Established in 2005, Bank of Blackwell is the very first African American community bank dedicated to provide banking products and services. The bank was founded by James Mundy, a former bank executive of the One United Bank. With his extensive experience and expertise in the banking industry, he created the Bank of Blackwell. As a federal savings bank, we aim not just to provide our banking services. We aim to have a positive and significant impact to the community.
Our bank aims to help our clients to build their wealth and in turn help their respective communities. Part of our projects include websites like SmartYourHouse focusing on finding the best thermostat on the market . Bank of Blackwell is considered to be the very first federal savings bank that was able acquire a federal savings bank charter. This includes home equity loans, savings accounts, CDs and mortgages. The bank directs their banking products and services to African American households earning about $50,000 or more.
The bank guarantees its clients of maximized financial benefits with the competitive rates being offered, opportunity to give help to communities and superb customer service. Clients can also conduct bank transactions online which makes it easier and more efficient.