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Home Heidi Li on Equality Maggie Walker: First Woman to Charter A U.S. Bank - Done Before Women Achieved Suffrage

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Maggie Walker: First Woman to Charter A U.S. Bank - Done Before Women Achieved Suffrage PDF Print E-mail

Maggie Walker, the first woman to charter a bank in the United States:

"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 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. The bank thrives today as the oldest continually African American-operated bank in the United States. Its headquarters are currently located across the street from its original site at the corner of First and Marshall streets in Richmond." [source: National Park Service ]

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For more from this document go here , to the website of the Federal Reserve Bank of Richmond.

 

Reuters

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