About this Book

Written as a historical reference on Black community banks, and serves as a guide to help Americans think differently about their relationships with banks. The book focuses on the stories of Black banks in five cities: Richmond, Va.; Boley, Okla.; Chicago, Ill.; Memphis, Tenn; and Detroit, Mich. These cities were shining examples of Black wealth and success, and the book explores factors that contributed to the demise of Black banks at the peak of their success. The author also provides historical context and analysis about why the dismantling of Black banks has played a central role in the hurdles many Black, Indigenous and People of Color (BIPOC) face today regarding financial security and amassing generational wealth.