the Freedmen's Savings Bank

GPTKB entity

Statements (53)
Predicate Object
gptkbp:instance_of gptkb:Bank
gptkbp:associated_with gptkb:African_American_civil_rights_movement
gptkb:Reconstruction_Era
gptkbp:branch 37
gptkbp:capital $57,000
gptkbp:certification gptkb:United_States_Congress
gptkbp:closing_date June 30, 1874
gptkbp:closure_type gptkb:Crisis_intervention
gptkbp:conflict gptkb:Panic_of_1873
poor investment decisions
high withdrawal rates
lack of deposits
gptkbp:dissolved 1874
gptkbp:financials community bank
gptkbp:founded 1865
gptkbp:headquarters gptkb:Washington,_D._C.
gptkbp:historical_documentation gptkb:United_Nations_General_Assembly
gptkb:legal_documents
gptkb:correspondence
annual reports
financial statements
promotional materials
meeting minutes
customer records
press releases
trustee records
gptkbp:historical_significance first national bank for African Americans
https://www.w3.org/2000/01/rdf-schema#label the Freedmen's Savings Bank
gptkbp:impact financial literacy among African Americans
gptkbp:key_people gptkb:Frederick_Douglass
gptkbp:legacy influence on future banking for African Americans
gptkbp:location gptkb:United_States
gptkbp:notable_account_holder freedmen
gptkbp:notable_contributor economic empowerment
gptkbp:notable_event failure due to mismanagement
gptkbp:opened 1870
gptkbp:operates_under U. S. federal charter
gptkbp:purpose to provide financial services to freed slaves
gptkbp:regulatory_body gptkb:Office_of_the_Comptroller_of_the_Currency
gptkbp:services financial education
loans
savings accounts
gptkbp:signatories gptkb:Blanche_K._Bruce
gptkb:Hiram_Revels
gptkb:Frederick_Douglass
gptkb:John_A._J._Creswell
gptkb:Robert_Smalls
gptkbp:successor gptkb:U._S._Treasury_Department
gptkbp:target_audience African American community
gptkbp:type gptkb:Bank
gptkbp:bfsParent gptkb:the_Freedmen's_Bureau
gptkb:Freedmen's_Bureau
gptkbp:bfsLayer 4