skip to main content
Northfield Bank

Login To Your Account

Choose Account Type
Desktop Username
Desktop Password

February 21, 2023

Black Americans Who Meaningfully Impacted Banking

Black Americans Who Meaningfully Impacted Banking

Black History Month is the perfect time to recognize and reflect on the contributions that Black Americans have made across all industries. The accomplishments of the three individuals below impacted the banking industry for the better.

1. Richard R. Wright

Along with being a civil rights advocate, educator, military officer, and politician, Richard R. Wright was also a bank entrepreneur. He moved from Georgia to Philadelphia in 1921 and founded Citizens and Southern Bank and Trust Company, the only Black-owned bank in the Northern United States at the time. It helped launch many small businesses in Philadelphia’s African-American communities.

2. Maggie Lena Walker

Maggie Lena Walker was the first African American woman to found a bank in the United States. She started St. Luke Penny Savings Bank in Richmond, Virginia in 1903 and it led to economic growth in the Black community. The bank also hired a high number of African-American women. By 1924, it had over 50,000 members.

3. Kevin Cohee

Kevin Cohee started OneUnited Bank, the largest Black-owned bank in America. He founded it by combining several community banks with the goal to unify and fit the needs of Black communities. Today, OneUnited Bank has helped many Black-owned companies access capital.

Related Stories

July 16, 2024

Northfield Bank, wholly-owned subsidiary of Northfield Bancorp, Inc. (NASDAQ: NFBK), announced today that Steven M. Klein, President and Chief Executive…

June 12, 2024

Learn how to avoid Social Engineering attacks where a cyber criminal will try to manipulate individuals into divulging sensitive information…

April 01, 2024

The Northfield Bank Foundation Charity Golf Classic will be held on Monday, May 6, 2024 at Richmond County Country Club,…

February 09, 2024

Northfield Bank hosted a ribbon cutting ceremony on Monday, February 5, 2024 to celebrate the opening of their newest location…

Northfield Bank Logo

You are leaving Northfield Bank’s site to visit a site not hosted by Northfield. Please review the third-party’s privacy policy, accessibility policy, and terms. Northfield is not responsible for the content provided by third-party sites.