I’m already over the whole idea of black-owned banks, which duplicate the stratified structure of for-profit banks at the level of ethnic nationalism. Barely interested.

Let’s talk about black-owned credit unions. At least try to make banking more democratic if you want to improve the flow of money within predominantly-black communities.

Here are some examples:

• Omega Psi Phi Fraternity Federal Credit Union – Lawrenceville, Georgia
• Phi Beta Sigma Federal Credit Union – Washington, DC
• FAMU Federal Credit Union – Tallahassee, Florida
• Credit Union of Atlanta – Atlanta, Georgia
• Toledo Urban Credit Union – Toledo, Ohio
• Hill District Credit Union – Pittsburgh, Pennsylvania
• Urban Upbound Federal Credit Union – New York City
• St. Louis Community Credit Union – St. Louis, MO

The blog HBCUMoney.com also tracks the state of HBCU credit unions, which are used mostly by employees of HBCUs. https://hbcumoney.com/tag/african-american-credit-unions/