Correspondence from Eugene Ormandy, 1979.

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Correspondence from Eugene Ormandy, 1979.

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Girard Bank

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After the charter of the First Bank of the United States expired in 1811, the merchant Stephen Girard established a private bank, called "Girard's Bank", in the former BUS headquarters in order to maintain adequate banking facilities for Philadelphia. Girard died in 1831, and a group of local businessmen continued the institution as the "Girard Bank." In 1832 they received a state charter as the "Girard Bank of the City of Philadelphia." The bank was forced to suspend payment in January 1842 in ...