Phoenix Bank of Nansemond facts for kids
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Phoenix Bank of Nansemond
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U.S. Historic district
Contributing property |
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 Location in Virginia
Location in the United States
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| Location | 339 E. Washington St., Suffolk, Virginia |
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| Area | less than one acre |
| Built | 1921 |
| Architectural style | Chicago, Commercial Style |
| NRHP reference No. | 90002159 |
Quick facts for kids Significant dates |
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| Added to NRHP | January 24, 1991 |
The Phoenix Bank of Nansemond is an old bank building in Suffolk, Virginia. It was built in 1921. The building is made of brick and has two stories. It was a very important place for the African-American community in Suffolk and Nansemond County during the early 1900s.
What is the Phoenix Bank of Nansemond?
The Phoenix Bank of Nansemond was a special bank. It was started in 1919 by a group of African-American business people. At that time, it was hard for African Americans to get loans or banking services from other banks.
Why Was This Bank Important?
This bank helped many people. It gave loans to African-American farmers and workers. This allowed them to buy land, start businesses, or improve their homes. The bank helped the community grow and become stronger. It showed that African Americans could create and run successful businesses.
The bank stayed open until 1931. This was during a very tough time called the Great Depression. Many banks closed during this period.
What Does "Historic Place" Mean?
The Phoenix Bank of Nansemond building is now a protected historic site. It was added to the National Register of Historic Places in 1991. This means it is an important building that tells a part of American history. It is also part of the Suffolk Historic District, which is an area with many old and important buildings.
