Suffolk Bank was a private clearinghouse bank in Boston, Massachusetts, that exchanged specie or locally backed bank notes for notes from country banks...

Suffolk (/ˈsʌfək/ SUF-ək) is a ceremonial county in the East of England and East Anglia. It is bordered by Norfolk to the north, the North Sea to the...

Suffolk is an independent city in Virginia, United States. As of 2020, the population was 94,324. It is the 10th-most populous city in Virginia, the largest...

TowneBank is a bank headquartered in Suffolk, Virginia with 44 branches in Virginia and North Carolina. They have owned the naming rights to TowneBank Stadium...

intervention. The Suffolk Bank acted as lender of last resort during the Panic of 1837–1839. Rolnick, Smith and Weber "argue that the Suffolk Bank's provision...

Directors and Company of the Bank of the United States, commonly known as the First Bank of the United States, was a national bank, chartered for a term of...

at the central bank, but by banks when they provide loans. [...] This also means as you pay off the loan, the electronic money your bank created is 'deleted' –...

settlement obligations. A clearing house provides emergency lending and assists banks when they need help. After the legally binding agreement (i.e., execution)...

The Second Bank of the United States was the second federally authorized Hamiltonian national bank in the United States. Located in Philadelphia, Pennsylvania...

The Bank War was a political struggle that developed over the issue of rechartering the Second Bank of the United States (B.U.S.) during the presidency...

National Bank Notes were United States currency banknotes issued by National Banks chartered by the United States Government. The notes were usually backed...

conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of 371...

Era Second Bank of the United States, 1816–1836 Suffolk Bank, 1818–1858 McCulloch v. Maryland, 1819 New York Safety Fund System, 1829–1842 Bank War, 1832–1836...

regional Federal Reserve Banks jointly responsible for managing the country's money supply, making loans and providing oversight to banks, and serving as a lender...

reserves are held in a country's central bank; the gold reserves of the United Kingdom are housed in a vault at the Bank of England. The country with the largest...

A mutual savings bank is a financial institution chartered by a central or regional government, without capital stock, owned by its members who subscribe...

A savings bank is a financial institution that is not run on a profit-maximizing basis, and whose original or primary purpose is collecting deposits on...

The Bank of North America was the first chartered bank in the United States, and served as the country's first de facto central bank. Chartered by the...

of national banks, and created the United States National Banking System. They encouraged development of a national currency backed by bank holdings of...

Interbank Payments System History of central banking in the United States Suffolk Bank John Stewart (2022). "Shrugging off the Impending FedNow, TCH Marks Five...

International Bank for Reconstruction and Development, the Inter-American Development Bank, the Asian Development Bank, and the European Bank for Reconstruction...

a large port town and borough in the county of Suffolk, England. Ipswich is the county town of Suffolk and is the largest settlement in the county, followed...

(1838–1839). In 1818, Lawrence purchased 25 shares of the Suffolk Bank, a clearinghouse bank on State Street in Boston. Lawrence was the son of American...

Era Second Bank of the United States, 1816–1836 Suffolk Bank, 1818–1858 McCulloch v. Maryland, 1819 New York Safety Fund System, 1829–1842 Bank War, 1832–1836...

first issued in 1914, and differ from their predecessor Federal Reserve Bank Notes in that they were liabilities of the whole Federal Reserve System....

building societies and trustee savings banks. They are often mutually held (often called mutual savings banks), meaning that the depositors and borrowers...

and Credit Clearing Company, the United Kingdom's clearing house. The Suffolk Bank opened the first clearing house in 1818 in Boston, and one was incorporated...

member banks. In Boston, the Suffolk Bank guaranteed that bank notes would trade at near par value, and acted as a private bank note clearinghouse.[citation...

Free banking is a monetary arrangement where banks are free to issue their own paper currency (banknotes) while also being subject to no special regulations...

needed] A Halesworth bank used to issue its own banknotes. A 5 guinea banknote (£5.25), issued by the Suffolk and Halesworth Bank in 1799, is to be found...