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1791 Bank of the US

This was the first bank of america

signed by George Washington. In 1811

Future home of the Civil War Museum of Philadelphia
Oldest bank building in America
Considered the oldest building in America with a classical facade
Bank charter was in effect for only 20 years
It cost $110,168.05 to build!

Second bank

The Second Bank was founded after the War of 1812 when it was realized that without a national bank it would be impossible to fund another war such as the one just fought

located in Philadelphia, Pennsylvania, was the second federally authorized Hamiltonian National Bank in the United States

1863 National Banking Act,

The National banking Act, passed by Congress during the Civil War, established a system of nationally chartered banks and required the currency issued by them to be backed by government securities. The act was subsequently amended to also require the taxation of state currencies, but not of national bank notes. This produced the intended effect of creating a uniform national currency. State banks and respective currency, none-the-less, continued to expand

The federal reserve act

The Federal Reserve Act created the Federal Reserve System (the Fed). The Fed serves as the central bank of the United States. The Act created a banking system consisting of both private and public organizations. It established 12 regional Federal Reserve Banks.

Great depression

The Federal Reserve Act created the Federal Reserve System (the Fed). The Fed serves as the central bank of the United States. The Act created a banking system consisting of both private and public organizations. It established 12 regional Federal Reserve Banks.

Gramm leach

The Gramm-Leach-Bliley Act requires financial institutions – companies that offer consumers financial products or services like loans, financial or investment advice, or insurance – to explain their information-sharing practices to their customers and to safeguard sensitive data.