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On this day in 1867

By Jerry Mitchell Jul 15, 2024 | 7:00 AM

JULY 15, 1867

Credit: National Park Service

Maggie Lena Walker, the first African-American and first known female bank president to charter a bank in the United States, was born in Richmond, Virginia. She championed help for the impoverished and gave loans to Black Americans starting businesses. 

“Let us have a bank,” she said, “that will take the nickels and turn them into dollars.”

She also opened a store for Black Americans, so they no longer had to use side or back entrances. In 2017, Richmond honored Walker with a statue — the first of a series aimed at honoring such unsung heroes.