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Maggie Lena Walker, First Black Woman Bank President

Maggie Lena Walker and St Luke Penny Savings Bank
Maggie Lena Walker and St Luke Penny Savings Bank

On Jul 15, 1867, Maggie Lena Walker, the first African-American and first known female bank president to charter a bank in the United States, was born in Richmond, Virginia. She championed help for the impoverished and gave loans to Black Americans starting businesses.

“Let us have a bank,” she said, “that will take the nickels and turn them into dollars.”

She also opened a store for Black Americans, so they no longer had to use side or back entrances. In 2017, Richmond honored Walker with a statue — the first of a series aimed at honoring such unsung heroes.

mississippitoday.org/2024/07/15/on-…

#MaggieLenaWalker #OrdeerofStLukes #StLukePennySavingsBank #BlackBankers #BlackBusinessOwners

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