Statement from Stephanie Hightower, President and CEO of the Columbus Urban League, expressing support and appreciation for renaming the U.S. Treasury Annex Building the Freedman’s Bank Building.
Columbus Urban League: Appreciation to U.S. Treasury for the Renaming of the Freedman’s Bank Building
“Albert Hoover, Rebecca Massey, Sarah Johnson – those are just three people connected to Central Ohio who are listed among the estimated 70,000 customers of the Freedman’s Bank. Founded with the idea that smart financial management is integral to full participation in a free economy and democracy, this one-of-a-kind institution deserves to be remembered. Thank you President Obama and Treasury Secretary Lew for honoring its legacy.
“Just as important, the keys to overcoming deeply embedded poverty lie in returning to the founding ideal of Freedman’s Bank – that educated financial consumers can more fully participate in our economy and democracy. We should not forget this tenet. Even more, we should rededicate ourselves to achieving financial stability for everyone in our community.”