Name: Industrial Bank (en Inglés)
SKU: 49817810
Price: 39.71 USD
Availability: InStock
Author: Mitchell, B. Doyle, Jr. ; Mitchell, Patricia A. ; Page, Lisa Frazier
ISBN: 9781531662851

Formato

Libro Físico

Autor

B. Doyle Mitchell

Patricia A. Mitchell

Editorial

Arcadia Publishing Library Editions

Idioma

Inglés

Encuadernación

Tapa Dura

Dimensiones

24.4x17x1 cm

Peso

0.41 kg.

ISBN13

9781531662851

Categorías

Ee. uu. region del nordeste: estados del atlántico medio
Historia de américa
Historia local

Industrial Bank (en Inglés)

B. Doyle Mitchell (Autor) · Patricia A. Mitchell (Autor) · Arcadia Publishing Library Editions · Tapa Dura

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Reseña del libro "Industrial Bank (en Inglés)"

Pres. Franklin D. Roosevelt declared a bank holiday on March 5, 1933, closing banks across the country until they proved financial soundness. Meanwhile, as the United States crawled out of the Great Depression, Jesse H. Mitchell and a group of black businessmen accomplished the extraordinary--they started a black-owned bank on a street known as "Black Broadway" in the nation's capital. Mitchell, a Howard University-educated lawyer and realtor, and his friends sold $65,000 in stock, and in the sweltering heat on August 20, 1934, Industrial Bank of Washington opened for business. A range of black investors rallied around the effort, from individuals, churches, and service-oriented organizations to savvy business owners. The bank has carried on for three generations: Mitchell's son B. Doyle Mitchell Sr. succeeded him as president in 1953, who was then succeeded in 1993 by his grandson B. Doyle Mitchell Jr. as president and CEO and his granddaughter Patricia A. Mitchell as executive vice president.