Why #BlackBanksMatter, Now More Than Ever On Monday, Nov. 11, it was announced that a Black Bank Fund would invest $250 million into Black-owned banks across the country. This was a huge move, considering that there are only 18 Black-owned banks left in the U.S. Historically, Black banks have been pillars in their communities providing job opportunities, supporting businesses, and helping to establish community pride, noted Black Enterprise. Yet, over time, they have faced ha