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Financial Leaders
Maggie Lena Walker
1864–1934
First Black woman to charter a bank in the United States.
📖Biography
Maggie Lena Walker was an American businesswoman and teacher. She was the first Black woman to charter a bank in the United States, the St. Luke Penny Savings Bank.
Key Achievements
1
First Black woman to charter a bank in the U.S.
2
Founded St. Luke Penny Savings Bank in 1903
3
Led the Independent Order of St. Luke
4
Published a newspaper, the St. Luke Herald
Legacy & Impact
Walker created financial institutions that served the Black community when mainstream banks would not, empowering economic independence.