Black owned bank and credit unions

[Black_conserv]

Does anyone here bank black? Is so which ones and how do you rate them.
and if anyone is in Chicago which black owned credit union do you use

 

[VulcanRaven]

I think SECU and MECU are black owned here in Maryland, but I am not a member. Post some links to some banks that you know of.

 

[Black_conserv]

https://www.nerdwallet.com/blog/banking/black-owned-banks-fight-to-bounce-back/

I’ve been going off this list.

was hoping to get some first hand accounts here tho

 

[Stryder]

City National Bank got shut down

FDIC Informationfor City National Bank of New Jersey, Newark, NJ

On Friday, November 1, 2019, City National Bank of New Jersey, Newark, NJ was closed by the Office of the Comptroller of the Currency. Subsequently, the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed. All deposit accounts, including brokered deposits, have been transferred to Industrial Bank. For more information on Industrial Bank, visit us at www.industrial-bank.com. The FDIC has assembled useful information regarding your relationship with City National Bank of New Jersey. Besides a checking account, you may have Certificates of Deposit, a business checking account, a Social Security direct deposit, and other relationships with the institution. Please select the link below to read more about this event: FDIC Bank Closing Information for City National Bank of New Jersey