First Bank of the US

Since 2019, Metropolitan has been working on a very historic and very exciting project; The First Bank of the United States, which will house a museum for the history of the monetary system in the US. This National Historical Landmark was built in 1797 and is located on South Third Street, in the Old City neighborhood of Philadelphia. There have been many new updates on the project, but one of the most exciting is that the First Bank of the United States has been included in the President’s FY 2023 budget proposal to Congress that was made public at the end of March. The First Bank project has been allocated $30.1 million from the Legacy Restoration Fund (LRG), which was created through the Great American Outdoors Act to address deferred maintenance in the National Parks. This funding will help cover the interior and exterior construction costs to fully rehabilitate and reopen the First Bank as a museum! We will keep you updated with our progress as construction moves along.

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