Alabama Penny Savings Bank was the first black-owned bank in Alabama and financed construction of homes and churches for thousands of local black citizens.
[1] Alabama Penny Savings Bank was founded by William Reuben Pettiford in 1890.
[3] Branches of the bank were established in Selma, Anniston, and Montgomery.
[4][3] Victor Tulane and William J. Robinson ran the Montgomery branch.
This article about a property in Alabama on the National Register of Historic Places is a stub.