Have you ever wanted to be a bank president? Maggie L. Walker did just that. In fact she was the first African American Woman to be one. She also was a businesswoman and teacher. Very few African American Woman could do that. She was outstanding!
Maggie Walker was born on July 15, 1864 in Richmond, Virginia. Her mom was Elizabeth Draper a former slave assistant and spy for the Union army during the Civil War. She got educated by Richmond’s public schools. Her dad William Mitchell eventually died by getting drowned in a river, so her, her mom, and her brother Johnnie Mitchell had to clean people’s clothes to earn money. She was very poor at this time.
This is the St. Luke Penny Savings Bank.
After she went to college at Lancaster School, Richmond Colored Normal School, she got married to Armstead Walker Jr. and taught grade school for three years. After that she had three kids Russell Talmadge, Armstead Mitchell (died in birth), and Melvin DeWitt. Then adopted a girl named Polly Anderson. Soon later she joined the local council of the Independent Order of St. Luke. Later in 1902 she established a newspaper, The St. Luke Herald. A year later in 1903, she founded the St. Luke Penny Savings Bank. Onto that she was the first African American Woman to charter a bank. She was also a member of the National Association for the Advancement of Colored People and the Virginia Interracial Commission. Sadly her husband got accidentally killed. Soon after that in 1928 she was in a wheelchair. Then eventually on December 15, 1934 at the age of 70 she died by a diabetic condition that is unknown.She was buried at Evergreen Cemetery in Richmond.
Today we remember her as the first African American Woman to be president of a bank. I think she is a wonderful person because she did so many wonderful things.