[Review] Savings and Trust: The Rise and Betrayal of the Freedman's Bank (Justene Hill Edwards) Summarized.

Savings and Trust: The Rise and Betrayal of the Freedman's Bank (Justene Hill Edwards) - Amazon USA Store: https://www.amazon.com/dp/1324123486?tag=9natree-20 - Amazon Worldwide Store: https://global.buys.trade/Savings-and-Trust%3A-The-Rise-and-Betrayal-of-the-Freedman%26%23039%3Bs-Bank-Justene-Hill-Edwards.html - Apple Books: https://books.apple.com/us/audiobook/savings-and-trust-the-rise-and/id1769695751?itsct=books_box_link&itscg=30200&ls=1&at=1001l3bAw&ct=9natree - eBay: https://www.ebay.com/sch/i.html?_nkw=Savings+and+Trust+The+Rise+and+Betrayal+of+the+Freedman+039+s+Bank+Justene+Hill+Edwards+&mkcid=1&mkrid=711-53200-19255-0&siteid=0&campid=5339060787&customid=9natree&toolid=10001&mkevt=1 - Read more: https://english.9natree.com/read/1324123486/ #FreedmansSavingsandTrustCompany #Reconstructionerabanking #Blackdepositorsandsavings #racialwealthgap #financialbetrayal #SavingsandTrust Savings and Trust: The Rise and Betrayal of the Freedmans Bank by Justene Hill Edwards is a work of narrative economic history that examines the first major financial institution created to receive deposits from African Americans after emancipation. Centered on the Freedmans Savings and Trust Company, the book traces its founding in the hopeful aftermath of the Civil War, its rapid expansion, and its catastrophic collapse in 1874. Edwards uses the banks story to show how financial institutions can shape freedom, citizenship, and racial inequality far beyond their balance sheets. Rather than treating the bank failure as a simple case of poor management or Black depositor naivety, the book argues that white political and business actors in Washington, D.C. steered it toward disaster. The result is a careful reconstruction of Reconstruction era finance that connects banking history to the long afterlife of racial wealth disparities in the United States.