Philadelphia National Bank

Variant names
Dates:
Active 1804
Active 1956

History notes:

The Philadelphia National Bank (PNB) was the direct successor of The Philadelphia Bank, organized on August 3, 1803 and chartered on March 5, 1804. Its early board of directors included many of the city's successful merchants and businessmen who were not part of the traditional elite and identified themselves as Jeffersonian Democratic-Republicans rather than Federalists. Its original building at 4th and Chestnut Streets was designed by Benjamin H. Latrobe. The Philadelphia Bank grew steadily during the 19th century as Philadelphia became a major industrial and railroad center. It was reorganized as the Philadelphia National Bank on October 20, 1864, under the National Banking Act of 1863. In the 20th century PNB grew substantially by merger and acquisition. Absorbed banks included the Farmers & Mechanics Bank, Girard National, Franklin National, Chester National Bank and Commercial National Bank of Philadelphia. In 1986 PNB was absorbed into the CORESTATES financial group.

From the description of Records, 1807-1960. (Hagley Museum & Library). WorldCat record id: 81645375

The Citizens' National Bank of Pottstown, Pennsylvania was organized in 1892. In 1928, it changed its name to The Citizens National Bank and Trust Company of Pottstown. Later it became part of Philadelphia National Bank. Philadelphia National Bank merged with National Central Financial in 1983 to become CoreStates Financial Corporation.

From the guide to the Philadelphia National Bank in Pottstown scrapbooks, 1892-1982, (Pottstown Historical Society)

The Philadelphia Bank, organized in 1803, merged with several financial institutions to create the Philadelphia National Bank.

From the description of Records, 1804-1956. (Historical Society of Pennsylvania). WorldCat record id: 122632984

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Information

Subjects:

  • Advertising
  • Bank employees
  • Bank investments
  • Bank mergers
  • Banks and banking
  • Bank statements
  • Clearing houses (Banking)
  • Confidential communications banking
  • Merchant banks
  • Trust companies

Occupations:

not available for this record

Places:

  • PA, US
  • Pennsylvania (as recorded)
  • Montgomery County (Pa.) (as recorded)
  • Philadelphia (Pa.) (as recorded)
  • Pottstown (Pa.) (as recorded)
  • Pennsylvania--Philadelphia (as recorded)