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Jan. 7, 1782: Banking Begins: The First Commercial Bank in the US
In 1782, the newly formed United States took a monumental step toward economic independence with the founding of its first commercial bank—the Bank of North America. In this episode of The Daily Hit Podcast, we dive into the revolutionary origins of the bank, its role in stabilizing the fledgling U.S. economy, and its lasting legacy on modern finance.
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By The Daily HitIn 1782, the newly formed United States took a monumental step toward economic independence with the founding of its first commercial bank—the Bank of North America. In this episode of The Daily Hit Podcast, we dive into the revolutionary origins of the bank, its role in stabilizing the fledgling U.S. economy, and its lasting legacy on modern finance.
Visit our website for more information and source material: https://thedailyhitpodcast.com/
Follow us!
Instagram: https://www.instagram.com/thedailyhitpodcast/
TikTok: https://www.tiktok.com/@thedailyhitpodcast
X (Twitter): https://x.com/thedailyhitpod