Episode 2 of 3
Congressional Charter
- When
- May 26, 1781
- Where
- Congressional proceedings
Congress chartered the Bank of North America.
The Congress of the Confederation chartered the Bank of North America on May 26, 1781. This action followed Morris's plan and persuasion, establishing it as the first private commercial bank in the United States.
Sources
- Bank of North America Wikipedia, revision of 2026-09-28
Machine-drafted from the cited Wikipedia passages and checked by a reviewing model, not by a human editor. Every passage cites the revision it was written from; dates and places follow those passages.