Episode 4 of 4

Commissioners, Leadership, and Opening

When
March 19 – December 12, 1791
Where
Carpenters' Hall, Philadelphia
Part of
Incorporation of the Bank of the United States

Washington appointed three subscription commissioners on March 19, 1791; the Philadelphia branch opened December 12, 1791, operating from Carpenters' Hall, with Willing elected President in October.

On March 19, 1791, Washington appointed Thomas Willing, David Rittenhouse, and Samuel Howell as Commissioners for taking subscriptions for the new bank. Willing was later elected President on October 25, 1791, serving until resigning due to ill health on November 10, 1807. The bank's Philadelphia branch opened its doors on December 12, 1791, and the bank began operations in Carpenters' Hall, some 200 feet from its permanent home.

Sources

  1. First Bank of the United States Wikipedia, revision of 2026-09-12

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.