Suffolk Bank

Organization

Biography

Suffolk Bank was a clearinghouse bank in Boston, Massachusetts, that exchanged specie or locally backed bank notes for notes from country banks to which city-dwellers could not easily travel to redeem notes. The bank was granted its charter on February 10, 1818 by the Massachusetts General Court to a group of the Boston Associates (including Patrick Tracy Jackson and Daniel Pinckney Parker), and the charter's holders and bank's directors met periodically from February 27 to March 19 at the Boston Exchange Coffee House to discuss the organization of the bank. On April 1, 1818, the bank opened for business in rented offices on State Street until the bank moved permanently to the corner of State and Kilby Streets.

Found in 1 Collection or Record:

Suffolk Bank (Boston, Mass.) records

FOUND IN: Baker Library Special Collections and Archives, Harvard Business School

Collection Identifier: Mss:781 1818-1904 S46

Overview:

Records of the Suffolk Bank of Boston, Mass., 1818-1904.