AMADEO P GIANNINI ~ BANKER ~ BANK OF AMERICA #1400 Plate Block of 4 x 21 US Postage Stamps

Description

• Bank of America
• Banking

On June 27, 1973 in San Mateo, CA. the USPS honored Amadeo Peter Giannini, credited as the inventor of many modern banking practices. Most notably, Giannini was one of the first bankers to offer banking services to middle-class Americans, rather than simply the upper class, and pioneered statewide branch banking. Amadeo Giannini left school at age 13, but at his death in 1949, he owned the largest bank in the U.S. and was head of the largest private banking system in the world - the Bank of America. This stamp is often considered part of the Prominent American series, though was issued after the series was completed.

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