1%
Location: Durham, North Carolina
Founded: March 01, 1908
FDIC Region: Atlanta
Assets: $291 792 000
Asset Change (2013): Down 4.3%
Location: Milwaukee, Wisconsin
Founded: February 12, 1971
FDIC Region: Chicago
Assets: $86 806 000
Asset Change (2013): Down 5.1%
Location: Boston, Massachusetts
Founded: August 02, 1982
FDIC Region: New York
Assets: $612 624 000
Asset Change (2013): Up 3.7%
Location: Chicago, Illinois
Founded: January 02, 1965
FDIC Region: Chicago
Assets: $550 720 000
Asset Change (2013): Down 3.9%
Location: Columbia, South Carolina
Founded: March 26, 1999
FDIC Region: Atlanta
Assets: $69 613 000
Asset Change (2013): N/A
Location: Memphis, Tennessee
Founded: December 16, 1946
FDIC Region: Dallas
Assets: $150 270 000
Asset Change (2013): N/A
Location: Philadelphia, Pennsylvania
Founded: March 23, 1992
FDIC Region: New York
Assets: $62 453 000
Asset Change (2013): Down 8.1%
Location: Houston, Texas
Founded: August 01, 1985
FDIC Region: Dallas
Assets: $69 813 000
Asset Change (2013): Up 2.5%
HBCU Money 
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