Allen, Eliza

c. 1840–1910 · Contribution: 1888

Only woman listed on the founding charter of the first chartered African American-owned bank in the United States

Business & Misc. — collage image
Business & Misc.

Portraits are AI-generated interpretations, not photographs.

Quick facts

Category
Business & Misc.

Impact on the world

At a moment when both her race and her sex were barred from the machinery of American banking, Allen's name on that charter marks the documented beginning of Black women's participation in the U.S. financial system.

Sources

  1. Columbia University Press, Shennette Garrett-Scott, 'Banking on Freedom: Black Women in U.S. Finance before the New Deal' (2019). [Note: this peer-reviewed monograph remains the sole substantive independent source naming Allen

1 more sources and references are available to members.