Capital Savings Bank, also known as the Capital Savings Bank of Washington, D.C., was a historic African American-owned bank that played a significant role in the financial landscape of the Black community in the early to mid-20th century. Founded in 1888 by John Whitelaw Lewis, Capital Savings Bank was one of the very few Black-owned banks in the United States at that time.

The bank provided essential financial services to African Americans who faced discrimination and limited access to mainstream banks during the era of segregation. Capital Savings Bank offered savings accounts, loans, and other banking services to the Black community, helping individuals and businesses prosper and thrive.

John Whitelaw Lewis, the founder of Capital Savings Bank, was a prominent African American businessman and civil rights activist. He was dedicated to promoting economic empowerment and financial independence among African Americans, and the establishment of the bank was a testament to his commitment to advancing the economic well-being of the Black community.

Capital Savings Bank was a symbol of economic self-reliance and resilience in the face of systemic racism and discrimination. It served as a vital institution that not only provided financial support but also fostered a sense of pride and solidarity within the Black community.

Unfortunately, like many Black-owned banks of that era, Capital Savings Bank faced challenges due to economic instability and regulatory restrictions. The bank ultimately closed in 1993. However, its legacy continues to inspire and remind us of the importance of Black-owned financial institutions in promoting economic empowerment and social progress within the African American community.