What Black Bank Assets Tell us About Economic Inequality

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According to FDIC Quarterly vol. 14 no. 3 there are 4,430 commercial banks and 636 savings institutions in the U.S. with a total of $21.1 trillion in assets. Although Black Americans make up 14% of the US population less than 0.03% of these total assets ($6.1B) are held in Black Banks.

Source: FDIC Quarterly Banking Profile

We source our “Data-Explorer” content from The US Census Bureau, Federal Reserve, Department of Labor Statistics, and other sources.
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CJsGo | US Banks hold a total of $21.1 trillion. Although Black Americans make up 14% of the population less than 0.03% of these assets ($6.1B) are held in Black Banks. This page is licensed under a Creative Commons Attribution 4.0 International License.

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