Norton

9781324073857

STARRED REVIEW

Savings and Trust

Justene Hill Edwards’ incisive Savings and Trust chronicles the formation and failure of the Freedman’s Bank, and reveals the deep history of the racial wealth gap.

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Review of ‘Savings and Trust’

Justene Hill Edwards’ incisive Savings and Trust: The Rise and Betrayal of the Freedman’s Bank examines a noble idea destroyed by corruption. The idea emerged at the end of the Civil War when John Alvord, a Congregational minister and antislavery activist, realized that newly emancipated people would need a banking institution they could trust. Drawing…

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