Maggie L. Walker

Maggie Lena Walker (July 15, 1864 – December 15, 1934) was an African-American businesswoman and teacher. In 1903, Walker became both the first African American woman to charter a bank and the first African American woman to serve as a bank president.[2] As a leader, Walker achieved successes with the vision to make tangible improvements in the way of life for African Americans. Disabled by paralysis and a wheelchair user later in life, Walker also became an example for people with disabilities.

Maggie Lena Walker
Maggie L. Walker of Richmond, Virginia in 1913.jpg
Maggie Lena Draper

(1864-07-15)July 15, 1864
Richmond, Virginia
DiedDecember 15, 1934(1934-12-15) (aged 70)
OccupationBank founder, businesswoman, teacher, newspaper publisher.
Known forFirst African American woman to charter a bank in the United States[1]

Walker's restored and furnished home in the historic Jackson Ward neighborhood of Richmond, Virginia has been designated a National Historic Site, operated by the National Park Service.


According to biographical material she supplied, Walker was born as Maggie Lena Draper in Richmond, Virginia, to Eccles Cuthbert and Elizabeth Draper two years and two months after the end of the American Civil War. Census information, as well as a diary passage saying that she was four years old on her mother's wedding in May 1868, with William Mitchell, set the date back to 1864 or 1865.[3]: 1  Her mother was a former slave and an assistant cook in the Church Hill mansion of Elizabeth Van Lew, who had been a spy in the Confederate capital city of Richmond for the Union during the War, and was later postmaster for Richmond. Her stepfather was a butler[3]: 1–2  and her biological father was an Irish-born Confederate soldier and a postwar writer for the New York Herald.[4]

The Mitchell family moved to their own home on College Alley off of Broad Street nearby Miss Van Lew's home where Maggie and her brother Johnnie were raised.[3]: 2  The house was near the First African Baptist Church which, like many black churches at the time, was an economic, political, and social center for the local black community.[3]: 3  After the untimely death of William Mitchell, Maggie's mother supported her family by working as a laundress. Young Maggie attended the newly formed Richmond Public Schools and helped her mother by delivering the clean clothes.


When she was fourteen years old, young Maggie joined the local council of the Independent Order of St. Luke. This fraternal burial society, established in 1867 in Baltimore, Maryland, ministered to the sick and aged, promoted humanitarian causes and encouraged individual self-help and integrity. She served in numerous capacities of increasing responsibility for the Order, from that of a delegate to the biannual convention to the top leadership position of Right Worthy Grand Secretary in 1899,[5] a position she held until she died.

Walker was inducted as an Honorary Member of the Nu Chapter of Zeta Phi Beta Sorority at the chapter's first meeting in 1926.

After leaving her teaching position in 1886, Maggie devoted herself to the Order and rose steadily through its ranks. A pioneering insurance executive, financier and civic icon, she established the Juvenile Branch of the Order in 1895 while serving as grand deputy matron.[6] This branch encouraged education, community service, and thrift in young members.

In 1902, she published a newspaper for the organization, The St. Luke Herald. Shortly after, she chartered the St. Luke Penny Savings Bank. Walker served as the bank's first president, which earned her the recognition of being the first African American woman to charter a bank in the United States.[7] Charles Thaddeus Russell was Richmond's first black architect and he designed the building for Walker.[8] The St. Luke Penny Savings Bank's leadership also included several female board members.[9] Later Walker agreed to serve as chairman of the board of directors when the bank merged with two other Richmond banks to become The Consolidated Bank and Trust Company, which grew to serve generations of Richmonders as an African-American owned institution.

In 1905, Walker was featured alongside other African American leaders, such as Mary Church Terrell, T. Thomas Fortune, and George Washington Carver in a poster titled, "101 Prominent Colored People".[10]

Walker received an honorary master's degree from Virginia Union University in 1925, and was inducted into the Junior Achievement U.S. Business Hall of Fame in 2001.[11]

Walker's social change activities with the Independent Order of St. Luke demonstrated her keen consciousness of oppression and her dedication to challenge racial and gender injustice.[12]


Maggie Walker High School, Richmond

In Walker's honor Richmond Public Schools built a large brick high school adjacent to Virginia Union University. Maggie L. Walker High School was one of two schools in the area for black students during the Jim Crow era; the other was Armstrong High School. Generations of students spent their high-school years at the school. It was totally refurbished to reopen in 2001 as the regional Maggie L. Walker Governor's School for Government and International Studies.

The St. Luke Building held the offices of the Independent Order of St. Luke, and the office of Maggie L. Walker. As late as 1981, Walker's office was being preserved as it was at the time of her death in 1934.[13] The building was listed on the National Register of Historic Places in 1982.[14]

Maggie L Walker National Historic Site, Richmond

The National Park Service operates the Maggie L. Walker National Historic Site at her former Jackson Ward home. In 1978 the house was designated a National Historic Site and was opened as a museum in 1985. The site states that it "commemorates the life of a progressive and talented African-American woman. She achieved success in the world of business and finance as the first woman in the United States to charter and serve as president of a bank, despite the many adversities. The site includes a visitor center detailing her life and the Jackson Ward community in which she lived and worked and her residence of thirty years. The house is restored to its 1930's appearance with original Walker family pieces."[15]

The National Park Service summarizes Walker's legacy with the statement, "Through her guidance of the Independent Order of St. Luke, Walker demonstrated that African American men and women could be leaders in business, politics, and education during a time when society insisted on the contrary."[16]

Walker was honored as one of the first group of Virginia Women in History in 2000.[17]

statue of Walker
Maggie L. Walker Memorial Plaza

On July 15, 2017, a statue of Walker, designed by Antonio Tobias Mendez was unveiled at the Maggie L. Walker Memorial Plaza on Broad Street in Richmond.[18] The bronze, 10-foot statue shows a depiction of how she lived, with her glasses pinned to her lapel and a checkbook in hand.

