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Membership Eligibility
Eligibility
To be eligible for membership a bank must share the common interests and concerns of the NBA and its members. Currently there are 50 member banks.
Ethnic composition of membership includes African-Americans, Native-Americans, Indian-Americans, East-Indians, Hispanic-Americans and Asian-Americans. Women-owned banks also are eligible to join the NBA.
Majority banks and members of their staff can join as "affiliate" members. We currently have 7 Affiliate members. There are also 16 individuals or "Associate" members of the NBA.
Accomplishments
The NBA and its Corporate Advisory Board (CAB) were cited by the President of the United States for their efforts to increase the number of Fortune 500 companies that do business with minority financial institutions and other minority businesses.
Currently over 200 of the Fortune 500 companies are doing business with NBA member banks. These relationships have generated over $430 million in lines of credit and $10.3 billion in non-credit services.
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