Adams National Bank Feud Elicits Sexism From an Unlikely Quarter

The Washington Post | May 12, 1994| | Copyright

Fearing a loss of control through the sale of a majority stake in their institution, directors of Adams National Bank have resorted to sexism, the very thing that the bank's founders hoped to overcome.

Perceiving the plan as an assault on gains by women, Adams National's directors contend New York's Citibank will destroy Adams's mission by selling Citibank's majority stock interest to a group of black former military officers.

Chartered in 1977 as Women's National Bank, Adams National was founded to serve the banking needs of women, primarily, and minorities. Organizers of Adams ...

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