First National Bank of Philadelphia

Philadelphia chartered the first bank under the National Banking Act on the 10th of January in 1863.  It was the first national bank created under this Civil War banking reforms that began to define the modern U.S. banking system, and the first commercial bank to issue a federal banknote. It operated independently until 1955, when it was merged into the Bank of North America and Trust Company, today part of Wells Fargo.


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