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 7

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 Commonwealth of Pennsylvania ⓘ
linked to: Pennsylvania

Continental Congress ⓘ
continent North America ⓘ
country 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 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 authorities ⓘ
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 (7)

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

Robert Morris → helpedFound → Bank of North America ⓘ
Commercial National Bank of Philadelphia → absorbed → Bank of North America ⓘ
Thomas Willing → employer → Bank of North America ⓘ