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Updated:Apr 23, 2026
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The First Bank of the United States: Establishment to Charter Expiration (1791–1811)

The First Bank of the United States: Establishment to Charter Expiration (1791–1811)

  1. Hamilton proposes a national bank

    Labels: Alexander Hamilton, Report on
  2. Congress charters the First Bank

    Labels: First Bank, U S
  3. Washington appoints subscription commissioners

    Labels: George Washington, Subscription commissioners
  4. First Bank opens for business in Philadelphia

    Labels: First Bank, Carpenters' Hall
  5. Early branch network expands in major ports

    Labels: Branch network, Boston branch
  6. Bank helps shape a national credit system

    Labels: First Bank, Hamiltonian finance
  7. Construction of the permanent bank building completed

    Labels: Bank building, Philadelphia
  8. Norfolk branch opens as economy grows

    Labels: Norfolk branch, First Bank
  9. Savannah and Washington branches open

    Labels: Savannah branch, Washington D
  10. New Orleans branch opens after Louisiana Purchase era

    Labels: New Orleans, Louisiana Purchase
  11. Treasury Secretary Gallatin urges charter renewal

    Labels: Albert Gallatin, charter renewal
  12. House votes against renewing the charter

    Labels: House of, charter vote
  13. Senate tie ends recharter effort

    Labels: U S, George Clinton
  14. Charter expires and the bank is liquidated

    Labels: Charter expiration, liquidation