Bank of North America

E182360

The Bank of North America was the first chartered commercial bank in the United States, established in the 1780s to stabilize the young nation's finances after the Revolutionary War.

All labels observed (1)

Label Occurrences
Bank of North America canonical 1

How this entity was disambiguated

Statements (45)

Predicate Object
instanceOf commercial bank
historic bank
associatedWithEvent American Revolutionary War
post-Revolutionary War economic stabilization
charterDate 1781
charteredBy Pennsylvania
surface form: Commonwealth of Pennsylvania

Continental Congress
continent North America
country United States of America
surface form: United States
currencyIssued Bank of North America banknotes
dissolved early 20th century
firstPresident Thomas Willing
foundedBy Alexander Hamilton
Robert Morris
United States Congress
hasLanguage English
hasType publicly chartered bank
headquartersLocation Philadelphia
historicalRegion Early United States
Thirteen Colonies
inception 1781
industry banking
jurisdiction Pennsylvania
United States government
surface form: United States federal government
legalForm corporation
locatedIn Pennsylvania
Philadelphia
mergedInto Commercial National Bank of Philadelphia
namedAfter North America
notableEmployee Thomas Willing
openedToPublic 1782
operatedIn 18th century
19th century
partOf early financial system of the United States
product banknotes
commercial banking services
deposits
loans
purpose provide credit to the Continental government
stabilize the finances of the United States after the American Revolutionary War
regulator Pennsylvania state agencies
surface form: Pennsylvania state authorities

U.S. federal agencies
surface form: United States federal authorities
significance first chartered commercial bank in the United States
precursor to the early American banking system
successor Commercial National Bank of Philadelphia

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Robert Morris helpedFound Bank of North America