In 2020, Walker was one of eight women featured in "The Only One in the Room" display at the Smithsonian National Museum of American History.[19]


Walker taught grade school for three years until 1886, when, that same year, on September 14, 1886, in Richmond, she married Armstead Walker Jr. (1860–1915), a brick contractor. Armstead earned a good living, and she was able to leave teaching to take care of her family and work with the Independent Order of St. Luke, which she founded in 1903. Maggie and Armstead purchased a home in 1904. They had four children: (i) Mary Polly Walker (1885–1967), who married H. Maurice Payne; (ii) Russell Eccles Talmadge Walker (1890–1923); (iii) Armstead Mitchell Walker (1893–1894); and (iv) Melvin DeWitt Walker (1897–1935).

On June 20, 1914, Maggie's son, Russell Walker, at age 25, shot and killed his father, Armstead, having mistaken him for a burglar, for whom both he and his father had been searching. Russell was arrested and charged with murder and, after five months awaiting trial, was declared innocent.

The loss left Maggie to manage a large household. Her work and investments kept the family comfortably situated. When her sons married they brought their wives to 11012 East Leigh Street, her home in Richmond's Jackson Ward district, the center of Richmond's African-American business and social life around the start of the 20th century.

Russell, however, never recovered from the incident and after eight years battling depression and alcoholism, died November 23, 1923.[20]


  1. ^ Norwood, Arlisha R. (2017). "Maggie L. Walker". Retrieved July 20, 2020.
  2. ^ "Early Women in Banking," Maggie L. Walker National Historic Site, National Park Service, last updated November 15, 2019
  3. ^ a b c d Marlowe, Gertrude Woodruff (2003). A Right Worthy Grand Mission: Maggie Lena Walker and the Quest for Black Economic Empowerment. Howard University Press. ISBN 0882582119.
  4. ^ ""Find A Grave" – Pvt.Eccles William Max Cuthbert". Find A Grave. Retrieved November 16, 2019.
  5. ^ National Register of Historic Places (April 2018). "St Luke Building Update, page 8" (PDF). Retrieved October 29, 2020.
  6. ^ E. B. Brown, Womanist Consciousness: Maggie Lena Walker and the Independent Order of Saint Luke, Signs, 14, 3 (1989), 610–633; Gertrude Woodruff Marlowe, A Right Worthy Grand Mission: Maggie Lena Walker and the Quest for Black Empowerment (Washington, DC: Howard University Press, 2003).
  7. ^ Tonya, Bolden (January 3, 2017). Pathfinders : the journeys of 16 extraordinary Black souls. New York. p. 53. ISBN 9781419714559. OCLC 928751148.
  8. ^ Kollatz Jr., Harry (December 5, 2016). "Russell House Revival". Richmond Magazine. Retrieved January 6, 2022.
  9. ^ Daina Ramey Berry; Kali Nicole Gross (2020). A Black women's history of the United States. Boston. ISBN 978-0-8070-3355-5. OCLC 1096284843.
  10. ^ Maggie L. Walker National Historic Site, National Park Service
  11. ^ Congressional Record—Extensions of Remarks (April 26, 2001), page E646 "".
  12. ^ Schiele, J. H., M. S. Jackson, & C. N. Fairfax (2005). "Maggie Lena Walker and African American Community Development". Journal of Women and Social Work. 20: 26, 35.
  13. ^ Virginia Historic Landmarks Commission Staff (April 1981). "National Register of Historic Places Inventory/Nomination: St. Luke Building" (PDF). Virginia Department of Historic Resources.
  14. ^ "National Register Information System". National Register of Historic Places. National Park Service. July 9, 2010.
  15. ^ "Determined Spirit," Maggie L. Walker National Historic Site, National Park Service, last updated February 28, 2020
  16. ^ "Legacy," Maggie L. Walker National Historic Site, National Park Service exhibits/Maggie_Walker/legacy.html (accessed June 2, 2017)
  17. ^ "Virginia Women in History 2000 Maggie Lena Mitchell Walker". Retrieved December 13, 2016.
  18. ^ Rosenwald, Michael S. (July 14, 2017). "The first woman to start a bank — a black woman — finally gets her due in the Confederacy's capital". Washington Post. Retrieved July 18, 2017.
  19. ^ "Maggie Lena Walker". National Museum of American History. May 11, 2020. Retrieved July 25, 2020.
  20. ^ "Maggie Lena Walker (1864–1934)," contributed by Muriel Miller Branch, Encyclopedia Virginia, Virginia Humanities, first published April 12, 2010, last modified January 20, 2020; OCLC 957340568 (retrieved April 13, 2020)

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