March 31, 2024

A marker from the Tennessee Historical Commission recognizes Columbia’s Freedmen’s Savings Bank and Trust at the intersection of East 8th Street and North Main Street on Thursday, June 17, 2021. The bank was established in Columbia in 1870. The Freedman’s Bureau Banks were chartered by U.S. Congress and signed into law by President Abraham Lincoln in 1865. It was primarily used by soldiers who had served in the U.S. Colored Troops, who received back pay and bonus payments for enlisting.

Editor’s Note: This article is part of an ongoing series exploring Black history in Columbia and Maury County during Black History Month.

Long before hip shops, restaurants and a winery opened on Columbia’s East 6th Street making the area a favorite weekend romp, Columbia was a center point for the nation’s transition into a more inclusive future.

The revitalized section of downtown Columbia was briefly home to Freedmen’s Savings and Trust Bank, providing a place for newly-freed slaves to hold their assets, some of whom collected pay for serving in the Union Army.

The local branch was established by Samuel M. Arnell and James P. Baird, who established the Columbia bank in a room over the McGaw Livery Stable, located at the intersection where the marker now stands in the shadows of an injury law firm.

A historic maker was installed at Freedmen's Savings Bank and Trust Company site in Columbia at North Main and 6th Street in 2020. (Left) Tom Price, director of the Maury Archives; Eric Cox, director of the society; Jo Ann McClellan, society president; Dr. Lea Williams, professor of history at TSU and keynote speaker at the dedication program; Tony Massey, city manager; Walter Mitchell, society vice president and Rep. Scott Cepicky, R-Culleoka.

A historic maker was installed at Freedmen’s Savings Bank and Trust Company site in Columbia at North Main and 6th Street in 2020. (Left) Tom Price, director of the Maury Archives; Eric…

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