other women to board positions . The bank eventually merged with two others in the Richmond area to become The Consolidated Bank and Trust Company . Walker served as Chair of the board .
During her time in finance , Walker ’ s greatest achievement was the dedication and tireless support she provided to women and Black communities until her death in 1934 . Raising funds for underprivileged school-aged girls , sanatoriums and nursing homes in Black neighbourhoods , Walker ’ s humanity was truly boundless .
In 1925 , Virginia Union University granted her an honorary Master of Science degree . Although this was the only indication of a future legacy to be bestowed during her lifetime , subsequent homages to Walker ’ s memory include the Maggie L . Walker High School in Richmond , a posthumous induction into the Junior Achievement US Business Hall of Fame ( 2001 ), and a bronze statue of her likeness on Broad Street in Richmond ( 2017 ).
It may seem incredible that she managed to set a new precedent in female-led finance at the dawn of the 20th century , yet Walker ’ s story is a testament to the good that banking institutions can yield with the right visionary leadership at the helm . Now more than ever , we must seek guidance and inspiration from her example for the challenging times that still lay ahead . fintechmagazine . com 19