The Black Owned Bank

The penny savings bank would provide services that black people were excluded from at the all white banks, including loa ons and mortgages. The bank was funded by the purchase of shares, with the order of saint luke purchasing 200 shares. Over time, it had account holders all over the southeast, thanks in part to walker's extensive travels to spread word about the bank. And the emporium provided a place for black people to shop without the discrimination or harassment that they generally faced at white owned stores.