Greater Kinston Credit Union

Durham, Black Banking, Cicely Mitchell, Art of Cool
Leoneda Inge / WUNC

From Atlanta to Chicago, black-owned banks in big cities across the country have reported a rise in new accounts during the past month. One of the oldest black-owned banks in the country is based in Durham, where bank officials report a rise in new accounts and in a new movement to keep the momentum going.

Charles Sanders and Shawn Wilson
Leoneda Inge

There is a credit union in eastern North Carolina that has worked hard to help people who have historically been left out of traditional banking circles.

But during the economic downturn, the Greater Kinston Credit Union suffered just like many of its members.  Major loans weren’t re-paid and the state placed it under conservatorship.  Today, Greater Kinston has a new manager, is open for business and is making money again.