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Bank of Pennsylvania building designed by Benjamin Henry Latrobe.Engraving by William Birch. Civil War memorial Adrian Michigan. In 1793, the Bank of Pennsylvania was established with a charter from the Commonwealth of Pennsylvania, and branches were opened in Pittsburgh, Harrisburg, Lancaster, Reading, and Easton. [2]
The 1798 Bank of Pennsylvania heist was the robbery of $162,821 (over $2.9 million today) on the night between August 31 and September 1, 1798 from the Bank of Pennsylvania at Carpenters' Hall in Philadelphia, Pennsylvania by Isaac Davis and Thomas Cunningham. [1] It is notable as the first major bank robbery in the United States.
The Department is under the direction and control of a secretary of banking, who is appointed by the governor of Pennsylvania to serve as a member of the governor's cabinet. The secretary is assisted in managing the department by an executive deputy secretary of banking, a deputy secretary of banking for Depository Institutions and a deputy ...
Patrick Lyon (c. 1769, Edinburgh, Scotland – April 15, 1829, Philadelphia, Pennsylvania) was a Scottish-born American blacksmith, mechanic and inventor. After being falsely accused and imprisoned for a 1798 bank robbery, he became a working class hero. [1] A self-made businessman, he was among the foremost American makers of hand-pumped fire ...
The Office of Thrift Supervision is a U.S. federal agency under the Department of the Treasury. It was created in 1989 as a renamed version of another federal agency (that was faulted for its role in the Savings and loan crisis). [5] Like other U.S. federal bank regulators, it is paid by the banks it regulates.
Home to industry, agriculture, energy, and finance, Pennsylvania is both the nation's sixth largest economy and its sixth most populous state. Using data from the FDIC, Motley Fool contributor Jay ...
In 1781, an act of the Congress of the Confederation established the Bank of North America in Philadelphia, where it superseded the state-chartered Bank of Pennsylvania founded in 1780 to help fund the war. The Bank of North America was granted a monopoly on the issue of bills of credit as currency at the national level.
Wilkins was born on December 22, 1761, in Donegal, now East Donegal, Pennsylvania, and raised in Carlisle. [1] At age 15 the younger Wilkins enlisted for the American Revolution, and was assigned as Surgeon's Mate of the 4th Pennsylvania Regiment. [2] [3] He served in the position from April 8, 1780, until the close of the war on November 3 ...