Frank A. Vanderlip

From Wikipedia, the free encyclopedia

Frank A. Vanderlip
Frank A. Vanderlip

Frank A. Vanderlip (1864 - June 30, 1937) was an American banker. From 1897-1901, Vanderlip was the Assistant Secretary of Treasury for President of the United States William McKinley's second term, 1897-1901. In that office he negotiated with National City Bank a $200 million loan to the government to finance the Spanish American War. Thereafter he was vice president and then president of National City Bank (1909-19). In November, 1910, he was a member of the Jekyll Island group, a group of bankers that wrote the bill that became the Federal Reserve Act.


Preceded by
James Stillman
Chief of National City Bank
1918–1919 (President with acting duties as Chairman)
Succeeded by
James A. Stillman