Friday, June 29, 2018

Friends, relatives and business leaders pay tribute to Jesse H. Turner Jr.

Jesse H. Turner Jr., accompanied by his wife Joyce Hays Turner, chats with a supporter
who celebrated his retirement on June 20 after serving as president of Tri-State
Bank of Memphis. (Photo by Wiley Henry)
Friends, relatives and business leaders gathered June 20 underneath a tent on the parking lot of the Tri-State Bank of Memphis in the Whitehaven community to pay tribute to the bank’s president for his decades of service.
There was an intermittent drizzle and then a quick shower of rain at the most inopportune moment. But the inclement weather on that evening didn’t stop the retirement celebration for Jesse H. Turner Jr.
“This is about legacy,” Dr. Lucy Shaw Henderson, the bank’s board chair, explained to the 100-plus attendees. “We are what’s called a legacy bank. The Turner family is a significant part of that legacy.”
The legacy began in 1946, the year A. Maceo Walker and his father, Dr. Joseph Edison Walker (founder of the Universal Life Insurance Co.), founded the bank to serve the financial needs of the African-American community.
In 1949, Jesse H. Turner Sr., an ex-U.S. Army officer and CPA, was hired to balance the bank’s books. He would work his way through the ranks to become the bank’s president.
During the 1950s and ’60s, when the civil rights movement was reaching a boiling point, bank officials reportedly kept the vault open one night to provide bail money for protesters.
There were other incidents as well where the bank’s resources were doled out to support a cause or loaned to churches, organizations and black colleges. Community service was key to the bank’s legacy.
After the death of the elder Turner in 1989, his son replaced him as president in 1990. He had been a board member since 1983, served as chairman from 1994 to 2011, and CEO from 1989 to 2016. He’s stepping down from the helm, but will remain on the board.
“It was under Jesse’s leadership that this bank grew and prospered,” boasted William H. “Bill” Bufford, noting that Turner worked countless hours to steer the bank in the right direction.
The daylight hours often spilled over into the night, Bufford and the others at the podium attested. It was customary, they said, to get a call from Turner with something on his mind that he needed to discuss.
But that has been Turner’s modus operandi, each speaker noted. He is gentle, soft-spoken – as he is known – and to the point. So when Turner called after hours, the receiver would listen intently. 
Meanwhile, Turner continued to keep abreast of the latest trends in banking and sought to keep Tri-State Bank solvent. Unfortunately, time brings about a change and banking institutions often look for innovative ways to increase deposits.
In January 2016, Tri-State Bank announced the sale of its headquarters, a 23,000-square-foot building at 180 South Main St., to Beltz Investco GP for $3 million. The deal included Beltz becoming a depositor and stockholder.
The infusion of funds and the repositioning of the bank’s operations, including the $1 million renovation of its Whitehaven location, helped to extend the life of the black-owned bank.
Alden McDonald, president, CEO and founder of Liberty Bank & Trust in New Orleans, La., knows a lot about the banking industry and particularly the trials of black-owned banks.
McDonald has spent the last 50-plus years of his life in banking and laments the struggles that black bankers endure to stay competitive. “There was once 100 African-American banks [in the U.S.],” he said. “Today, it’s less than 20.”
McDonald and Turner are friends. He, too, has survived periods of financial instability. “We’ve gone through some serious times – all of us,” he said, and urged the assembly to pass down the message that institutions like Tri-State Bank are important.
Darrell K. Thomas, owner of Thomas Consultants, echoed McDonald’s sentiments. “Everyone has challenges, but this has been a great bank,” said Thomas, noting that he may be one of the bank’s largest depositors.
He added, “We need Tri-State Bank to succeed.”
Turner expects the next generation of bankers to grab hold of the legacy and steer the bank toward greater prosperity. “The final task of any generation is to hand the bank over to the next generation,” he said.

