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Association Profile
The National Bankers Association was founded in 1927 as the trade association for the nation's 103 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.
MWOB's are located in 29 states and 2 territories spanning 60 cities and the District of Columbia. Our employees number over 15,000. In the aggregate, MWOBs have assets in excess of 31 billion dollars and service over 3 million depositors. Collectively the individuals who serve on the boards of directors of our member banks represent 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 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 not determined by neither race or sex
- Maintain a positive approach to lending
| 1999 B. Doyle Mitchell Award Winner | |||
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This Award is given to an individual who has contributed long outstanding service in the spirit of B. Doyle Mitchell, Sr.
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Norma Hart, Alden McDonald, President & CEO Liberty Bank and Trust, Deborah A. Cole, President & CEO Citizens Bank of Nashville. Mr. McDonald is being presented with the B. Doyle Mitchell Award at the 1999 Atlanta Convention.
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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.
Organizers
Major Richard R. Wright, Co-founder and first President of the NBA, as well as Citizens and Southern Bank in Philadelphia, Pennsylvania.
Purpose
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
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 50 member banks. Dues are based on total assets as of the end of the second quarter. Majority banks and members of their staff can join as "affiliate" members.
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