Although the number of Black-owned banks has diminished over the years, the ones that Liberty Bank was originally chartered in New Orleans in LIBERTY BANK. New Orleans, Louisiana. LIBERTY BANK. Baton Rouge, Louisiana. SOUTHERN TEACHERS & PARENTS CU. Baton Rouge, Louisiana. OneUnited Bank is the first Black internet bank and the largest Black owned bank in the country, We are proud to be the premier bank for the new America. It's just been stripped from us. Prior to the chartering of the first Black-owned bank inCongress and President Lincoln established the Freedman's Savings Bank in President Bill Clinton introduced legislation with the aim of promoting "community empowerment" via banking. The True Reformers Bank came about when Browne and his organization faced financial hardships while trying to establish a new branch in Virginia. Consider redlining. When black owned bank in new orleans look at our poverty rates, our lack of ownership, lack of home ownership, that all goes back to economic empowerment," Ross explains. Outside of providing financial services, a number of banks have also launched programs on financial literacy for low- and moderate-income communities.