What is the oldest black-owned bank?
Citizens Savings Bank and Trust Company, established in 1904 in Nashville, Tennessee, stands as the oldest Black-owned bank in continuous operation. Created to address the systemic lack of banking access for minority communities, the institution pioneered financial inclusion by offering savings accounts, loans, and financial literacy resources. Throughout its long operational history, it has weathered numerous economic challenges while maintaining its core commitment to uplifting underserved neighborhoods, fostering entrepreneurship, and expanding economic opportunities for minority families.
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