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Bank of North America records, 1782-1929 (bulk) 1694-1939 (inclusive)

Extent:

145.8 linear feet (; 29 boxes, 672 volumes)

Abstract:

The Bank of North America was the first chartered bank in the United States, created by the Second Continental Congress in 1781. It was established primarily to aid Congress in providing supplies and money for the continuation of the Revolutionary War. In 1916 the bank bought the assets of the National Bank of the Northern Liberties; in 1923 it merged with the Commercial Trust Company to form the Bank of North America and Trust Company; six years later the merged institution was itself absorbed by the Pennsylvania Company. The minute books are a complete run from the very beginning of the bank until its merger with the Commercial Trust Company in 1923, with brief records of meetings of the Board of Directors and some of meetings of stockholders. The loose documents (housed in boxes, as opposed to bound in volumes) include formal bank communications, memoranda, announcements, and copies of letters, financial statements, and the like. One of the most interesting documents is a long...(see more)

Held at: Historical Society of Pennsylvania [Contact Us]