FAQ About Maggie Lena Walker

Maggie Lena Walker was an African American businesswoman and the first woman to charter a bank in the United States. Born on July 15, 1864, in Richmond, Virginia, she became a prominent leader in the African American community through her work as an educator, civic leader, and entrepreneur. Her most famous achievement was founding the St. Luke Penny Savings Bank, which played a key role in promoting financial independence for African Americans.