The Institute of Trauma and Economic Justice (ITEJ) believes financial literacy is a critical need that starts at home.
Financial and digital literacy are essential skills that go hand in hand for families to keep what they have, and continue to grow a brighter future, particularly in communities that have been afflicted by generational trauma.
Financial literacy and wellness is a big part of our movement, click 7 Literacy Jewels campaign, to show your support. To know more about our mission and plans click Inform, Bring Together, and Uplift.
supports community.In 1972, Liberty Bank and Trust Company was chartered in New Orleans, Louisiana, with a focus on service, integrity and a sincere interest in community and business development. Nearly five decades later, Liberty Bank and Trust has over $1 billion in assets and branches in 11 states making it one of the largest African American owned financial institutions in the United States.
Liberty Bank established its Baton Rouge presence in 1994 and opened a third branch in 2004. Liberty then moved into Mississippi in 2003, acquiring First American Bank in Jackson. This was followed by expansion into the Greater Kansas City market with the acquisition of Douglass bank in Kansas City, Kansas, and Kansas City, Missouri, in 2008.
Liberty Bank and Trust Company expanded across Greater New Orleans with the 2009 acquisition of United Bank and Trust Company, securing four additional locations to serve that market. That was followed by the acquisition of Home Federal Savings in Detroit, Michigan, which increased the bank's reach to six states. In 2013, Liberty Bank entered the Chicago market with the acquisition of Covenant Bank of Illinois, and in 2015, the bank expanded to Montgomery and Tuskegee, Alabama through the purchase of First Tuskegee Bank. In 2020 Liberty Bank and Trust expanded into Louisville, KY through the acquisition of Metro Bank, and in 2021 entered the Memphis, TN market by acquiring Tri-State Bank of Memphis making Liberty Bank one of the largest black-owned banks in the U.S.
Liberty Bank's growth has been the result of acquisitions, fruitful partnerships, aggressive marketing, strong management, staff productivity and the trust it enjoys in the community. It all adds up to an efficient, well-capitalized institution that is perfectly positioned to continue fast-paced growths in both profits and assets.
At Liberty Bank, we are passionate about helping more people achieve more economic freedom.
Whether you're gearing up to invest in your first home or looking for a timely solution to an unexpected expense, the dedicated financial experts at Liberty Bank can help you secure a loan that's precisely suited for your unique needs.
At Liberty Bank, we've developed our selection of personal lending services to address the diverse needs of our customers. Regardless of your financial situation, we'll help you determine precisely how much you can borrow, along with the interest rate you can expect when borrowing from Liberty Bank. We'll also explore any other options that may be available.
The Freedom Fast Loans are Liberty Bank's unsecured personal loans. Available at amounts up to $25,000, these loans are an excellent choice if you need financing fast.
For many, a working vehicle is an everyday necessity. That's why we offer flexible loans with competitive interest rates for both new and used vehicles. Get pre-approved before you head to the dealership.
This financial solution blends the benefits of a revolving personal line of credit with the effortless access to funds offered by a home equity loan.
All Personal Checking accounts include online & mobile banking, online bill pay, and monthly statements. Telephone banking also remains available to all customers, around the clock.
At Liberty Bank, we understand that the needs of one customer are seldom the same as the next. That's why we offer several checking account options to complement our wide selection of additional personal financial services.
For those who prefer convenience of debit card banking and direct deposit. No minimum balance requirement. Also perfect for those seeking to maintain a smaller balance, these accounts require nothing but a $50 opening deposit. There are no minimum balance requirements, and Liberty Bank Visa® debit cards are available upon request. First accounts don't, however, offer checking capabilities.
Enjoy all the conveniences and no monthly fee's when maintaining a balance of $500 or more. These accounts feature the same simple $50 opening deposit as our First Accounts. Personal Checking accounts also includes unlimited check writing for your convenience.
For customers who want to earn interest while enjoying the benefits of a value-added account. Our Premium Checking accounts are free from service charges with balances of $1,000, and they accrue interest to add extra value to your banking experience. You'll enjoy 20 free debit transactions, whereafter the per-transaction charge is just $0.25.
At Liberty Bank, starting your own savings account is simple, even if you're a banking beginner.
With no minimum balance, service charge or deposit requirement, our First Savings account can help minors say "yes" to start saving for their future and the things they want to buy along the way.
Great for young customers or those seeking to maintain a smaller balance, these accounts require nothing but a $50 opening deposit. There are no minimum balance requirements, and Liberty Bank debit cards are available on request. First accounts don't, however, offer checking capabilities.
Our Personal Savings account's low starting balance and interest on any size balance makes it easy for your savings goals to shine with potential.
Requiring only $50 to open, these flexible accounts gather interest on balances of any size. A generous APY helps you reach your savings objectives.
Liberty Bank offers traditional IRAs, alongside Roth, Education and Rollover options to help address the diverse needs of our many customers. These accounts require only $500 to open, and contributions may be tax-deductible.
Since earnings on your retirement contributions are not considered taxable income until withdrawal in retirement, and are compounded, an IRA is a great way to help you achieve the financial freedom that your retirement goals require.
With a mortgage loan from Liberty Bank, you're free to pursue your dreams for homeownership-whether large or small; newly built or aged to perfection; mortgage-free in 30 years or sooner. We can help you determine how much you can afford and customize a financial solution or you.
Let us help you determine how much you can afford and customize a financial solution for you.
Through this traditional method of financing a home, your interest rate remains the same for the term of the mortgage, which keeps your monthly principal and interest payment steady.
These fixed-rate loans allow you to leverage your home's value to access funds for anything from home improvement projects to college education costs.
If you don't have extensive job or credit history, or need a loan that offers favorable conditions for a lower down payment, you may qualify for an FHA loan. It generally comes with lower interest rates than conventional mortgages and in some cases can offer flexibility in obtaining the money you need for closing costs too.
U.S. Military personnel may qualify for a Veteran Affairs loan, which is a federally insured option that makes home buying more affordable with little to no down payment, no mortgage insurance to pay, as well as potentially lower interest rates and flexibility in obtaining money for closing costs.
An adjustable rate mortgage generally features an initial interest rate that may be lower than that of a fixed-rate mortgage, which can result in lower initial payments to help offset the costs of a down payment, closing costs and other expenses. Then, the rate adjusts after a set period up to a certain limit.
To finance a home for more than the amount of conventional conforming limits, our Jumbo Loans can offer a flexible term and options to make the purchase possible.
Looking to build your dream home. A construction loan is a short-term product (usually 12 months or less) that provides the funds to build a residential property.
With a Renovation loan, you will have funds for a wide range of renovation projects, from repairs and energy updates to landscaping and luxury upgrades. A Renovation loan can make the difference between a house and a dream home, or help restore an older home to its former glory.
A non-qualified mortgage, in short, a non-QM loan, is a loan product that doesn't conform with the lending guidelines set by CFPB. They are exclusively designed for home buyers who can't conform to the stringent requirements for a qualified mortgage.
“There's real freedom here–the freedom you have as an individual to attain your goals, as a business to achieve your idea of success or even as a community that is gathering strength to reach its full potential.”
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Notice: Because there is a risk that information transmitted via Internet email could fall into the wrong hands, Liberty Bank suggests that confidential information, such as account numbers or social security numbers, not be transmitted via email. Instead, please contact Liberty Bank directly at your nearest bank branch.
Notice: Because there is a risk that information transmitted via Internet email could fall into the wrong hands, Liberty Bank suggests that confidential information, such as account numbers or social security numbers, not be transmitted via email. Instead, please contact Liberty Bank directly at your nearest bank branch.
