Category Archives: Lists

HBCU Money™ Business Book Feature – The Man in the High Castle

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“The single most resonant and carefully imagined book of Dick’s career.” – New York Times

It’s America in 1962. Slavery is legal once again. The few Jews who still survive hide under assumed names. In San Francisco, the I Ching is as common as the Yellow Pages. All because some twenty years earlier the United States lost a war—and is now occupied by Nazi Germany and Japan.

This harrowing, Hugo Award-winning novel is the work that established Philip K. Dick as an innovator in science fiction while breaking the barrier between science fiction and the serious novel of ideas. In it Dick offers a haunting vision of history as a nightmare from which it may just be possible to wake.

Winner of the Hugo Award

HBCU Money™ Business Book Feature – A Wilderness So Immense: The Louisiana Purchase and the Destiny of America

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In A Wilderness so Immense, historian Jon Kukla recounts the fascinating tale of the personal maneuverings, political posturing, and international intrigue that culminated in the greatest land deal in history. Spanning nearly two decades, Kukla’s book brings to life a pageant of characters from Thomas Jefferson, James Monroe, and John Jay, to Napoleon and Carlos III of Spain and other colorful figures.

Employing letters, memoirs, contemporary documents, and a host of other sources, Kukla creates a complete and compelling account of the Louisiana Purchase. From the hinterlands in Kentucky to the courts of Spain, France, and England to the halls of Congress, he re-creates the forces and personalities that turned a struggle for navigation rights on the Mississippi into an event that doubled the size of the country and altered the destiny of the United States forever.

Student Debt Profile By Conference (School By School) – The SIAC

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Albany State University

Average debt of graduates, 2011 – $32 034

Proportion of graduates with debt, 2011 – 90%

Nonfederal debt, % of total debt of graduates, 2011 – 4%

2010-11 Pell Grant recipients – 76%

Benedict College

Average debt of graduates, 2011 – N/A

Proportion of graduates with debt, 2011 – N/A

Nonfederal debt, % of total debt of graduates, 2011 – N/A

2010-11 Pell Grant recipients – 84%

Central State University

Average debt of graduates, 2011 – N/A

Proportion of graduates with debt, 2011 – N/A

Nonfederal debt, % of total debt of graduates, 2011 – N/A

2010-11 Pell Grant recipients – 76%

Claflin University

Average debt of graduates, 2011 – N/A

Proportion of graduates with debt, 2011 – N/A

Nonfederal debt, % of total debt of graduates, 2011 – N/A

2010-11 Pell Grant recipients – 70%

Clark Atlanta University

Average debt of graduates, 2011 – N/A

Proportion of graduates with debt, 2011 – N/A

Nonfederal debt, % of total debt of graduates, 2011 – N/A

2010-11 Pell Grant recipients – 70%

Fort Valley State University

Average debt of graduates, 2011 – N/A

Proportion of graduates with debt, 2011 – N/A

Nonfederal debt, % of total debt of graduates, 2011 – N/A

2010-11 Pell Grant recipients – 75%

Kentucky State University

Average debt of graduates, 2011 – $36 293

Proportion of graduates with debt, 2011 – 30%

Nonfederal debt, % of total debt of graduates, 2011 – 0%

2010-11 Pell Grant recipients – 52%

Lane College

Average debt of graduates, 2011 – $8 619

Proportion of graduates with debt, 2011 – 87%

Nonfederal debt, % of total debt of graduates, 2011 – 3%

2010-11 Pell Grant recipients – 88%

Lemoyne-Owen College

Average debt of graduates, 2011 – $19 369

Proportion of graduates with debt, 2011 – 95%

Nonfederal debt, % of total debt of graduates, 2011 – 0%

2010-11 Pell Grant recipients – 80%

Miles College

Average debt of graduates, 2011 – N/A

Proportion of graduates with debt, 2011 – N/A

Nonfederal debt, % of total debt of graduates, 2011 – N/A

2010-11 Pell Grant recipients – 78%

Morehouse College

Average debt of graduates, 2011 – $29 500

Proportion of graduates with debt, 2011 – 80%

Nonfederal debt, % of total debt of graduates, 2011 – N/A

2010-11 Pell Grant recipients – 49%

Paine College

Average debt of graduates, 2011 – N/A

Proportion of graduates with debt, 2011 – N/A

Nonfederal debt, % of total debt of graduates, 2011 – N/A

2010-11 Pell Grant recipients – 74%

Stillman College

Average debt of graduates, 2011 – $30 429

Proportion of graduates with debt, 2011 – 96%

Nonfederal debt, % of total debt of graduates, 2011 – N/A

2010-11 Pell Grant recipients – 79%

Tuskegee University

Average debt of graduates, 2011 – $28 575

Proportion of graduates with debt, 2011 – 91%

Nonfederal debt, % of total debt of graduates, 2011 – 29%

2010-11 Pell Grant recipients – 64%

Source: Project on Student Debt

HBCU Money™ Business Book Feature – Lasting Valor

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Lasting Valor tells of some of the most dramatic acts of courage attempted in the entire Mediterranean theater during WWII–acts that resulted in Baker’s being awarded the Purple Heart, a Bronze Star and Distinguished Service Cross. On April 15, 1945, as part of one of the last segregated outfits to go to war for the United States, Lieutenant Baker knew he and his men were being deserted when, during the battle for Castle Aghinolfo in Northern Italy, his white commander told him he was going for reinforcements. Caught three miles behind enemy lines, and with half their comrades in arms dead, they refused to turn and run. Although he was decorated for his efforts, the army quietly surpressed this action until 1997, when Baker was awarded the Medal of Freedom by President Bill Clinton.

