St. Luke Penny Savings Bank

E917774

St. Luke Penny Savings Bank was an early 20th-century African American–owned bank in Richmond, Virginia, notable as one of the first U.S. banks founded and led by a Black woman.

All labels observed (1)

Label Occurrences
St. Luke Penny Savings Bank canonical 4

How this entity was disambiguated

Statements (30)

Predicate Object
instanceOf African American–owned business
bank
financial institution
historical organization
associatedWith Independent Order of St. Luke
city Richmond
country United States
ethnicFocus African American community
foundedBy Maggie Lena Walker
linked to: Maggie L. Walker
foundedInPeriod early 20th century
genderOfFoundingLeader female
headquartersLocation Richmond, Virginia
historicalSignificance early Black-owned bank in the United States
pioneering Black female leadership in banking
industry banking
leader Maggie Lena Walker
linked to: Maggie L. Walker
locatedIn Richmond, Virginia
mission promoting thrift and savings among African Americans
notableFor African American economic empowerment
being one of the first U.S. banks founded and led by a Black woman
operatedInCentury 20th century
ownedBy African Americans
linked to: Black Americans
partOf African American business history
history of Black banking in the United States
history of Richmond, Virginia
servedCommunity Black residents of Richmond, Virginia
serviceType savings bank
socialRole providing financial services denied by white-owned banks
supporting Black entrepreneurship
state Virginia

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Maggie L. Walker founded St. Luke Penny Savings Bank
Maggie L. Walker National Historic Site associatedWith St. Luke Penny Savings Bank
Independent Order of St. Luke operated St. Luke Penny Savings Bank
Independent Order of St. Luke associatedWith St. Luke Penny Savings Bank