Solvent Savings Bank and Trust was an African American-owned bank in Memphis, Tennessee, founded in 1906 by Robert Reed Church. It was the first African American-owned bank to achieve $1 million in assets.[1] It merged with Fraternal Savings Bank and Trust in 1927, which failed in 1929.
^Harry H. Pace (February 1927). "The Business of Banking Among Negroes". The Crisis. The Crisis Publishing Company, Inc. p. 187.
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