Wednesday, June 13, 2018

Sickle Cell Awareness Concert benefits St. Jude

Christen Dukes (third from left on trombone) and his friends play Minglewood Hall
to raise funds for St. Jude Children's Research Hospital, where he received treatment
for sickle cell anemia. (Photo by Wiley Henry)
Christen Dukes has struggled with sickle cell anemia since birth 22 years ago. He weighed a mere 2 lbs. and hasn’t forgotten the doctors and the hospital that kept him alive.
On Friday, June 8, Dukes, a stellar musician, hosted his 5th Annual Sickle Cell Awareness Benefit Concert at Minglewood Hall. Proceeds from the ticketed event benefited St. Jude Children’s Research Hospital.
It takes $2.2 million a day to operate St. Jude, which has one of the largest sickle cell treatment programs in the country. Approximately 75 percent of the funds necessary to sustain and grow St. Jude come from public contributions.
Dukes started contributing to the hospital’s bottom line to say thanks and to create awareness of the ravaging blood disease. Albeit minuscule to some, the money is a token of his appreciation.
He set this year’s goal at $10,000 and entreats friends and supporters to contribute.
“This has grown tremendously than when I first started,” said Dukes, a senior at Visible Music College in Memphis majoring in music engineering and production/performance. He’s also studying the business of music.
“I can see it [benefit concert] going places than when I first envisioned it,” he added.
Dukes plays a mean trombone. This was evident when he and his band of musician friends – Ebony Angel, Christopher Patrick Bounds, The PRVLG, Cameron Bethany, Tia Henderson, Chordz, Deonna Pruitt, and others – played a two-hour jam session.
Some of the musicians and singers – equally adept at delivery and performance – are Dukes’ college-mates; some of them are from Stax Music Academy, where he graduated high school and is now a member of the Stax Music Alumni Band.
“Since he first started this project, his friends have been so supportive and have done everything to help him,” said Katherine Williams, Dukes’ mother. “When he calls on them, they are there.”
Williams is Dukes’ staunchest supporter. She’s his rock too. “She’s amazing,” said Dukes, underscoring the point that she’s been by his side since birth. “Some parents will support their kids, but her support is beyond normal.”
She’s not shy or reticent to return kudos either. “I think he’s doing a great work for a great cause. It’s something that’s greatly needed,” said Williams, adding, “It’s an awesome thing to give back and make a difference.”
Dukes is encouraging people to get tested and screened for sickle cell. “He’s helping those within his circle,” Williams said. “Now his friends know more about sickle cell. They know that it’s inherited from birth.”
“It makes me feel good that I’m able to give back and help others through this event and any other thing that I’m doing,” he said. “It makes me feel good that I’m doing something meaningful.”
Sometimes disappointment flares up like the pain that Dukes feels on a bad day. Still, he forges ahead, dismissing disappointment and encouraging himself to carry on come what may.
When Dukes launched his first benefit concert, the crowd was relatively small. Perhaps they were trying to get a feel for what Dukes was trying to accomplish. “I told him not to be discouraged,” Williams said then. “It’s a good cause.”
The benefit concert continues to grow – from a church venue to a more relaxed, intimate setting at Minglewood, where supporters were able to mingle and lounge at draped tables and partake of hors d’oeuvres.
While Dukes and his friends were belting out instrumentals and solo-led adaptations of familiar songs, their overall performance could have rivaled any seasoned performer. Preserving the moment, Terry Dukes focused his camera lens and fired the shutter.
In addition to music, Dukes is learning photography from his father. He hopes to be just as gifted as a photographer as he is a trombonist. “He’s showing me the ropes,” Dukes said.
It’s another opportunity that Dukes doesn’t take lightly. His father, who is proud of his son’s advocacy and philanthropy, has been front and center at each benefit concert with his camera ready to frame the moment.
“I look up to him for wisdom,” Dukes said. “I can depend on my dad.”
Dukes and his mother are already thinking about next year’s benefit concert for St. Jude. “I don’t plan on stopping,” he said.