In Memoriam

Jesse Edward Gloster (1915-2008)

Jesse Gloster, a Houston-area business leader and professor of economics at Texas Southern University for more than three decades, has died at a nursing home in Houston. He was 93 years old.

Founder of the first bank in the Houston area owned by African Americans, Gloster provided credit to many small black businesses. He joined the faculty at Texas Southern University in 1949 and continued to teach there until his retirement in 1982.

  Dr. Gloster, a native of Ocala, Florida, was a graduate of Lincoln University of Pennsylvania. He held a master’s degree and a Ph.D. in economics from the University of Pittsburgh.