The nearly 600,000 strong black population in Indiana state sadly have only one black owned banking choice, a single credit union! However this needs supporting and growing. Pushing help into black banks will encourage more and strengthen the community!
Many black banks and credit unions were formed to serve the interest of a disenfranchised black community that were not allowed to bank with mainstream white banks, also they have a strong track record of reinvesting into the local community and loaning to small black business.
Below are details for the black owned banks and credit unions in Indiana.
Mt Zion Church Credit Union, Indianapolis: mzbchurch.org/credit_union
Mount Zion (Indpls) Federal Credit Union, a non-profit financial institution providing excellent services designed to meet your financial needs. Owned and operated by , at Mount Zion FCU you can save and borrow both economically
3549 North Boulevard Place
Indianapolis, IN 46208
Telephone: (317) 923-4010
Ida Lange, Manager
Hours
Tuesday & Wednesday 10:00 AM – 2:00 PM
Friday 12 Noon – 6:00 PM
Saturday 9:00 AM – 1:00 PM
There are currently no black owned banks based in Indiana that we know of, but you can bank online with ONEUNITED BANK.
You may also find a black owned bank or credit union in the surrounding states of Illinois, Wisconsin, Michigan, Ohio and Kentucky.
Do you know of any other black owned banks or credit unions in this state? Are the branches we listed still open? If you have any info please email us family[AT]urbanintellectuals.com.
If you are looking for banks in nearby states of other states see our list black owned banks in all states.
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