Savings And Trust by Justene Hill Edwards

A History of African American Financial Institutions

In "Savings and Trust," historian Justene Hill Edwards delves into the history of the Freedman's Bank, established after the Civil War to support African Americans in their pursuit of economic independence. The bank, initially seen as a beacon of hope, tragically collapsed within nine years, leaving many former slaves financially devastated. Through new archival research, Edwards reveals how the bank's downfall was orchestrated by its white financiers, rather than its Black leaders or depositors. This book sheds light on a pivotal moment in American history and explores the enduring impact of this financial betrayal on racial economic inequality.

The 17008th greatest book of all time


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Published
2024
Nationality
Unknown
Length
Short
Pages
200-300
Original Language
English
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Alternate Titles
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