About Us
MISSION STATEMENT
Our mission, as a Christian ministry is to establish covenant relationships with member churches and partnerships with financial institutions and other organizations for economic empowerment.
VISION STATEMENT
.Our vision is to stimulate and actualize economic empowerment in the African-American community and other underserved communities, and to leave a legacy for future generations.
HISTORY
The Collective Banking Group, Inc. (CBG) was formed in 1993 as a result of concerns raised by pastors and church members in Prince Georges County and the Metropolitan D.C. area regarding inequitable access to services provided by local banks and businesses. Churches were faced with severe challenges due to redlining and other questionable practices.
As a result, a group of pastors met to discuss means by which to gain economic empowerment and justice in their business dealings. After several meetings, the group decided to join its efforts under the name The Collective Banking Group of Prince George’s County, (MD) and Vicinity. The Rev. Jonathan L. Weaver, pastor of Greater Mt. Nebo AME Church, was elected president and has served in that capacity for more than twelve years. In January 2008, Rev. Dr. Kerry A. Hill, pastor of New Chapel Baptist Church, succeeded Rev. Weaver as president.
In 1992, the CBG began the process of interviewing 16 banks, for the purpose of establishing a covenant relationship, whereby churches and its members would receive favorable banking services. By 1995, the CBG had signed its first covenant with four (4) banks: Riggs Bank, Industrial Bank, Enterprise Federal Savings Bank, and the Harbor Bank of Maryland .
Since its inception, the CBG has continuously grown to its present membership of more than 150 churches, representing over 200,000 persons. More than $300 million in loans have been generated by the CBG, including transactions by member churches, parishioners, community development corporations and businesses.
CBG Board Members
| Rev. Dr. Kerry A. Hill, President New Chapel Baptist Church Temple Hills, MD |
Rev. Dr. Myrtle Bowen Galbraith AME Zion Church Washington , DC |
| Rev. Dr. Henry Davis III First Baptist Church of Highland Park Landover, MD |
Elder James Jordan Refreshing Spring Church of God in Christ Riverdale , MD |
| Rev. Marcellous Buckner Marlboro Meadows Baptist Church Upper Marlboro, MD |
Rev. Anthony Maclin The Sanctuary at Kingdom Square Capitol Heights, MD |
| Rev. Wayne K. Bumbry LeDetroit Baptist Church Oxon Hill , MD |
Rev. Don Massey Progressive Church Camp Springs, MD |
| Rev. Nathan Butler, Sr. Righteous Church of God Ministries Washington, DC |
Rev. Stephen E. Tucker New Commandment Baptist Church Washington , DC |
| Rev. Dr. Conrad K. Pridgen Ward Memorial AME Church Washington, DC |
Bishop. Paul Wells New Revival Kingdom Church Forestville , MD |
| Bishop Dianna Dunn Gateway Cathedral of Praise Temple Hills, MD |
Rev. Jonathan L. Weaver Greater Mt. Nebo AME Church Bowie, MD |
| Rev. Dr. R. Aquila Fordham Ebenezer AME Church Galesville, MD |
Rev. Andrea Foster United By Faith Christian Church Clinton, MD |
Reverend Jacqueline McEwan
Higher Place of Praise Ministries
Forestville, MD |
Reverend Joshua Kevin White
Church of the Great Commission
Camp Springs,MD
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| Rev. Dr. Diane H. Johnson, Executive Director P. O. Box 47005, Forestville, MD 20753 Phone: 301-699-8449 Fax: 301-699-8470 www.CollectiveBankingGroup.com Email:CollectiveBankingGroup@gmail.com |
Midgett S. Parker, Jr., Esq. Legal Counsel Linowes and Blocher LLP 145 Main Street Annapolis, Maryland 21401 410.268.0881 mparker@linowes-law.com www.linowes-law.com |