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.

Approximately 22% of MWOB's are NBA members. They are located in 29 states and 2 territories spanning 60 cities and the District of Columbia. They employ over 15,000. In the aggregate, MWOBs have assets in excess of 181 billion dollars and service over 3 million depositors. Collectively, the individuals who serve on the boards of directors of our member banks represent some of the most influential leaders in minority communities and urban centers across the country. Since 1980, the NBA has formed a successful partnership with Treasury representatives of several Fortune 500 corporations.

MWOBs, with few exceptions, serve distressed communities plagued by many social and economic problems. Our institutions are deeply committed to providing employment opportunities, entrepreneurial capital and economic revitalization in neighborhoods which often have little or no access to alternative financial services.

Unique Features of MWOBs:

  • Located primarily in urban centers
  • Provide the primary source of job creation and entrepreneurial capital for small businesses in minority communities
  • Believe that risk is determined by neither race nor sex
  • Maintain a positive approach to lending

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.