1985 State of the Union Address 1985 State of the Union Address The 1985 State of the Union address was given by President Ronald Reagan to a joint session of the 99th United States Congress on February 6, 1985. The speech was the first State of the Union address of President Reagan's second term, and his fifth altogether. He stated, "Our progress began not in Washington, DC, but in the hearts of our families, communities, workplaces, and voluntary groups which, together, are unleashing the invincible spirit of one great nation under God." He believed that volunteerism was a key element to the American community. The president
First Union New Jersey to expand into the Northeast. In April 1998, First Union acquired CoreStates Financial Corporation, headquartered in Philadelphia. At the time, this was the largest merger in US banking history. CoreStates traced its history to 1781 and the Bank of North America, the first bank chartered in the United States. Once the merger finalized, First Union claimed 1781 as its founding date. It continued to operate The Bank of North America's first branch at Sixth and Chestnut in Philadelphia which opened in 1782. It is now the longest continuously operated branch in America and through subsequent mergers is now