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Jesse Binga (April 10, 1865 – June 13, 1950) was a prominent American businessman who founded the first privately owned African-American bank in Chicago. [1] Binga recalled coming to Chicago in the 1890s with $10 in his pocket. By the 1920s he was a bank president and major real estate owner.
Maggie Lena (née Draper Mitchell) Walker (July 15, 1864 – December 15, 1934) was an American businesswoman and teacher. In 1903, Walker became both the first African-American woman to charter a bank and the first African-American woman to serve as a bank president. [2]
First African-American bank examiner for the United States Department of the Treasury: Roland Burris; First African American to graduate from the University of Mississippi: James Meredith [233] First African-American named as Time magazine's Man of the Year: Martin Luther King Jr. [234]
The bank opened on June 29, 1922, after securing the charter in Washington, D.C., a few days prior. Anthony Overton was the president of the bank and the board. [5] There were other Black owned banks in Chicago at the time including the bank owned Jesse Binga who founded the first privately owned African-American bank in Chicago in 1908. The ...
The Dorsey Memorial Library, which opened in 1941, was the second to serve the African–American public and is located in Overtown. It was the first city-owned building constructed specifically for library purposes, and was used for the next two decades. [2] The building is a simple, one-story rectangular block with two wings.
Juan Garrido was the first documented African American. Much of what we know about Garrido comes from his probanza de merito, or “proof of merit,” which states that while he was from West ...
In the United States, black-owned businesses (or black businesses), also known as African American businesses, originated in the days of slavery before 1865.Emancipation and civil rights permitted businessmen to operate inside the American legal structure starting in the Reconstruction Era (1863–77) and afterwards.
The American League of Colored Laborers was a short-lived labor union established in New York City in 1850. It is notable for being the first union created for African Americans in the United States.