such as Citibank, Bank of America, Bank One, and Wachovia. There are also virtual banks listed on Bankrate.com that have solid reputations, including National Int
erBank, ING Direct, E*Trade, NetBank, and Juniper Bank. In March, the Office of Thrift Supervision approved a deal that would form BankBlackwell, an Internet-only bank and the first black, federally chartered African American savings bank in 10 years. Led by James Mundy, former chief operating officer at OneUnited Bank (No. 2 on the BE BANKS list with $478.6 million in assets), BankBlackwell, will target affluent African Americans and is slated to open later this year pending adequate funding.
—Nicole Marie Richardson