"A banker-priest is really no more strange than an educator-priest or a social worker priest."
Milton Moran Weston II (1910–2002)
Columbia College 1930, PhD 1954, STD 1969 (hon.)
The longtime rector of one of Harlem's most prominent churches, M. Moran Weston also helped to found Carver Federal Savings Bank—the largest independent financial institution in the United States owned by African Americans—and provided housing for thousands of New Yorkers. A supporter of numerous progressive causes, Weston trained as a theologian in the 1930s and 1940s while employed as a social worker. All the while he wrote his "Labor Forum" column in the Amsterdam News and organized civil-rights rallies at Madison Square Garden. In the mid-1940s, Weston became associated with St. Philip's Episcopal Church, establishing an affiliated credit union in 1945. Two years later he became a real-estate broker, and in 1948 joined 14 others to charter the Carver Federal Savings Bank in order to help black homeowners obtain first mortgages. (Today, Carver boasts 530 million dollars in assets.) Weston became the rector at St. Philip's in the late 1950s, and in that capacity oversaw the construction of housing developments, a community center, a nursing home, and treatment centers, among other projects. He served on many charitable boards over the years, and upon his 1982 retirement became rector emeritus.