FIRST - Solvent Savings Bank - Memphis, TN
Posted by: Groundspeak Regular Member Lat34North
N 35° 08.356 W 090° 02.897
15S E 768932 N 3892476
The Solvent Savings Bank was the first Negro bank established in Memphis. Located across the street from the Robert Church Park on Beale St, Memphis, TN. Located at 386 Beale St.
Waymark Code: WMT59T
Location: Tennessee, United States
Date Posted: 09/28/2016
Published By:Groundspeak Regular Member Mark1962
Views: 0
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The plaque reads:

Solvent Savings Bank


The Solvent Savings Bank and Trust Company founded by Robert Church, Sr., first Negro bank established in Memphis, opened at this site, 392 Beale Street, in 1906. It survived the money panic of 1907 and became the fourth largest black bank in the nation. Robert Church, Jr. succeeded his father as president in 1912. W. C. Handy's music studio was located on the second floor in 1907. .

1935 by West Tennessee Historical Society.
FIRST - Classification Variable: Item or Event

Date of FIRST: 01/01/1906

More Information - Web URL: [Web Link]
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