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Alvin J. Boutte, Sr. (October 10, 1929 – April 1, 2012) was an African American banker and businessman in Chicago, Illinois. He was co-founder, CEO, and chairman of Independence Bank — the largest Black-owned bank in the United States in the 1970s — and its holding company, Indecorp, Inc., which reclaimed that title in the 1990s with more than $200 million in assets. He was connected to many civil rights leaders of the 20th century, including Martin Luther King Jr., Jesse Jackson, and Harold Washington. The Chicago Tribune once described him as a "moderate militant."

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  • Alvin J. Boutte (en)
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  • Alvin J. Boutte, Sr. (October 10, 1929 – April 1, 2012) was an African American banker and businessman in Chicago, Illinois. He was co-founder, CEO, and chairman of Independence Bank — the largest Black-owned bank in the United States in the 1970s — and its holding company, Indecorp, Inc., which reclaimed that title in the 1990s with more than $200 million in assets. He was connected to many civil rights leaders of the 20th century, including Martin Luther King Jr., Jesse Jackson, and Harold Washington. The Chicago Tribune once described him as a "moderate militant." (en)
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  • Alvin J. Boutte (en)
name
  • Alvin J. Boutte (en)
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death place
  • Hazel Crest, Illinois, US (en)
death date
birth place
  • Lake Charles, Louisiana, US (en)
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  • banker, pharmacist, civil rights activist (en)
spouse
  • Barbara Gonzaque Boutte (en)
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  • Alvin J. Boutte, Sr. (October 10, 1929 – April 1, 2012) was an African American banker and businessman in Chicago, Illinois. He was co-founder, CEO, and chairman of Independence Bank — the largest Black-owned bank in the United States in the 1970s — and its holding company, Indecorp, Inc., which reclaimed that title in the 1990s with more than $200 million in assets. He was connected to many civil rights leaders of the 20th century, including Martin Luther King Jr., Jesse Jackson, and Harold Washington. The Chicago Tribune once described him as a "moderate militant." (en)
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