The Africatown Community has declared The Liberty Bank of Seattle an Historical and Cultural Preservation site. Liberty was chartered in 1968 and was the Pacific Northwest’s first and only black owned bank.
The property address is 2320 E Union WA 98122 located where the old Key Bank now stands. Liberty Bank was brought into a legal lawsuit in the early 1990′s.
The Seattle Historic Preservation Program.
In 1970, the Seattle City Council secured Pioneer Square’s survival with the City’s first historic preservation district, and voters approved an initiative for the Pike Place Market historic district two years later.
In 1973, the Seattle City Council adopted a Landmarks Preservation Ordinance to safeguard properties of historic and architectural significance around the city.
Historic Preservation Program.
Whether it’s a 19th century log house, an Art Deco school or a prehistoric shell midden, these places are silent witnesses to the history of King County and to its people’s lives and cultures.
The Africatown Community feels it is in the best interest of the community as a whole, for its only black owned bank to be designated a Historical and Preservation site.
To read more regarding the lawsuit that involved Liberty Bank, refer to the link below:
Liberty Bank – FDIC Certificate #:27268
940 F.2d 465: Federal Deposit Insurance corporation, As Receiverfor Liberty Bank of Seattle, Plaintiff, v. Sim Henderson, et al., Defendants.J.Thomas Wood; Barbara Wood, Husband and Wife, Defendants-counter-claimants-plaintiffs-appellants, v. Thomas Oldfield, Counter-defendant-appellee.