by Jeanne Lee, NerdWallet | USA Today
In recent years, black-run banks have struggled financially. They took a bigger hit from the housing crisis than the banking industry at large, as communities they served suffered higher-than-average job losses and home foreclosure rates.
In 2007, prior to the recession, there were 41 banks with majority African-American ownership. There were 44 in 1986, the year Congress passed a law designating February as National Black History Month. Today, the number of black-owned banks has fallen to just 23 institutions."
A List of Black Owned Banks on Facebook
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