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1900-1924: A History of Americas Banks and The ABA The First Women’s Bank of Clarksville, Tenn , opens as the first commercial bank founded and managed by women and continues after a 1926 merger Brenda Runyon is its founder and president 1919: Growing Industry National City Bank of New York—now Citibank—becomes the first bank to reach $1 billion in assets 1920: Bankers Teaching Economics