Banking on a New Orleans' tradition: a group of Black investors has purchased one of Crescent City's oldest banks.

Black EnterpriseVol. 25 Nbr. 10, May 1995

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Summary


Dryades Savings Bank

Dryades Savings Bank is Black-owned and developed from a failed savings and loan bank sold by the Resolutions Trust Corp. The original bank was 95 years old and had mainly a white clientele. The new owners seek customers from all sectors. Plans for the bank are discussed.

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Banking on a New Orleans' tradition: a group of Black investors has purchased one of Crescent City's oldest banks.

When the last failed savings and loan in Louisiana was auctioned off by the Resolution Trust Corp., the newest black-owned bank in the Deep South--Dryades Sa...

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