The first major bank in the southern United States was the Bank of Virginia, chartered in 1804. Although the southern politicians among our nation's founding fathers, the so-called Jeffersonian Republicans, were opposed to banks and the granting of any corporate privilege, businessmen in the South came to understand clearly that economic growth would benefit from the establishment of a bank:

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THE BANK OF VIRGINIA -- 7/31/23(https://www.delanceyplace.com/view-archives.php?p=4911)