Originally posted by 2BobTanner:
OK, historical nitpick time.
Technically, there is no such thing as the “Bank of the United States”; but there were two earlier versions.
The First Bank of the United States existed from 1791 to 1811. A
Second Bank of the United States operated from 1816 to 1836. Both of those institutions were not the
Treasury of the United States . The
Federal Reserve System was created in 1913 and is what passes for a “Bank of the United States” today, so I can only assume that the FedRes is what is being identified within that article.