Rodney A. Brooks' Law Talk Podcast Interview with Ethel Mitchell, Attorney, Wills and Trusts LLC
Rodney A. Brooks discusses his new book, The Rise and Fall of The Freedman's Bank. Listen to the entire interview... https://willsandtrusts.net/portfolio-item/episode-63-what-happened-to-the-freedmens-bank/

The author tells the history of the Freedman’s Savings Bank, how it grew much too quickly, why it failed and the impact on Black America. The Freedman’s Bank offered a safe depository for formerly enslaved people, expanded quickly and gained millions in deposits – mostly ranging from $5 to $50. But inexperience and corruption doomed it to failure, costing may of the small depositors their savings.


