FAQ About Maggie Lena Walker

Maggie Lena Walker is considered a symbol of economic empowerment because she demonstrated the transformative power of financial independence and entrepreneurship for African Americans. By founding the St. Luke Penny Savings Bank, she not only created a pathway for financial growth and stability for her community but also challenged existing societal norms that discriminated against both her race and gender. Her work proved that African American women could excel in business and inspire economic change.