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Image: Shutterstock

Image: Shutterstock

Singer and activist Solange Knowles made her recent decision to bank Black known to the public. Some Black-owned banks, like the Atlanta-based Citizens Trust Bank, for example, have seen a surge in new depositors in the aftermath of the shooting deaths of Alton Sterling and Philando Castile by police in Baton Rouge, Louisiana and Falcon Heights, Minnesota. It’s not a new call to action, but both the singer’s decision along with rapper Killer Mike’s BET and MTV News town hall plea for one million African Americans to deposit at least $100 in Black-owned banks in order to harness our economic power, combat institutional inequality and systemic racism, are gaining attention.

According to the Federal Reserve, there are 23 Black-owned banks, savings and loan associations and credit unions throughout the U.S. If you are looking to open an account, here is a partial list of those Black-owned banking institutions. For more information and a full list of currently operating minority-owned banks, visit the Federal Reserve.

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