xecon.dev / 312 · Chicago / Xcelerators / Jesse Binga

Xcelerator · Person

Jesse Binga

Founder, Binga State Bank

Banking & Economic Development

Signal

Region
Chicago
Industry
Banking & Economic Development
Source file
profiles/chicago_profiles.md:253
Status
published

Economic impact

Established the first Black-owned bank in Chicago in 1908, financing mortgages for African American families during the Great Migration when white banks refused credit to Black residents.

Sources

  1. Wikipedia
  2. Chicago History Museum
Last updated: 5/27/2026 by xecon desk corrections@xecon.dev