Banking on freedom : black women in U.S. finance before the New Deal

Resource Information

The work Banking on freedom : black women in U.S. finance before the New Deal represents a distinct intellectual or artistic creation found in Manchester City Library. This resource is a combination of several types including: Work, Language Material, Books.

Label

Banking on freedom : black women in U.S. finance before the New Deal

Title remainder

black women in U.S. finance before the New Deal

Statement of responsibility

Shennette Garrett-Scott

Creator

• Garrett-Scott, Shennette

Author

• Garrett-Scott, Shennette

Subject

• African American banks
• African American banks -- History
• African American women
• African American women -- History
• Electronic books
• History
• United States
• Women bankers
• Women bankers -- United States -- History
• Women in finance
• Women in finance -- United States -- History
• African American bankers
• African American bankers -- History

Genre

• History
• Electronic books

Language

eng

Summary

Between 1888 and 1930, African Americans opened more than a hundred banks and thousands of other financial institutions. In Banking on Freedom, Shennette Garrett-Scott explores this rich period of black financial innovation and its transformative impact on U.S. capitalism through the story of the St. Luke Bank in Richmond, Virginia: the first and only bank run by black women. Banking on Freedom offers an unparalleled account of how black women carved out economic, social, and political power in contexts shaped by sexism, white supremacy, and capitalist exploitation. Garrett-Scott chronicles both the bank's success and the challenges this success wrought, including extralegal violence and aggressive oversight from state actors who saw black economic autonomy as a threat to both democratic capitalism and the social order. The teller cage and boardroom became sites of activism and resistance as the leadership of president Maggie Lena Walker and other women board members kept the bank grounded in meeting the needs of working-class black women. The first book to center black women's engagement with the elite sectors of banking, finance, and insurance, Banking on Freedom reveals the ways gender, race, and class shaped the meanings of wealth and risk in U.S. capitalism and society

Member of

• Columbia studies in the history of U.S. capitalism

Cataloging source

DLC

Dewey number

332.1092/520973

Illustrations

illustrations

Index

index present

LC call number

HG181

LC item number

.G357 2019

Literary form

non fiction

Nature of contents

bibliography

Series statement

Columbia studies in the history of U.S. capitalism