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Article: North Carolina Mutual Nation's Largest African American Life
- Article from:
- Oakland Post
- Article date:
- February 24, 1999
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Oakland Post
02-24-1999
North Carolina Mutual Nation's Largest African American Life Insurance Company
Throughout its long and illustrious history, North Carolina Mutual has been more than a business institution -- it has been a symbol; a symbol of the faith, courage, initiative, determination, perseverance and integrity of African-American people.
The North Carolina Mutual and Provident Association was organized in October, 1898, and began business on April 1, 1899. When the company was reorganized in 1900, John Merrick, Dr. Aaron M. Moore, two of the original founders, and Charles C. Spaulding formed the company's management team. For the next five years the association limited its ...