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Number Of Black Banks Dwindles, National Bankers Association Looks To Reverse This Alarming Trend

3,420 views · Published 5 October 2017 · 9:48 · Indexed 30 October 2026

Channel: Roland S. Martin · 2017 · News & Politics

The number of Black banks has dwindled from 44 to in 1986 to 41 just prior to the 2008 recession, now there are only 23 in America. Some African Americans do not seem to understand the value and importance of these financial institutions that are engines to economic mobilization in our communities.

The National Bankers Association has worked hard to be a voice for Black-owned banks and during their 90th annual conference they will focus on helping to build a legacy of wealth in minority communities.
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Number Of Black Banks Dwindles, National Bankers Association Looks To Reverse This Alarming Trend

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