The National Bankers Association was founded in 1927. Today, it is the most recognized trade association for the nation's 177 minority and women-owned banks (MWOBs). Our members include banks owned by African-Americans, Native-Americans, American-Indians, East-Indians, Hispanic-Americans, Asian-Americans and Women.
September 15, 1927, as the Negro Bankers Association, this name was changed to the National Bankers Association in 1948 and incorporated as a 501(c)6 trade association on April 18, 1972 in the District of Columbia.
Major Richard R. Wright was a co-founder and first President of the NBA. Mr. Wright was also President of Citizens and Southern Bank in Philadelphia, Pennsylvania. The other co-founder, C.C. Spaulding, was the Cashier at Mechanics and Farmers Bank in Durham, North Carolina.
To serve as an advocate for the nation's minority and women owned banks on legislative and regulatory matters concerning and affecting our members and the communities they serve;
To maintain an information flow to our member banks relating to the sound and profitable operation of their banks;
To provide a forum for personal interaction between banks with similar problems and marketing opportunities; and
To provide quality service at lower costs to our member banks.
To be eligible for membership, a bank must share the common interests and concerns of the NBA and its members. Currently there are 35 member banks. Dues are based on total assets as of the end of the second quarter. Majority banks can join as “affiliate” members or as members of the Corporate Roundtable and Advisory Group.