History
The Bank of New York was founded on June 9, 1784, making it the oldest bank in the United States. Alexander Hamilton wrote the new bank's constitution, and became the individual most actively involved in the organization of The Bank of New York, guiding it through its early stages. The bank opened for business at the Walton House in Lower Manhattan only a few months after the departure of British troops from American soil. It opened with a capitalization of $500,000. William Seton, future father-in-law of Saint Elizabeth Seton, was named director in 1786.
To commemorate its 225th anniversary, BNY Mellon created a 5 part video series entitled "Looking Forward : The 225th Anniversary of The Bank of New York Mellon" which was narrated by historian Richard Brookhiser and recaps the company’s history from its founding in 1784. The segments are entitled:
Part 1 : New Beginnings Part 2 : A Company of Visionaries Part 3 : A Catalyst for Success Part 4 : A Focus on Clients Part 5 : A Commitment to Help
Read more about this topic: Bank Of New York
Famous quotes containing the word history:
“American time has stretched around the world. It has become the dominant tempo of modern history, especially of the history of Europe.”
—Harold Rosenberg (1906–1978)
“The second day of July 1776, will be the most memorable epoch in the history of America. I am apt to believe that it will be celebrated by succeeding generations as the great anniversary festival. It ought to be commemorated, as the day of deliverance, by solemn acts of devotion to God Almighty. It ought to be solemnized with pomp and parade, with shows, games, sports, guns, bells, bonfires and illuminations, from one end of this continent to the other, from this time forward forever more”
—John Adams (1735–1826)
“All history is a record of the power of minorities, and of minorities of one.”
—Ralph Waldo Emerson (1803–1882)