fibdetroitmi1012Reacting to the most recent wave of shootings of Black men by police officers, thousands of African American consumers across America are directing their dollars by opening checking and savings accounts in Black-owned banks.

A grassroots effort being called a “Spend Movement” found the nation’s Black banks receiving calls and on-line requests to open accounts.

According to National Bankers Association President Michael Grant, “This is a movement that began over 100 years ago but had become dormant as a consequence of racial integration.  Thousands have been mobilized to protest with their spending power.  Many African-American consumers are linking the shootings with a sense of powerlessness, feeling undervalued and disrespected.”

Many African-American bankers are hearing that Black lives do not seem to matter because less value is placed on the lives of Black people as a group in America.

Since Friday, July 8, literally thousands of checking and savings accounts have been opened at Black-owned banks.

“The Black lives matter movement is a complement to an emerging economic empowerment movement that is engulfing Black communities all over America,” stated Preston Pinkett, NBA Chairman and CEO of City National Bank, headquartered in Newark, N.J.

Hoping to manage the expectations of its expanding customer base, Black bankers are encouraging some of their prospective customers who have lost their check-writing privileges to work with bank employees to correct the situation. But the banks are also cautioning customers not to become frustrated if the bank is unable to immediately extend check- writing privileges because of past mistakes by customers.

Grant also cautioned Black consumers to be mindful of the voluminous requests that the banks are receiving on-line, in person and by telephone.  He stated: “This is a very positive development for Black banks.  They have always provided a disproportionate share of the small business loans and consumer loans to African-Americans.  Ironically, it seems that we have gone full circle back to where we were before desegregation.  The Black community is turning inward and seeking to provide security for itself.  And few would argue against the notion that nearly every major social issue plaguing Black people in America can find its roots in economic deprivation.

The National Bankers Association, founded in 1927, is a consortium of African-American, Hispanic, Asian, Native American and women-owned banks.  The organization is headquartered in Washington, D.C.

The following is a listing of all NBA banks:

ALABAMA

Commonwealth National Bank

  1. O. Box 2326

Mobile, AL 36652

(251) 476-5938, X105

(251) 476-9488 Fax

REGION I – African-American

 

Neill W. Wright

President

Liberty Bank and Trust

660 Adams Avenue

Montgomery, AL 36104

(334) 262- 0800

(334) 262- 0838 Fax

nwright@libertybank.net

REGION I – African-American

 

CALIFORNIA

William Lu

President & CEO

Saigon National Bank

15606 Brookhurst Street

Westminster, CA 92262

(714) 338-8700

(714) 338-8730 Fax

blu@SaigonNational.com

REGION V-Asian-Vietnamese

 

Kevin Cohee

President / CEO

OneUnited Bank

3863 Crenshaw Blvd.

Los Angeles, CA 90016

kcohee@oneunited.com

REGION V – African-American

 

Robert Lussier

President & CEO

Trans Pacific National Bank

55 Second Street, Suite 100

San Francisco, CA 94105

(415) 543-1052

(415) 543-3377 Fax

rlussier@tpnb.com

REGION V – WOB

 

DISTRICT OF COLUMBIA

  1. Doyle Mitchell, Jr.

President & CEO

Industrial Bank

4812 Georgia Avenue, NW

Washington, DC 20011

(202) 722-2014

(202) 722-2040 Fax

dmitchell@industrial-bank.com

REGION II – African-American

 

FLORIDA

Kevin Cohee

President / CEO

OneUnited Bank

3275 NW 79th St.

Miami, FL 33147

kcohee@oneunited.com

REGION I – African-American

 

GEORGIA

Cynthia Day

President & CEO

Citizens Trust Bank

75 Piedmont Avenue

Atlanta, GA 30303

(404) 575-8300

(404) 575-8311 Fax

Cynthia.Day@CTBATL.com

REGION I – African-American

 

Robert E. James

President

Carver State Bank

  1. O. Box 2769

Savannah, GA 31402

(912) 233-9971

(912) 232-8666 Fax

RJames@carverstatebank.com

REGION I – African-American

 

KANSAS

Sachitra Padamabhan

Chairman & President

CBW Bank

  1. O. Box 287

Weir, KS 66781

(620) 396-8221

(620) 396-8402 FAX

suchitra@cbwbank.com

 

REGION III-Asian

Alden J. McDonald

President & CEO

Liberty Bank & Trust

1314 N. 5th

Kansas City, KS 66101

913-321-7200

ajmcdonald@libertybank.net

REGION III – African-American

 

KENTUCKY

Pedro A. Bryant

Chairman, President & CEO

Metro Bank

900 S. 12th St.

Louisville, KY 40210

(502) 775-4553

(502) 775-5323 FAX

pedrob@metrobankky.com

REGION III – African-American

 

ILLINOIS

Alden J. McDonald, Jr.

President

Liberty Bank & Trust Co.

1111 S. Homan Avenue

Chicago, IL 60624

(773) 533-6900, X239

(773) 533-8512 Fax

ajmcdonald@libertybank.net

REGION III – African-American

 

Seaway Bank & Trust Company

645 East 87th Street

Chicago, IL 60619

(773) 487-4800

(773) 487-0452 Fax

execdesk@seawaybank.us

REGION III – African-American

 

Frank Wang

President

International Bank of Chicago

1860 North Mannheim Road

Stone Park, IL 60165

(708) 410-2899

(708) 410-2696 Fax

Robert.Klamp@INBK.com

REGION III – Asian

 

LOUISIANA

Alden J. McDonald, Jr.

