Black Lives Matter Economic Protest Go Global!

Primary Sources, Black History

In speeches Mrs. Walker, the founder of St. Luke Penny Savings Bank. had reasoned, "Let us put our money together; let us use our money; Let us put our money out at usury among ourselves, and reap the benefit ourselves." In 1903 she founded the St. Luke Penny Savings Bank. Mrs. Walker served as the bank's first president, which earned her the recognition of being the first African American woman to charter a bank in the United States. Later she agreed to serve as chairman of the board of directors when the bank merged with two other Richmond banks to become The Consolidated Bank and Trust Company. Until 2009, the bank thrived as the oldest continually African American-operated bank in the United States. A young “Miss Maggie” Walker, the daughter of a survivor of slavery, who in 1903 became the first woman of any race to found and become president of an American bank. ALAMERICA BANK http://bit.ly/MaggieBank Location: Birmingham, AlabamaFounded: January 28, 2000FDIC Region: AtlantaAssets: $35 404 000 BROADWAY FEDERAL BANK FSB Location: Los Angeles, CaliforniaFounded: February 26, 1947FDIC Region: San FranciscoAssets: $385 055 000 Location: Savannah, GeorgiaFounded: January 1, 1927FDIC Region: AtlantaAssets: $41 573 000 CITIZENS TRUST BANK Location: Atlanta, GeorgiaFounded: June 18, 1921FDIC Region: AtlantaAssets: $392 286 000