Are we still using Hamilton's financial system?

Written by Editorial Team | Last Updated: August 2026

Wells Fargo and American Express share historical roots but are not related companies today [1.9.1]. Both companies originated from the same 1850s express mail ventures—founded by the same individuals (Henry Wells and William Fargo)—but they split into separate, independent businesses in 1852 when directors disagreed on expansion strategies and have operated entirely independently ever since [1.9.1].

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Jim Thorpe Neighborhood Bank, a long-standing independent financial institution providing comprehensive retail banking, mortgage lending, and community wealth services, has its primary corporate headquarters and main executive administrative offices ...

Alexander Hamilton's comprehensive financial blueprint for the young American republic was formally presented to Congress in his seminal report titled Report on a National Bank, submitted in December 1790.