New York Clearing House

E705146

The New York Clearing House is a historic financial institution in New York City that served as a central hub for settling interbank transactions among major banks in the United States.

All labels observed (3)

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf bankers' clearing house ⓘ
financial institution ⓘ
payment system operator ⓘ
alsoKnownAs New York Bankers' Clearing House ⓘ
New York Clearing House Association ⓘ
country United States ⓘ
currency United States dollar ⓘ
linked to: US dollar
develops rules for interbank settlements ⓘ
foundedBy New York City banks ⓘ
New York Clearing House Association ⓘ
foundedIn 1853 ⓘ
foundedInPeriod 19th century ⓘ
geographicScope New York metropolitan area ⓘ
United States ⓘ
governedBy member banks ⓘ
hasFocus efficiency of large-value payments ⓘ
systemic stability of interbank payments ⓘ
hasLanguage English ⓘ
headquartersLocation New York City ⓘ
historicalRole central hub for settling interbank transactions ⓘ
coordinating mechanism during financial crises ⓘ
issuer of clearing house loan certificates ⓘ
implements standards for check clearing ⓘ
industry banking ⓘ
financial services ⓘ
payments ⓘ
influenced development of U.S. central banking practices ⓘ
locatedIn Manhattan ⓘ
New York ⓘ
New York City ⓘ
memberType commercial banks ⓘ
major New York banks ⓘ
operatesInSector interbank payments ⓘ
wholesale banking ⓘ
purpose clearing of checks ⓘ
coordination among member banks ⓘ
reduction of credit risk among banks ⓘ
settlement of interbank balances ⓘ
regionServed United States banking system ⓘ
regulates clearing procedures among member banks ⓘ
relatedTo Clearing House Interbank Payments System ⓘ
The Clearing House Payments Company ⓘ
significance first organized bank clearing house in the United States ⓘ
major hub for U.S. interbank settlements ⓘ
model for other U.S. clearing houses ⓘ
typeOfOrganization non-governmental organization ⓘ
private association ⓘ

How these facts were elicited

Referenced by (5)

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

George B. Post → notableWork → New York Clearing House ⓘ
New York Clearing House → foundedBy → New York Clearing House Association ⓘ
linked to: New York Clearing House
New York Clearing House → alsoKnownAs → New York Clearing House Association ⓘ
linked to: New York Clearing House
New York Clearing House → alsoKnownAs → New York Bankers' Clearing House ⓘ
linked to: New York Clearing House
George Browne Post → designed → New York Clearing House ⓘ