The Fourth National Bank was founded by many of New York's most eminent citizens, including Jay Cooke.

In 1866, however, the bank moved to a six-story white-marble building located at the northeast corner of Nassau and Pine Streets.

[5] In response to the takeover, Cannon testified before Samuel Untermyer during the Pujo Committee money trust hearings in 1911.

[11] The third president was Philo C. Calhoun, a former mayor of Bridgeport, who served over a period of roughly fifteen years.

[4][12] After Simmons' death in 1910, he was succeeded by the bank's vice-president, James Graham Cannon (brother of Henry W.