The Rise and Fall of the Freedman's Savings Bank: And Its Lasting Socio-Economic Impact on Black America

by Rodney A. Brooks

The author tells the history of the Freedman's Savings Bank, how it grew much too quickly, why it failed and the impact on Black America. The end of slavery in the United States left thousands of enslaved people with the need to survive the transition to freedom, including food, clothing, shelter, and medical care. They would also need education, money and financial services. In 1865 Congress passed legislation to create the Freedman's Bureau to provide...

• Format: Paperback
• Language: English
• ISBN: 1910151491
• ISBN13: 9781910151495
• Release Date: April 2024
• Publisher: Spiramus Press
• Length: 186 Pages