Did you know we have over 21 Black-owned banks in the U.S? In 2013, HBCU Money published a list of Black-owned banks and credit unions. In light of our country’s recent tragedies, here’s what they found and what you should learn. Let’s wake up and realize where we should really be putting our hard working dollars.
If there aren’t any Black-owned banks near you, you can support Black-owned businesses both online and in person. Black Exchange (formerly Afro-Arts) has hipped me to so many Black-owned businesses. It was through them that I found Philadelphia Printworks which makes a dope James Baldwin sweatshirt that I practically live in. I also found Belle Butters through them and it has my natural hair flourishing.
If you’re on the go and want to see what Black-owned businesses are near you, download WhereU. The app is a directory of local Black-Owned Businesses and has information for the United States, the UK, France, and Canada! It’s user-based so you can add any Black-owned businesses you haven’t seen on the app!