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In 1791, Congress chartered the First Bank of the United States. The bank, which was jointly owned by the federal government and private stockholders, was a nationwide commercial bank which served as the bank for the federal government and operated as a regular commercial bank acting in competition with state banks.
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One US Bank Plaza in downtown St. Louis, Missouri The US Bank tower in downtown Denver, Colorado US Bank tower in Salt Lake City, Utah US Bank Center in Milwaukee, Wisconsin US Bank Building in Sheboygan, Wisconsin U.S. Bancorp footprint United States National Bank of Portland, Oregon Downtown Minneapolis; Capella Tower is the circular building on the center-right.
US Bank is the fifth-largest bank in America, with more than 70,000 employees and nearly $500 billion in assets, meaning they have the size and structure to suit your needs wherever you may be.
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After five years, the federal government chartered its successor, the Second Bank of the United States (1816–1836). James Madison signed the charter with the intention of stopping runaway inflation that had plagued the country during the five-year interim. It was essentially a copy of the First Bank, with branches across the country.
In 1980, Farmers & Merchants Bank, Milford Center and The First National Bank of Burton merged with Huntington Bancshares. [15] In 1981, the bank acquired Alexandria Bank Company and renamed it The Huntington State Bank, with a loan production office opening in Cincinnati. In 1982, the bank merged with the Reeves Banking and Trust Company. [15]