Historic Markers Across Georgia



Louis B. Toomer: Founder of Carver State Bank



Marker ID: GHS 25-60
Location: Chatham Square, Barnard Street, Savannah, GA
County: Chatham
Coordinates: N 32° 4.321    W 081° 5.814
  32.07201666    -81.0969
Style: Free Standing **
Waymark: None
 



Text:

Louis B. Toomer:
Founder of Carver State Bank


Louis Burke Toomer, African-American leader, local bank founder, and realtor, was born in Savannah in 1897. Raised and educated locally, Toomer established the Georgia Savings and Realty Corporation on February 23, 1927, in the historic black business district on West Broad Street. During segregation, the company provided banking, investment, and insurance services for blacks who were not always allowed access to white banking establishments. In 1947, the name of the corporation changed to The Carver Savings Bank, and it was converted to a state-supervised savings bank. It became The Carver State Bank in 1962. A staunch Republican who served as a delegate at three GOP conventions, Toomer was appointed Register of the Treasury (1953-1956) by President Dwight D. Eisenhower. Toomer died in 1961 and a bronze sundial was erected in his honor in 1964 in Chatham Square.





2018.6 Sponsored by the Georgia Historical Society
and Carver State Bank
25-60



 
Notes:

Dedicated on Thursday, June 7, at 11:00 a.m., in Chatham Square in Savannah, GA.

 

025-HS60