Women's National Bank (Washington, D.C.) Explained

Women's National Bank
Industry:	Financial services
Foundation:	1977
Hq Location:	1627 K Street N.W., Washington,. D. C, U.S.

The Women's National Bank in Washington, D.C. was the first nationally chartered women's bank in the United States.^[1] It was incorporated in 1977,^[2] after the passage of the Equal Credit Opportunity Act.^[3] It was also the "first women's bank to become a member of the Federal Reserve System". Its first president was Emily H. Womach."^[4]

The bank was proposed in 1974, and was initially denied a charter in 1976.^[5]

It changed its name to The Adams National Bank in 1986.^[6] Adams National Bank was acquired by Premier Financial Bancorp in West Virginia, changing its name to Premier Bank in 2011.^[7]

External links

• archival newspaper articles assembled on Elisabeth Scott Porter website (Founder & Director, The Women's National Bank (Adams National Bank))

Notes and References

1. Web site: Rudolph . Katie . 'A Bank For All People': Remembering The Women's Bank . Special Collections and Archives . Denver Public Library . 28 October 2024.
2. Web site: Abigail Adams National Bancorp, Inc. . www.encyclopedia.com . 28 October 2024.
3. Web site: Bennett . Karen . Women And Banking: 50 Years Of Progress . Bankrate . 28 October 2024 . 28 May 2024.
4. Web site: Womach . Emily H. . The Women's National Bank — a Successful Business Venture . American Journal of Small Business . 28 October 2024 . 8–10 . en . 10.1177/104225878100500303 . January 1981.
5. Web site: U.S. Refuses To Charter D.C. Women's Bank. Washington Post . 28 October 2024.
6. Web site: History of Abigail Adams National Bancorp, Inc. . FundingUniverse . 28 October 2024.
7. Web site: Adams National Will Merge with W.Va. Bank . Washington Post via Proquest . 28 October 2024 . en.