Five African American Women Pioneers in U.S. Finance Shennette

By A Mystery Man Writer

Between 1888 and 1930, African Americans opened more than a hundred banks and thousands of other financial institutions. One of those institutions was St. Luke Bank in Richmond, Virginia: the first and only bank run by black women. In her new book, Banking on Freedom: Black Women in U.S. Finance Before the New Deal, Shennette Garrett-Scott offers an unparalleled account of how black women carved out economic, social, and political power and illustrates how race and gender shaped modern capitalism. In today's guest post, she introduces us to five African American women pioneers in U.S

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