The Rev. Dr. M. Moran Weston, led one of Harlem’s most prominent churches, helped found what became the nation’s largest #black-owned financial institution and built housing for thousands.,
In 1948, Dr. Weston joined with 14 others to found the Carver Federal Savings Bank. He was principally responsible for raising the $250,000 for a federal charter after the state had denied it a charter. He went on to serve as both president and chairman of Carver, which today describes itself as the largest independently owned black financial institution.
He saw no oddity in a priest’s being a banker.
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