What is the oldest black-owned bank in America?
Citizens Savings Bank and Trust Company holds the historic distinction of being the oldest Black-owned bank in America still in continuous operation, having opened its doors in Nashville, Tennessee, in 1904. Founded during a critical period when minority communities were largely excluded from mainstream financial institutions, the bank provided a safe haven for local deposits and a reliable source of credit for African American entrepreneurs, home buyers, and workers. Its enduring presence underscores a rich heritage of financial resilience, community support, and self-determination, serving as an enduring pillar of economic stability and growth across generations.
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