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Race empowerment and the Establishment of African-American owned banks in the South,1888 - 1910

This study examined the role of black-owned banks in facilitating economic emancipation for African Americans in the South from 1888 to 1910. The concept of a separate, but equal America legalized by the United States Supreme court in 1896, Plessy v. Ferguson provided the impetus for a separate economy in the South. As a result, commercial and savings banks emerged as institutions for the economic liberation of African Americans. A case study investigating the efforts of three banks in contributing to the economic development of the African-American community during this era was conducted. The study examined race and empowerment and the role of banks in accommodating thrift, wealth accumulation and investing human and financial capital. The findings determined that commercial and savings banks formed the cornerstone of economic liberation and emancipation for African Americans in the Jim Crow South from 1888 to 1910. It concludes that bank founders embodied a Black Nationalist ideology of self-determination, race pride and economic cooperation when creating these institutions.

Identiferoai:union.ndltd.org:auctr.edu/oai:digitalcommons.auctr.edu:dissertations-1593
Date01 May 2009
CreatorsAdams, Dell Ray
PublisherDigitalCommons@Robert W. Woodruff Library, Atlanta University Center
Source SetsAtlanta University Center
Detected LanguageEnglish
Typetext
Formatapplication/pdf
SourceETD Collection for Robert W. Woodruff Library, Atlanta University Center

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