National Register of Historic Places
First Bank of the United States
First Bank of the United States is a historic place in Philadelphia, Philadelphia County, Pennsylvania, listed on the United States National Register of Historic Places on May 4, 1987, and designated a National Historic Landmark. Its National Register reference number is 87001292.
Location 01
First Bank of the United States
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About this place
What is First Bank of the United States?
The President, Directors and Company of the Bank of the United States, commonly known as the First Bank of the United States, was a national bank, chartered for a term of twenty years, by the United States Congress on February 25, 1791. It followed the Bank of North America, the nation's first de facto national bank. However, neither served the functions of a modern central bank: they did not set monetary policy, regulate private banks, hold their excess reserves, or act as a lender of last resort. They were national insofar as they were allowed to have branches in multiple states and lend money to the US government. Other banks in the US were each chartered by, and only allowed to have branches in, a single state.
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The record
Listing details
- Name
- First Bank of the United States
- City
- Philadelphia
- County
- Philadelphia County
- State
- Pennsylvania
- Listed on the National Register
- May 4, 1987
- NRIS reference number
- 87001292
- Resource type
- building
- National Historic Landmark
- Yes
- Coordinates
- 39.94806, -75.14635
When was First Bank of the United States listed on the National Register?
First Bank of the United States was added to the National Register of Historic Places on May 4, 1987.
Where is First Bank of the United States located?
First Bank of the United States is located in Philadelphia, Philadelphia County, Pennsylvania at approximately 39.94806, -75.14635. See the map above.
Is First Bank of the United States a National Historic Landmark?
Yes. First Bank of the United States is designated a National Historic Landmark, the highest federal recognition for a historic place.
Nearby on the register
More historic places in Pennsylvania
- Merchants' Exchange Building
- Carpenters' Hall
- Independence National Historical Park
- Second Bank of the United States
- Philadelphia Contributionship
- United States Custom House
- American Philosophical Society Hall
- Christ Church
- Arch Street Friends Meeting House
- Girard Group
- Hill-Physick House
- Old City Historic District
