Shennette Garrett-Scott explores black financial innovation and its transformative impact on U.S. capitalism through the story of the St. Luke Bank in Richmond, Virginia: the first and only bank run by black women. Banking on Freedom offers an unparalleled account of how black women carved out economic, social, and political power.
This exploration of gender and race in the making of modern US finance represents an important historiographical intervention. Banking on Freedom is also an engaging and accessible read that is ripe for the current political and economic moment.