The heist was masterminded by James Honeyman and James Murray entered the bank late at night on 19 March where they raided the vault and safe deposit boxes. Together they left with approximately $245,000 in bank notes and coins, which is the equivalent of more than $50 million today.

The bank played a pivotal role in stabilizing the nation’s finances in the early years of new republic, contributing to the establishment of credit that laid the groundwork for a more organized and sophisticated financial system.