Maggie Lena Walker established the bank in Richmond, Va., in 1903 as the St. Luke Penny Bank. Consolidated Bank & Trust is one of the first financial institutions founded and led by a woman in the United States. Loan products and services available include commercial term loans and lines of credit, commercial real estate loans, investor real estate loans, construction and rehab loans, Small Business Administration guaranteed loans and consumer personal and auto loans. Deposit products and services offered include commercial checking accounts, personal checking accounts, savings accounts, penny savings accounts for children, money market accounts, certificates of deposits and individual retirement accounts. Merchant credit card and online banking services are also available.