Seaway Bank at a Glance Original Name: Seaway National Bank of Chicago Founders: Ernest T. Collins Moses J. Proffitt local business men and women Year Founded: 1965 Year of Merger with Self-Help Federal Credit Union: 2017 Original Founding Location: Chicago, Illinois (South Side) This is the story of Seaway Bank, a South Side Chicago financial institution that at its height rose to become America’s largest Black-owned bank. Beginning with its 1960s social justice and economic equality underpinnings, we trace Seaway Bank’s 52-year history through first-hand accounts, archival images, contemporary footage and narration. In doing so, we honor the achievements of an institution that invested in—and empowered—communities of Black people, making a lasting name for itself in the process. Tweet Photo Gallery In 1965, Rev. Dr. Martin Luther King, Jr. makes a deposit at Seaway Bank in the name of his organization, the Southern Christian Leadership Conference. Exposing young people to banking was a big part of Seaway Bank’s commitment to Chicago’s South Side youth. Community engagement at Seaway Bank included hosting weekend arts-and-crafts fairs and seasonal farmers markets at its branches.