Black-Owned Texas Bank Is Expanding With A New Branch In Atlanta

From Texas Standard.

Depending on your sense of community, and how intentional you want to be regarding whom you do business with, the ownership of your bank is not just a remote, esoteric question.

According to a Houston Chronicle report, there’s just one African-American-owned bank in Texas – Unity National Bank. Many of the people who do business there do so purposefully. The bank is based in Houston, but it’s grown in recent years and now it’s opened its first out-of-state branch in Atlanta.

Unity National Bank was founded in 1963 as Riverside National Bank, says Ileana Najarro, a business reporter for the Houston Chronicle.

“A lot of existing white-owned institutions weren’t financing small business owners with an African-American background,” she says. “So these…

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