First Bank of the United States
E7829
The First Bank of the United States was the early national government’s central financial institution, chartered in 1791 to stabilize and standardize the young American economy under Alexander Hamilton’s financial program.
All labels observed (4)
| Label | Occurrences |
|---|---|
| First Bank of the United States canonical | 13 |
| Report on a National Bank | 4 |
| Bank of the United States | 1 |
| national bank of the United States | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T89812 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: First Bank of the United States Context triple: [Independence National Historical Park, hasSite, First Bank of the United States]
-
A.
Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is an independent U.S. government agency that insures bank deposits and promotes stability and public confidence in the nation’s financial system.
-
B.
Federal Reserve System
The Federal Reserve System is the United States’ central banking system, responsible for conducting monetary policy, regulating banks, maintaining financial stability, and providing financial services to the government and financial institutions.
-
C.
Chase Manhattan Bank
Chase Manhattan Bank was a major American commercial and investment bank based in New York City that became one of the largest financial institutions in the United States before merging into JPMorgan Chase.
-
D.
Federal Reserve Board of Governors
The Federal Reserve Board of Governors is the central governing body of the U.S. Federal Reserve System, responsible for setting national monetary policy and overseeing the country’s banking system.
-
E.
National Bank Note
A National Bank Note was a type of U.S. paper currency issued by federally chartered national banks and backed by U.S. government bonds during the late 19th and early 20th centuries.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: First Bank of the United States Target entity description: The First Bank of the United States was the early national government’s central financial institution, chartered in 1791 to stabilize and standardize the young American economy under Alexander Hamilton’s financial program.
-
A.
Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is an independent U.S. government agency that insures bank deposits and promotes stability and public confidence in the nation’s financial system.
-
B.
Federal Reserve System
The Federal Reserve System is the United States’ central banking system, responsible for conducting monetary policy, regulating banks, maintaining financial stability, and providing financial services to the government and financial institutions.
-
C.
Chase Manhattan Bank
Chase Manhattan Bank was a major American commercial and investment bank based in New York City that became one of the largest financial institutions in the United States before merging into JPMorgan Chase.
-
D.
Federal Reserve Board of Governors
The Federal Reserve Board of Governors is the central governing body of the U.S. Federal Reserve System, responsible for setting national monetary policy and overseeing the country’s banking system.
-
E.
National Bank Note
A National Bank Note was a type of U.S. paper currency issued by federally chartered national banks and backed by U.S. government bonds during the late 19th and early 20th centuries.
- F. None of above. chosen
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
central bank
ⓘ
commercial bank ⓘ national bank ⓘ |
| architect | Samuel Blodgett ⓘ |
| authorizedBy | United States Congress ⓘ |
| branchNetwork | multiple branches in major U.S. cities ⓘ |
| capitalization | 10 million dollars ⓘ |
| charterDate | 1791 ⓘ |
| charterLength | 20 years ⓘ |
| charterNotRenewed | 1811 ⓘ |
| constitutionalDebate | raised questions about implied powers under the U.S. Constitution ⓘ |
| country |
United States
ⓘ
linked to:
United States of America
|
| creator | Alexander Hamilton ⓘ |
| currencyRole | its notes circulated as a national medium of exchange ⓘ |
| currentUseOfBuilding | part of Independence National Historical Park ⓘ |
| disestablished | 1811 ⓘ |
| era |
Early National Period of the United States
ⓘ
linked to:
Early Republic of the United States
|
| established | 1791 ⓘ |
| function |
extended credit to the government
ⓘ
facilitated tax collection ⓘ held government deposits ⓘ issued banknotes redeemable in specie ⓘ served as fiscal agent of the U.S. federal government ⓘ |
| governance | board of directors elected by shareholders ⓘ |
| governmentRepresentation | federal government appointed some directors ⓘ |
| headquartersBuildingCompleted | 1797 ⓘ |
| heritageStatus | National Historic Landmark ⓘ |
| influenced |
development of the U.S. banking system
ⓘ
later central banking in the United States ⓘ |
| legalBasis |
Necessary and Proper Clause of the U.S. Constitution
ⓘ
linked to:
Necessary and Proper Clause
|
| locatedIn |
Philadelphia, Pennsylvania
ⓘ
linked to:
Philadelphia
|
| monopolyOnFederalDeposits | true ⓘ |
| opposedBy |
Democratic-Republican Party
ⓘ
James Madison ⓘ Thomas Jefferson ⓘ |
| partOf | Alexander Hamilton's financial program ⓘ |
| privateOwnershipShare | 80 percent ⓘ |
| proposedBy | Alexander Hamilton ⓘ |
| publicOwnershipShare | 20 percent ⓘ |
| purpose |
improve the credit of the United States
ⓘ
stabilize the American economy ⓘ standardize the American currency ⓘ |
| regionServed |
United States
ⓘ
linked to:
United States of America
|
| relatedProgram |
assumption of state debts
ⓘ
establishment of federal taxes and tariffs ⓘ funding of the national debt ⓘ |
| signedIntoLawBy | George Washington ⓘ |
| succeededBy | Second Bank of the United States ⓘ |
| supportedBy |
Federalist Party
ⓘ
linked to:
Federalists
|
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: First Bank of the United States Description of subject: The First Bank of the United States was the early national government’s central financial institution, chartered in 1791 to stabilize and standardize the young American economy under Alexander Hamilton’s financial program.
Referenced by (19)
Full triples — surface form annotated when it differs from this entity's canonical label.
linked to: First Bank of the United States
linked to: First Bank of the United States
establishment of the First Bank of the United States
→
hasMainSubject
→
First Bank of the United States
ⓘ
linked to: First Bank of the United States
linked to: First Bank of the United States
linked to: First Bank of the United States
Baltimore branch of the Second Bank of the United States
→
affiliation
→
national bank of the United States
ⓘ
linked to: First Bank of the United States