Capital Savings Bank was a historic Black-owned bank that was established in Washington, D.C. in 1888. It was founded by Alexander Crummell, who was a prominent Black intellectual and advocate for civil rights. The bank was one of the few financial institutions that served the African American community during a time when racial segregation and discrimination were rampant in the United States.

Capital Savings Bank played a crucial role in providing financial services to the Black community, including loans for businesses and homeownership opportunities. It served as a symbol of economic empowerment and self-sufficiency for African Americans at a time when they faced significant barriers to financial inclusion and economic advancement.

The bank faced challenges due to systemic racism and economic inequalities, but it continued to operate for several decades, serving as a beacon of hope and resilience for the Black community. Capital Savings Bank's legacy as a pioneer in Black banking and economic empowerment remains an important part of Black history.