Last Black-Owned Bank in Chicago Gets $20 Million Deposit From the City
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Illinois Service Federal Savings & Loan Association (IsfBank) is the last Black-owned bank in Chicago, and the city wants it to stay afloat. That's why the city of Chicago has just deposited $20 million into the bank to ensure the bank will be around to continue to support underserved communities.
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| Staff and customers at the Illinois Service Federal Savings & Loan Association in Chicago |
Illinois Service Federal Savings & Loan Association (IsfBank) is the last Black-owned bank in Chicago, and the city wants it to stay afloat. That's why the city of Chicago has just deposited $20 million into the bank to ensure the bank will be around to continue to support underserved communities.
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