Archive | March 3, 2013
Freedmen’s Savings and Trust Company

Freedman’s Savings and Trust Company – March 3rd in African American History

March 3, 1865 President Lincoln signed legislation to incorporate the Freedman’s Savings and Trust Company, commonly known as the Freedman’s Bank. The bank was set up to receive deposits only “by or on behalf of persons heretofore held in slavery in the United States, or their descendants.” The bank was setup to help with the […]

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