# Jesse Binga

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.

- Region: 312
- Affiliation: Founder, Binga State Bank
- Industry: Banking & Economic Development
- URL: https://xecon.dev/312/profiles/people/jesse-binga
- Updated: 2026-05-27

## Sources

1. [Wikipedia](https://en.wikipedia.org/wiki/Jesse_Binga)
2. [Chicago History Museum](https://www.chicagohistory.org/)