This Day in Black History: Oct. 17, 1888

This Day in Black History: Oct. 17, 1888

Capital Savings Bank in Washington, D.C., became the first bank organized and operated by African-Americans.

Published October 17, 2011

(Photo: Courtesy Wiki Commons)

Capital Savings Bank in Washington, D.C., became the first bank organized and operated by African-Americans. In its first four years, its deposits had grown to over $300,000.

Written by Britt Middleton

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