President & CEO

Liberty Bank & Trust Company

  1. O. Box 60131

New Orleans, LA 70160

(504) 240-5161

(504) 240-5166 Fax

ajmcdonald@libertybank.net

REGION I – African-American

 

MARYLAND

Joseph Haskins

Chairman & CEO

The Harbor Bank of Maryland

25 West Fayette Street

Baltimore, MD 21202

(410) 528-1882

(410) 951-1858 Fax

jhaskins@theharborbank.com

REGION II – African-American

 

MASSACHUSETTS

Kevin Cohee

Chairman & CEO

OneUnited Bank

100 Franklin Street, Suite 600

Boston, MA 02110

(617) 457-4400

(617) 457-4435 Fax

kcohee@oneunited.com

REGION II – African-American

 

MICHIGAN

Barry Clay

President & CEO

First Independence Bank

44 Michigan Avenue

Detroit, MI 48226

(313) 256-8466

(313) 256-8811 Fax

bclay@firstindependence.com

REGION III – African-American

 

Alden J. McDonald

President & CEO

Liberty Bank & Trust

9108 Woodward Ave.

Detroit, MI 48202

313-873-3310

ajmcdonald@libertybank.net

REGION III – African-American

 

MISSISSIPPI

Alden J. McDonald

President & CEO

Liberty Bank & Trust

2325 Livingston Rd.

Jackson, MS 39201

(601) 987-6730

ajmcdonald@libertybank.net

REGION I – African-American

 

MISSOURI

Alden J. McDonald

President & CEO

Liberty Bank & Trust

1670 E. 63rd St.

Kansas City, MO 64110

(816) 822-8560

ajmcdonald@libertybank.net

REGION I – African-American

 

NEW JERSEY

Preston Pinkett III

President & CEO

City National Bank of New Jersey

900 Broad Street

Newark, NJ 07102

(973) 624-0865

(973) 624-1879 Fax

ppinkett@citynatbank.com

REGION II – African-American

 

NEW YORK

Preston Pinkett III

President & CEO

City National Bank of New Jersey

382 W. 125th St.

New York, NY 10027

(212) 865-4763

ppinkett@citynatbank.com

REGION II – African-American

 

NORTH CAROLINA

James H. Sills III President & CEO

Mechanics & Farmers Bank

  1. O. Box 1932

Durham, N. C. 27702

(919) 687-7800,X-816

(910) 687-7821 FAX

Jim.Sills@mfbonline.com

REGION I – African-American

 

OKLAHOMA

Steve Riff

President & CEO

First State Bank of Porter

  1. O. Box 250

Locust Grove, OK 74352

(918) 479-5001

(918) 483-3362 Fax

steveriff@valornet.com

REGION I – Native American

 

PENNSYLVANIA

Evelyn F. Smalls

President & CEO

United Bank of Philadelphia

30 S. 15th Street, 12th Floor

Philadelphia, PA 19102

(215) 351-4600 X105

(215) 231-3673 Fax

esmalls@unitedbankofphiladelphia.com

REGION II – African-American

 

SOUTH CAROLINA

John Kreighbaum

President and CEO

South Carolina Community Bank

  1. O. Box 425

1545 Sumter Street

Columbia, S.C. 29202

(803) 733-8100, X1104

(803) 254-0150 Fax

REGION I – African-American

 

TENNESSEE

Deborah A. Cole

President & CEO

Citizens Bank

1917 Heiman Street

Nashville, TN 37208

(615) 327-9787

(615) 329-4843 Fax

dcole@bankcbn.com

REGION I – African-American

 

Jesse Turner, Jr.

President & CEO

Tri-State Bank of Memphis

180 S. Main

  1. O. Box 2007

Memphis, TN 38101

(901) 525-0384

(901) 526-8608 Fax

lshaw@tristatebank.com

REGION I – African-American

 

TEXAS

Ignacio Urrabazo, Jr.

President

Commerce Bank

5800 San Dario Street

Laredo, TX 78041

(956) 724-2424

(956) 728-8247

iurrabazo@ibc.com

REGION IV – Hispanic

 

John Scroggins

President & CEO

Unity National Bank

2602 Blodgett Street

Houston, TX 77004

(713) 387-7401

(713) 387-5040 Fax

jscroggins@unitybanktexas.com

REGION IV – African-American

 

Nativido Lozano III

Vice President

International Bank of Commerce

  1. O. Drawer 1359

1200 San Bernardo Avenue

Laredo, TX 78040

(956) 722-7611

(956) 726-6692 Fax

nlozano@ibc.com

REGION IV – Hispanic

 

Lee Reed

Sr. Vice President

International Bank of Commerce

1600 Ruben Torres Blvd.

Brownsville, TX 78526

(956) 547-1019

(956) 547-1029 Fax

lreed@ibc.com

REGION IV – Hispanic

 

VIRGINIA

Kelvin G. Perry

President

First State Bank

PO Box 6400,201 N. Union Street

Danville, VA 24541

(434) 792-0198

(434) 792-4978 Fax

Kperry@efirststatebank.com

REGION II – African-American

 

WISCONSIN

Seaway Bank & Trust Company

645 East 87th Street

Chicago, IL 60619

(773) 487-4800

(773) 487-0452 Fax

execdesk@seawaybank.us

REGION III – African-American

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