The Illinois Service Federal Savings and Loan Association (ISF Bank) – one of America’s leading black-owned lending institutions – is rebranding as GN Bank to align with its international banking operations. GN Bank internationally has over 330 branches.
“We want something different to come out of the South Side of Chicago,” says Dr Papa Kwesi Nduom, president of Groupe Nduom and chairman of ISF Bank. “We’re linking the South Side to the world through this traditional, black-owned bank.”
At a time when available lending capital is decreasing for black-owned businesses, GN Bank will become one of the few remaining African American-owned banks operating in the United States.
