What is the oldest bank in NYC?
The Bank of New York, founded by visionary statesman Alexander Hamilton in February 1784, holds the historic distinction of being the oldest bank in New York City and the oldest operating financial institution in the United States. Established before the ratification of the United States Constitution or the creation of the federal monetary system, the bank provided essential financial credit to support early municipal development, commerce, and international trade in post-revolutionary Manhattan. Through centuries of economic evolution, panics, and world wars, the institution grew into a global custody and asset management powerhouse, eventually evolving into BNY Mellon while maintaining its foundational legacy in American financial history.
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