Since New York is known as the financial capital of the world, it’s only fitting that it houses the Museum of American Finance. This museum celebrates that title by preserving the nation’s financial history. Located in the former headquarters of the Bank of New York, MoAF opened in 1988 as the Museum of American Financial History. It was later renamed the Museum of American Finance in 2005. Its NY location hallows the museum not only preserves the history but also the spirit of American entrepreneurship.
The Museum of American Finance is the only independent public museum in the US dedicated to preserving this aspect of American history. Accordingly, in affiliation with the Smithsonian Institution, the museum’s core mission is to educate the public about how America’s financial system developed. As part of this mission, groups and students are welcome to the museum. Classes at the museum range from elementary level activities to college level courses. The education department dedicates itself teaching young people about the importance of financial literacy.
MoAF exhibits document many US financial history artifacts related to the financial markets, money, and banking. Its collection includes more than 10,000 documented stocks, bonds, prints, photographs and books. The museum’s permanent exhibitions focus on the financial markets, money, banking, and entrepreneurship. It also focuses on Alexander Hamilton, the first Secretary of the Treasury. Along with the exhibits, there are many other programs that the museum provides. The Museum’s Financial Lecture Series involve prominent speakers from the financial industry. They discuss a wide variety of subject matter ranging from current financial practices to significant people and events. Other programs include walking tours and film screenings about the market.