Second Bank of the United States
GPTKB entity
Properties (71)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:Bank
|
| gptkbp:capital |
35 million dollars
|
| gptkbp:certifications |
gptkb:United_States_Congress
|
| gptkbp:controversy |
gptkb:Bank_War
|
| gptkbp:currency |
Banknotes
|
| gptkbp:dissolved |
1836
|
| gptkbp:established |
gptkb:James_Madison
|
| gptkbp:founded |
1816
|
| gptkbp:function |
Promoting economic development
Collecting taxes Facilitating trade Promoting economic growth Stabilizing the economy Supporting small businesses Promoting financial literacy Supporting community development Encouraging investment Encouraging entrepreneurship Promoting fiscal responsibility Controlling inflation Providing insurance services Facilitating international trade Promoting economic stability Providing a uniform currency Managing public debt Supporting infrastructure projects Providing financial security Promoting economic resilience Facilitating mergers and acquisitions Acting as a fiscal agent Disbursing government funds Encouraging investment in infrastructure Encouraging responsible lending Encouraging savings Facilitating consumer loans Facilitating economic transactions Facilitating payments Facilitating wealth creation Holding federal deposits Issuing paper currency Lending to the government Maintaining reserves Offering investment opportunities Offering savings accounts Promoting banking practices Providing access to capital Providing credit analysis Providing credit to businesses Providing economic advice Providing financial services Providing financial stability Providing loans to individuals Regulating state banks Supporting financial innovation Supporting financial markets Supporting financial stability Supporting government projects |
| gptkbp:headquarters |
gptkb:Philadelphia
|
| https://www.w3.org/2000/01/rdf-schema#label |
Second Bank of the United States
|
| gptkbp:influenced |
gptkb:Andrew_Jackson
|
| gptkbp:legislation |
gptkb:Second_Bank_Act
|
| gptkbp:location |
gptkb:Philadelphia,_Pennsylvania
|
| gptkbp:notable_feature |
Central banking functions
|
| gptkbp:predecessor |
gptkb:First_Bank_of_the_United_States
|
| gptkbp:president |
gptkb:Nicholas_Biddle
|
| gptkbp:productionYears |
1816 to 1836
|
| gptkbp:replacedBy |
State-chartered banks
|
| gptkbp:role |
Regulate currency supply
|
| gptkbp:significantEvent |
Panic of 1837
|
| gptkbp:successor |
gptkb:Federal_Reserve_System
|
| gptkbp:type |
Federal bank
|