Point 7: Henderson Bank Building
118 Jefferson Street and corner of Spring Street
On the site of the Henderson Bank Building once operated the Huntsville Branch of the Freedman’s Saving and Trust Company, or the Freedman’s Bank, located in the Huntsville Hotel (1858-1911). Established by President Abraham Lincoln in 1865, the Bank provided freed people a place to deposit their money in their pursuit of financial stability.
Unable to withstand the Panic of 1873, the Freedman’s banking system closed in 1874.