Black Wall street was bombed out of existence by racism in Tulsa Oklahoma during the Race Massacre of May 31 – June 1, 1921 . Now in 2020 almost a hundred years later there are only 38 Black owned banks in America. The rebuilding of the black economy is almost nonexistent. These banks have assets totaling approximately $4.7 billion or approximately 0.43 percent of Black America’s $1.1 trillion in buying power. It is time to restore the economical freedom of all Black Americans.
Black Wall USA is looking to partner with other like minded organizations to fund our much need black economic development movement. The wall of economics for the black community has been built then torn down and rebuilt and then torn down again. We are building a wall that will structurally withstand the devastation of injustice and racism.
We are calling upon all federal, state, local, and private industries to move %50 percent of their cash to black owned banks. The monies and percentage will be based upon region, number of banks and capacity.
We are calling for blacks to move at least 2% of their money into Black owned banks listed below:.
- Omega Psi Phi Credit Union – Lawrenceville, Georgia
- Phi Beta Sigma Federal Credit Union – Washington, DC
- One United Bank – Los Angeles, California
- FAMU Federal Credit Union – Tallahassee, Florida
- Credit Union of Atlanta – Atlanta, Georgia
- North Milwaukee State Bank – Milwaukee, Wisconsin
- Seaway Bank – Chicago, Illinois
- The Harbor Bank- Baltimore, Maryland
- Liberty Bank – New Orleans, Louisiana
- United Bank of Philidelphia – Philidelphia, Penn
- Alamerica Bank – Birmingham, Alabama
- Broadway Federal Bank – Los Angeles, California
- Carver State Bank – Savannah, Georgia
- Capital City Bank – Atlanta, Georgia
- Citizens Trust Bank – Atlanta, Georgia
- City National Bank – Newark, New Jersey
- Commonwealth National Bank – Mobile, Alabama
- Industrial Bank – Washington D.C.
- First Tuskegee Bank – Tuskegee, Alabama
- Mechanics & Farmers Bank – Durham, North Carolina
- First Independence Bank – Detroit, Michigan
- First State Bank – Danville, Virginia
- Illinois Service Federal – Chicago, Illinois
- Unity National Bank – Houston, Texas
- Carver Federal Savings Bank – New York, New York
- OneUnited Bank – Miami, Florida
- OneUnited Bank – Boston, Massachusetts
- Tri-State Bank – Memphis, Tennesse
- Citizens Bank – Nashville, Tennessee
- South Carolina Community Bank – Columbia, South Carolina
- Columbia Savings and Loan – Milwaukee, Wisconsin
- Liberty Bank – Baton Rouge, Louisiana
- Liberty Bank – Kansas City, Missouri
- Citizen Trust Bank – Birmingham, Alabama
- Liberty Bank – Chicago, Illinois
- Liberty Bank – Jackson, Mississippi
- Toledo Urban Credit Union – Toledo, Ohio
- Hill District Credit Union – Pittsburgh, Pennsylvania