"How does a woman become eligible to run a bank?" ~ pg. 77
Give Her Credit: The Untold Story of a Women's Bank That Empowered a Generation tells a true story of remarkable women that changed the financial game. These women did not play by the rules. Instead, they changed them and made history.
Feminism began sweeping the nation in the 1970s. But not in every sector. Banking and finance was still the boy's club. Women needed a male co-signer. Income was completely ignored or considered unreliable. Loan applications would include invasive questions about birth control. It wasn't until 1978 that women were given access to lines of credit without a man "vouching" for her. The Women's Bank in Denver, Colorado, would operate like other banks with one caveat: women would be treated fairly and given the same financing/business opportunities usually reserved for men.
"Ostensibly a 'women's' law, the Equal Credit Opportunity Act of 1974 does nothing for the woman who happens to be black, or Spanish-speaking, or Indian, or under 26 or over 55, or for men, either, in those categories." ~ pg. 27
In just under 200 pages, we are introduced to a slew of characters. Most are the founders and members involved in the opening of Women's Bank. Others are women who struggled to become entrepreneurs but was granted a loan and given financial advice at the Women's Bank. And the stories I took a liking to most were of the women who made a career in banking, starting from a messenger girl to coin wrapper girl to businesswomen on Wall Street. While I appreciated the many examples, it was still too much jammed into so few pages.
These women came together to build the most successful female-run bank in the nation. Give Her Credit tells their story—the challenges and the achievements. From the rounded countertops design to control of the stock. It is inspiring, revolutionary and will give female readers a jolt of pride. On the same coin, this nonfiction book is a blaring reminder that history can, and often does, repeat itself. Hence, here we are in 2024 fighting for women's rights and equal pay. Deliberate timing on the author's or publisher's part? Hmmm...
Bookhearts, I recommend reading this appropriately titled new book when it releases in the new year. Give Her Credit where credit is due!
Happy Early Pub Day, Grace L. Williams! Give Her Credit will be available Tuesday, January 1, 2025.
Disclaimer: An advance copy was received directly from the publisher in exchange for an honest review. Opinions are my own and would be the same if I spent my hard-earned coins. ~LiteraryMarieTitle:
Give Her CreditAuthor: Grace L. Williams
Published: January 2025
Pages: 185
Edition: Galley
Genre: Historical Nonfiction
Rating: π€ π€