Mid-Year 2022 Minority Bank and Thrift Review

WASHINGTON - July 4, 2022 - PRLog -- umber of minority banks in the US held steady at between 168 and 174 in the second quarter of 2022.

Asian owned banks, concentrated in California, hold 51% of assets, with 77 institutions., Hispanic banks, concentrated in Florida and Texas, number 33 institutions and hold 42% of assets, followed by Women-owned banks (17 institutions with 3% of assets), Black Banks (19 institutions and 2% of assets), Native American Banks (20 institutions and 2% of assets) and Multi-ethnic Banks (2 institutions and 0.42% of assets)

Asian assets total $172 billion. Hispanic institutions hold $141 billion. Women-owned bank assets total $9.7 billion. Black bank assets are $7 billion. Native American institutions hold $7.6 billion and Multi-ethnic banks have $480 million in assets.

These factors point to a set of policies designed to assist the growth and utilization of these institutions. Our report describes and details these factors.

Mid-Year 2022 Minority Bank and Thrift Review
CONTENTS

Summary
Geographic Concentration
Asian Banks
Hispanic Banks
Black Banks
Conclusion
Endnotes

See: "Black Banks Largely Trail Asian and Hispanic Banks In Number And Assets — Hurting Their Ability To Boost Black Wealth" at https://www.blackenterprise.com/black-banks-largely-trail...

Download summary report at https://drive.google.com/file/d/1lgemlAcjif9rGYGb2tcWpR8L...

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