Maggie Lena Walker was one of Richmond, Virginia’s most prominent Black businesswomen and is the first Black woman named as President of a banking institution.…
In 1987 there were 91 African American owned banks in America. Today there are only 24. Many Black financial institutions are struggling to stay afloat…
Extremely interesting information I read at NewsOne.com that I’d thought you’d want me to share with you. Â Carver Federal Savings Bank, the largest Black-run bank in the U.S. is the latest bank to be bailed out. Carver Federal Savings received a $55 million cash rescue from key investors including Citigroup, Goldman Sachs, Morgan Stanley. See […]
