Maggie Lena Walker (July 15, 1864 – December 15, 1934) was an African-American teacher and businesswoman. Walker was the first female bank president of any race to charter a bank in the United States.
she chartered the St. Luke Penny Savings Bank. Mrs. Walker served as the bank’s first president, which earned her the recognition of being the first black 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, which grew to serve generations of Richmonders as an African-American owned institution.
Walker’s restored and furnished home in the historic Jackson Ward neighborhood of Richmond, Virginia has been designated a National Historic Site, operated by the National Park Service. #blackhistoryfacts#blackentrepeneur #moneymatters #RichmondVa #Jackson#Wheremypeoplesarefrom
Article By Richard Jackson @nyceflix
Image By Fed Parnership
Maggie Lena Walker
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