Friday May 2nd, 2025 11:16PM

Only black-owned bank in southeast Georgia turns 75 today

By
SAVANNAH - The only black-owned financial institution in southeast Georgia turns 75 Saturday. <br> <br> Carver State Bank was founded in Savannah in 1927 by Louis Toomer, who wanted to give his neighbors the financial tools they weren&#39;t allowed to get at a white-owned bank. The bank&#39;s original name was Georgia Savings and Realty Corporation, and it helped finance many of the first black-owned businesses and homes along Georgia&#39;s coast. <br> <br> Bank employees will celebrate the birthday this afternoon with a party in Savannah.
  • Associated Categories: State News
© Copyright 2025 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.