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Women's History Month

News > Women's History Month > Women's History Month: Maggie Lena Walker, The First Female Bank President [VIDEO]

Women's History Month: Maggie Lena Walker, The First Female Bank President [VIDEO]

By: Marie David

Photo Credit: Youtube Screenshot/MAGGIE LENA WALKER

 

WBLS CELEBRATES WOMEN'S HISTORY MONTH: 31 DAYS, 31 PHENOMENAL WOMEN


Talk about power moves! Maggie Lena Walker was the first female Bank president to Charter a bank in the United States. She founded a penny Savings Bank for the order of st. Luke and served as president. Her goal was to encourage savings and facilitate loans to community members. By 1920 the bank had helped about 600 families purchase homes.  Source: LadiSav

Watch the video below and find out more about this Phenomenal Woman. 

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