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10 months ago
The Bank of North America becomes the first chartered bank
The U.S. charters the First Bank of the United States—the government's first attempt at a central bank.
Due to industrial revulotion More banks exist
The Farmer's Exchange Bank becomes the first U.S. bank failure.
The Second Bank of the United States is the second attempt at a central bank Its 20-year charter is not renewed , and the U.S. does not have another central bank until 1913.
National Currency and banks are formed
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