<P> Modeled on Alexander Hamilton 's First Bank of the United States , the Second Bank was chartered by President James Madison in 1816 and began operations at its main branch in Philadelphia on January 7 , 1817 , managing twenty - five branch offices nationwide by 1832 . </P>
<P> Modeled on Alexander Hamilton 's First Bank of the United States , the Second Bank was chartered by President James Madison in 1816 and began operations at its main branch in Philadelphia on January 7 , 1817 , managing twenty - five branch offices nationwide by 1832 . </P>
who established the second bank of the united states
who established the second bank of the united states
President James Madison
President James Madison