Bank · est. 1799
JPMorgan Chase
Predecessor banks accepted ~13,000 enslaved people as loan collateral and came to own about 1,250.
← Follow the MoneyIn a 2005 disclosure, JPMorgan Chase acknowledged that two predecessor banks in Louisiana — Citizens Bank and Canal Bank — accepted enslaved people as collateral on loans between 1831 and 1865, taking ownership when planters defaulted. The bank apologized and funded scholarships.
Documentation
The web
Connections to other moments, systems, and investigations — the links rarely drawn together.
- profited from·ThreadChattel Slavery
Predecessor banks took enslaved people as loan collateral.