Lasting Valor also reveals Baker’s early life. An orphan raised by grandparents in nearly all-white Cheyenne, Wyoming, he survived a rocky adolescence and went on to live in Father Flanagan’s Home, and then to fight to join a segregated army. His years in the army are recounted, and give us a rare glimpse into the life of a World War II black infantryman. It is a powerful book; as The Washington Post praised: “Whites should read this book to learn of Baker’s accomplishments against a background of severe prejudice. Blacks should read it for the heroism it reveals. Everybody should read it for the power of its narrative.”

HBCU Money’s 2013 African American Owned Bank Directory

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.

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There are 21 African American owned banks with assets totaling approximately $4.7 billion in assets or approximately 0.43 percent of African America’s $1.1 trillion in buying power.

In 1994, there were 54 African American owned banks according to the FDIC. Now, there are 21.

ALAMERICA BANK

Location: Birmingham, Alabama

Founded: January 28, 2000

FDIC Region: Atlanta

Assets: $35 404 000

BROADWAY FEDERAL BANK FSB

Location: Los Angeles, California

Founded: February 26, 1947

FDIC Region: San Francisco

Assets: $385 055 000

CAPITAL CITY BANK & TRUST COMPANY

Location: Atlanta, Georgia

Founded: October 3, 1994

FDIC Region: Atlanta

Assets: $294 572 000

CARVER STATE BANK

Location: Savannah, Georgia

Founded: January 1, 1927

FDIC Region: Atlanta

Assets: $41 573 000

CITIZENS TRUST BANK

Location: Atlanta, Georgia

Founded: June 18, 1921

FDIC Region: Atlanta

Assets: $392 286 000

CITY NB OF NEW JERSEY

Location: Newark, New Jersey

Founded: June 11, 1973

FDIC Region: New York

Assets: $340 301 000

COMMONWEALTH NATIONAL BANK

Location: Mobile, Alabama

Founded: February 19, 1976

FDIC Region: Atlanta

Assets: $63 244 000

COVENANT BANK

Location: Chicago, Illinois

Founded: June 20, 1977

FDIC Region: Chicago

Assets: $59 842 000

FIRST INDEPENDENCE BANK

Location: Detroit, Michigan

Founded: May 14, 1970

FDIC Region: Chicago

Assets: $215 924 000

FIRST STATE BANK

Location: Danville, Virginia

Founded: September 08, 1919

FDIC Region: Atlanta

Assets: $38 882 000

FIRST TUSKEGEE BANK

Location:Tuskegee, Alabama

Founded: October 11, 1991

FDIC Region: Atlanta

Assets: $63 127 000

HIGHLAND COMMUNITY BANK

Location: Chicago, Illinois

Founded: November 09, 1970

FDIC Region: Chicago

Assets: $84 948 000

ILLINOIS SERVICE FEDERAL SAVINGS & LOAN

Location: Chicago, Illinois

Founded: January 01, 1934

FDIC Region: Chicago

Assets: $140 148 000

INDUSTRIAL BANK

Location: Washington, DC

Founded: August 18, 1934

FDIC Region: New York

Assets: $342 524 000

LIBERTY BANK & TRUST COMPANY

Location: New Orleans, Louisiana

Founded: November 16, 1972

FDIC Region: Dallas

Assets: $545 019 000

MECHANICS & FARMERS BANK

Location: Durham, North Carolina

Founded: March 01, 1908

FDIC Region: Atlanta

Assets: $304 809 000

NORTH MILWAUKEE STATE BANK

Location: Milwaukee, Wisconsin

Founded: February 12, 1971

FDIC Region: Chicago

Assets: $91 490 000

ONEUNITED BANK

Location: Boston, Massachusetts

Founded: August 02, 1982

FDIC Region: New York

Assets: $590 624 000

SEAWAY BANK & TRUST COMPANY

Location: Chicago, Illinois

Founded: January 02, 1965

FDIC Region: Chicago

Assets: $573 168 000

UNITED BANK OF PHILADELPHIA

Location: Philadelphia, Pennsylvania

Founded: March 23, 1992

FDIC Region: New York

Assets: $67 930 000

UNITY NB OF HOUSTON

Location: Houston, Texas

Founded: August 01, 1985

FDIC Region: Dallas

Assets: $68 125 000

Source: FDIC