Mixed Chicks: Black History Month Person of Distinction – Maggie L. Walker

by Linda Ripoll in News on 17th February 2015


Our Black History Month person of distinction today is Maggie L. Walker. She was the first female bank president of any race to charter a bank in the U.S.

Maggie was born in 1867 in Richmond, Virginia. She was a second grade teacher for many years until she had her children and became a stay at home mother. Several years later, she became a businesswoman when she established a newspaper entitled The St. Luke Herald.

Shortly thereafter, she chartered the St. Luke Penny Savings Bank becoming the first female bank president. Later she served on the Board of Directors for the bank.

She was a woman of class, education and discipline. She has been honored in Virginia with a large brick high school that bears her name that sits adjacent to Virginia Union University.