On This Day

On July 28, 1903, Maggie Lena Walker established the St. Luke Penny Savings Bank, becoming the first woman in the US to found and become president of a chartered bank. St. Luke Penny Savings Bank is still in operation today as Consolidated Bank and Trust Company, the nation’s oldest continuously existing African American bank. Read more […]

On July 28, 1903, Maggie Lena Walker established the St. Luke Penny Savings Bank, becoming the first woman in the US to found and become president of a chartered bank. St. Luke Penny Savings Bank is still in operation today as Consolidated Bank and Trust Company, the nation’s oldest continuously existing African American bank. Read more […]

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