Black banks

Black banks have a long history in the United States — but also a history of challenges. The first Black bank, Freedman’s Savings Bank, was founded by an act of Congress and signed into existence by Abraham Lincoln in 1865 to hold deposits of people who were newly emancipated from slavery.

Black Americans cannot allow others to label us. Ours is a rich history of resistance and perseverance. History teaches us when we had nothing we created something out of nothing to uplift and support each other.