Are there any black-owned banks in Alabama?

Written by Admin | Last Updated: July 2026

Yes, Atlanta has a historic and continuing presence of Black-owned banking [1.8.1]. Citizens Trust Bank, one of the largest Black-owned financial institutions in the United States, was founded in Atlanta in 1921 on Auburn Avenue and continues to operate as a prominent certified Community Development Bank [1.8.1, 1.9.1].

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