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Home Tennessee Shelby County Memphis Historical Markers Solvent Savings Bank

Solvent Savings Bank

386 Beale, Memphis, TN , USA

Latitude & Longitude: 35° 8' 21.592176", -90° 2' 53.478852"
  Tennessee TN State Historical Marker
Tennessee State
Historical Marker

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.

Last updated: 2/14/2015 15:17:00
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Solvent Savings Bank Historical Marker Location Map, Memphis, Tennessee Map