GN Bank
Chicago’s Last Black-Owned Bank Reopens Its Chatham Branch After 2-Year Closure: ‘We Are Here To Stay’
GN bank closed its Chatham branch in 2020 because of closed accounts and a decline in transactions, company leaders said. It is open for limited services.
Chicago’s Last Black-Owned Bank Got Millions in Government Deposits — Then Had to Give Them Back
As Black-owned banks disappear, politicians are under increasing pressure to save them. Big deposits are a ready solution, but sometimes they burden the banks more than they help.
What’s Gone Wrong At Chicago’s Last Black-Owned Bank?
Despite government intervention and new owners, GN Bank fights for survival while customers worry about losing their homes.
