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Bank of the United States (1791-1811)



  • Existence: 1791 - 1811

In February 1791, the First Bank of the United States (1791-1811) received a unique national charter for twenty years. Alexander Hamilton’s brainchild, a semi-public national bank, was a crucial component in the building of the early U.S. economy. The Bank prospered for twenty years and performed traditional banking functions in exemplary fashion. With a main office in Philadelphia and eight branches nationwide to serve its customers, the Bank’s influence stretched along the entire Atlantic seaboard from Boston to Charleston and Savannah and westward along the Gulf Coast to New Orleans.

Found in 2 Collections and/or Records:

Bank of the United States Note

Webster Mss 824371
Identifier: Mss 824371
Overview In English.

Count Benjamin Thomas Rumford letter

Rumford Mss 795602
Identifier: Mss 795602
Scope and Contents Two page letter from Count Benjamin Thompson Rumford, Power of attorney in London to the President Directors and Company of the Bank of the United States gives his power of attorney for collection of interest on all stocks standing to his name in the books of the Treasury of the United States.