The Women's National Bank in Washington, D.C. was the first nationally chartered women's bank in the United States.[1] It was incorporated in 1977,[2] after the passage of the Equal Credit Opportunity Act.[3] It was also the "first women's bank to become a member of the Federal Reserve System". Its first president was Emily H. Womach."[4]
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| Industry | Financial services |
|---|---|
| Founded | 1977 |
| Headquarters | 1627 K Street N.W., Washington,. D. C, U.S. |
| Products | |
| Website | adamsbank |
The bank was proposed in 1974, and was initially denied a charter in 1976.[5]
It changed its name to The Adams National Bank in 1986.[6] Adams National Bank was acquired by Premier Financial Bancorp in West Virginia, changing its name to Premier Bank in 2011.[7]
References
edit- ^ Rudolph, Katie. "'A Bank For All People': Remembering The Women's Bank". Special Collections and Archives. Denver Public Library. Retrieved 28 October 2024.
- ^ "Abigail Adams National Bancorp, Inc". www.encyclopedia.com. Retrieved 28 October 2024.
- ^ Bennett, Karen (28 May 2024). "Women And Banking: 50 Years Of Progress". Bankrate. Retrieved 28 October 2024.
- ^ Womach, Emily H. (January 1981). "The Women's National Bank — a Successful Business Venture". American Journal of Small Business. pp. 8–10. doi:10.1177/104225878100500303. Retrieved 28 October 2024.
- ^ "U.S. Refuses To Charter D.C. Women's Bank". Washington Post. Retrieved 28 October 2024.
- ^ "History of Abigail Adams National Bancorp, Inc". FundingUniverse. Retrieved 28 October 2024.
- ^ "Adams National Will Merge with W.Va. Bank". Washington Post via Proquest. Retrieved 28 October 2024.
External links
edit- archival newspaper articles assembled on Elisabeth Scott Porter website (Founder & Director, The Women's National Bank (Adams National Bank))