Capital Savings Bank was a historic African American-owned bank that was established in Washington, D.C. in 1888. It was founded by noted abolitionist and Civil War veteran John Francis Cook, along with other African American business leaders, with the mission of serving the financial needs of the Black community.

Capital Savings Bank played a vital role in providing banking services to African Americans at a time when they were often denied access to mainstream financial institutions due to systemic racism and discrimination. The bank offered savings and checking accounts, loans, and other financial services that helped empower the Black community and support economic development.

During the early 20th century, Capital Savings Bank became one of the largest Black-owned banks in the United States and was a symbol of economic independence and self-reliance for African Americans. The bank continued to serve the Black community for many decades, weathering economic challenges and providing essential financial support to its customers.

Unfortunately, like many Black-owned banks, Capital Savings Bank faced financial difficulties over the years and eventually closed its doors in the 20th century. However, its legacy lives on as a pioneering institution that played a significant role in Black history, economic empowerment, and the fight for financial inclusion and equality.