October 18, 1847

Boatmen’s Bank was established in St. Louis on this date in Missouri history. This landmark operation was specifically for individuals and small investors. Previously banks had mostly served the rich.

This post was contributed by Ross Malone. A historian and a retired school teacher, Ross has authored many books about Missouri’s history, weird facts, and folk tales. He has also written children’s historical fiction. Visit his website, and buy his books in the Missouri Life store.