The NFL And Minority-owned Banks: A Good Match

The National Football League (NFL) recently announced its plans to secure a loan worth $78 million from 16 Minority Depository Institutions (MDIs), Community Development Financial Institutions (CDFIs), and banks focused on minorities and women. This move is a small step in line with the League’s ongoing efforts to enhance business opportunities with diverse enterprises. The NFL is borrowing from the following banks:

  • Adelphi Bank – Columbus, OH (MDI, Black or African American owned)
  • Agility Bank, N.A. – Houston, TX (MDI, Women-owned and led)
  • Asian Bank – Philadelphia, PA (MDI and CDFI, Asian or Pacific Islander American owned)
  • Central Bank of Kansas City – Kansas City, MO (CDFI)
  • Citizens Savings Bank and Trust Company – Nashville, TN (MDI and CDFI, Black or African American owned)
  • Citizens Trust Bank – Atlanta, GA (MDI and CDFI, Black or African American owned)
  • City First Bank, National Association – Washington D.C. (MDI and CDFI, Board is majority African American)
  • First Independence Bank – Detroit, MI (MDI and CDFI, Black or African American owned)
  • FWBank, an Illinois Banking Institution – Chicago, IL (Women-owned, women-led and women-focused)
  • Industrial Bank – Washington D.C. (MDI and CDFI, Black or African American owned)
  • Mechanics and Farmers Bank – Durham, NC (MDI and CDFI, Black or African American owned)
  • Optus Bank – Columbia, SC (MDI and CDFI, Black or African American owned)
  • Ponce Bank – The Bronx, NY (MDI and CDFI, Board majority is Hispanic American)
  • Southern Bancorp Bank – Arkadelphia, AR (CDFI)
  • Texas National Bank – Mercedes, TX (MDI and CDFI, Hispanic American owned)
  • Unity National Bank of Houston – Houston, TX (MDI, Black or African American owned)