The Penny Savings Bank of Birmingham, founded by William R. Pettiford, was the first black-owned banking institution in Alabama. It operated from 1890 to 1915.
Penny Savings Bank
Courtesy of the Birmingham Public Library Archives
The Penny Savings Bank of Birmingham, founded by William R. Pettiford, was the first black-owned banking institution in Alabama. It operated from 1890 to 1915.