Solvent Savings Bank And Trust
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Founders | Robert Reed Church |
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Date of Upd. | |
ID | 4294351 |
About Solvent Savings Bank And Trust
Solvent Savings Bank and Trust was an African American-owned bank in Memphis, Tennessee, founded in 1906 by Robert Reed Church. It was the first African American-owned bank to achieve $1 million in assets. It merged with Fraternal Savings Bank and Trust in 1927, which failed in 1929.