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Freedom National Bank was an African-American owned bank in Harlem (New York City) founded in 1964 and shut down in 1990. Freedom National served Harlem's Black community and was one of the largest Black owned banks in the U.S. [1] [2] Its main office was at 275 West 125th Street.
24 wrz 2024 · Throughout its existence, Freedom National Bank brought services to Harlem and Bedford-Stuyvesant that had previously been denied to Black communities for decades. As Jackie Robinson often noted, “the ballot and the buck” were key to securing equality for Black America.
3 gru 1990 · And though most of Freedom's loans did go to minority entrepreneurs in New York, Federal regulators say that as a small community bank, it made an unusual number of loans outside its...
9 kwi 2024 · Later, in 1964, Robinson co-founded Freedom National Bank, a lending institution that could help Black borrowers who might otherwise be frozen out of the financial system obtain mortgages and loans.
20 lut 2019 · Robinson was also the first African American to establish a bank in Harlem, in 1964, when he and a group of investors founded Freedom National Bank with the aim of financing “ the economic...
12 lis 1990 · The failure of the Freedom National Bank of New York last week was more than just the demise of another shaky financial institution. It was also a symbolic blow to Harlem, where the bank...
8 lut 2023 · In December 2022, the site once home to Freedom National Bank in New York’s Harlem neighborhood displayed vacant storefronts without any apparent reference to the institution that...