Bank of the People Montreal in 1840. Until 1835, every bank in Upper Canada required a legislated charter which established it as a legal person able to sue, and be sued at law. Only two Banks had been chartered: the Bank of Upper Canada and the Commercial Bank of the Midland District. Both banks were controlled by the "Family Compact" who used their control of the currency supply and credit to control trade and ultimately, the farmers. They had a "licensed monopoly" to print paper money, which reduced competition. In 1835, Dr Charles Duncombe, a Reform politician in the Legislative Assembly, was part of
United Orient Bank for its clients. United Orient Bank United Orient Bank (東方銀行) is an American Bank established to serve the Chinese-American community of New York City. Headquartered in New York City, with branch offices in Chinatown, Manhattan, this privately held community bank claims itself as the first indigenous community bank in Chinatown, Manhattan when it was established on April 9, 1981. The slogan of the bank is: “to put the area's resources to work locally”. It was one of the first US Banks established to serve the Chinese community in the United States as well as one of the first to provide