48-year old Kiko Davis is the majority stockholder of Detroit-based First Independence Bank, one of the top 10 largest Black-owned banks in the United States. This makes her the only Black woman in the country who owns a bank.
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Country’s Black-Owned Banks Are In A Fight For Their Survival
Now black-run banks are in a fight for survival, even though many advocates argue that many African-Americans remain starved for banking services.
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