Historical Marker

Citizens Savings Bank and Trust Company

Nashville, Davidson County · Tennessee

James C. Napier, one of the bank's founders, was born into slavery in Nashville in 1845 and studied at Oberlin before taking a law degree at Howard in 1872. He became the first Black president of the Nashville city council and organized the city's chapter of the National Negro Business League in 1905. President Taft appointed him Register of the Treasury in 1911; Napier resigned in 1913 in protest after Woodrow Wilson ordered segregation of federal workspaces. He married Nettie Langston, a daughter of John Mercer Langston, and died in Nashville in 1940.

What the plaque says

Citizens Savings Bank and Trust Company (Obverse) Citizens Savings Bank and Trust Company is the oldest, continuously operated African-American bank in the United States. Formerly known as the One-Cent Savings Bank and Trust Company and organized for the uplift of African Americans, it opened on January 16, 1904. African-American Nashville leaders Richard H. Boyd (president), James C. Napier (cashier-manager), and Preston Taylor (chairman) were among the bank's principal founders and officers. (Reverse) Other founders and officers included C. N. Langston (teller), J. B. Bosley, William Haynes, J.W. Grant, E.B. Jefferson, T. G. Ewing, and J. A. Cullom. As the depository for the Defense Fund of the Afro American Council, the bank helped fund the African-American civil rights movement in 1906. The One-Cent Savings Bank and Trust Company, Nashville's first African-American owned bank, changed its name to Citizens Savings Bank and Trust Company in 1920.

Where it stands

36.16891, -86.81021 · Directions

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