Broadway Federal Bank FSB, Los Angeles
Broadway Federal Savings and Loan Association was founded in 1946 by a group of civic-minded men and women who wanted to serve Black consumers who were ignored by all of the existing financial institutions or forced into high-interest loans. Broadway continues to fulfill the mission of providing conventional loans and training for minorities who want to enter the industry. Assets: $385,055,000.
4 thoughts on “10 of the Oldest Black-Owned Banks That Continue to Serve Their Communities”
We could create a national bank from the trillion dollars we're spending every year, outside our community. Black Unity is the solution, 3ufirst.com is the plan.
I grew up in LA and I've never head of broadway fed bank, incredible I wish I would have known I surely would've supported it.
I live in NYC can I open a savings account and if so how much do I need to start with.
Do you have online banking?