Financial Literacy

Support Minority and Women-Owned Banks

The National Bankers Association was founded in 1927, as the Negro Bankers Association, this name was changed to the National Bankers Association in 1948 and incorporated as a 501(c)6 trade association on April 18, 1972 in the District of Columbia. Today, it is the most recognized trade association for the nation’s 177 minority and women-owned banks (MWOBs). Our members include banks owned by African-Americans, Native-Americans, American-Indians, East-Indians, Hispanic-Americans, Asian-Americans and Women.

Approximately 22% of MWOB’s are NBA members. They are located in 29 states and 2 territories spanning 60 cities and the District of Columbia and employ over 15,000 people.

MWOBs, with few exceptions, serve distressed communities plagued by many social and economic problems. Our institutions are deeply committed to providing employment opportunities, entrepreneurial capital and economic revitalization in neighborhoods which often have little or no access to alternative financial services.

Unique Features of MWOBs:

  • Located primarily in urban centers
  • Provide the primary source of job creation and entrepreneurial capital for small businesses in minority communities
  • Believe that risk is determined by neither race nor sex
  • Maintain a positive approach to lending

Purpose

  • To serve as an advocate for the nation’s minority and women owned banks on legislative and regulatory matters concerning and affecting our members and the communities they serve.
  • To maintain an information flow to our member banks relating to the sound and profitable operation of their banks.
  • To provide a forum for personal interaction between banks with similar problems and marketing opportunities.
  • To provide quality service at lower costs to our member banks.

National Bankers Association
1513 P Street, NW
Washington, D. C. 20005
(202)588-5432
http://nationalbankers.org

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