City Bank of New York chartered
- When
- 1812
- Where
- New York City, founding site of the City Bank of New York; City Bank of New York
- Episodes
- 3
The City Bank of New York was founded on June 16, 1812, later becoming First National City Bank of New York and eventually Citibank, the primary U.S. banking subsidiary of Citigroup. Its early leadership began with Samuel Osgood as first President, and the bank financed war bonds during the War of 1812.
Episodes
- Samuel Osgood Elected First President
Upon its 1812 founding, the bank established the office of President, electing Samuel Osgood as its first holder.
- Financing War Bonds in the War of 1812
The newly founded bank financed war bonds for the War of 1812, tying the young institution to federal wartime finance.
- Founding of the City Bank of New York
New York's City Bank was founded on June 16, 1812, beginning an institutional lineage that later produced First National City Bank and Citibank.
Background and detail
Background. The City Bank of New York was founded on June 16, 1812, in New York City. The institution was established as City Bank of New York and later became First National City Bank of New York, eventually evolving into Citibank, N.A., the primary U.S. banking subsidiary of Citigroup.
Early Leadership. Since the bank's founding in 1812, it has been led by a President, with Samuel Osgood elected as the first President. After Osgood's death in August 1813, William Few became President, staying until 1817, followed by Peter Stagg (1817–1825), Thomas Smith (1825–1827), Isaac Wright (1827–1832), and Thomas Bloodgood (1832–1843).
Early Financial Role. In its early years, the bank financed war bonds for the War of 1812, establishing a role in government finance that continued through subsequent decades of American history.
People involved
- Samuel Osgood · First President of the City Bank of New York
- William Few · President of the bank after Osgood's death (1813–1817)
Sources
- Citibank Wikipedia, revision of 2026-09-19
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.