Press Enter to search or select a section to narrow results

BLACK IN TIME: A Moment In OUR History

Hugh Gaddy · Sunday, November 1st 2009 at 10:37PM · 119 views
Maggie Lena Walker



St. Luke Penny Savings Bank Opened Its Doors On November 2, 1903, In Richmond, Virginia. Opening Day Receipts Totalled $9,430.44. Today Called Consolidated Bank & Trust Company, It Holds The Distinction Of Being The 10th Largest Black American-Owned Bank, As Well As Well As Being The Nation's Oldest Continually-Operated, Non-White-Owned Bank.

Founded By And Operated By Maggie Lena Walker, St. Luke Bank Is The First Bank In America To Be Run By A Woman.

Walker Also Owned A Printing Plant, Office Building And Other Businesses. She Also Edited A Newspaper. It's Said That Local People Enjoyed Seeing Maggie Walker Ride Around Town In Her Chauffeur-Driven Limosine, A Symbol Of Her Success As An Entrepreneur.Walker Died In 1964, At The Age Of 69. Her House, At 110A East Leigh Street In Richmomd, VA, Was Designated A National Landmark In 1973.

"In Order For Black History To Live, We Must Continue To Breathe Life Into It." -- Hubert Gaddy, Jr.

Hugh Gaddy
Hugh Gaddy
Create Your Badge

About the Author

Hugh Gaddy Hagerstown, MD

Share This Article

Comments (1)

robert powell Monday, November 2nd 2009 at 9:18AM

great scholarship and picture.

Post a Comment

Please log in to post comments.