Thomas Russell, Revolution Merchant & Banker, Confederation & United States Bank, Boston

Thomas Russell, 1740-1796

Thomas Russell was a prominent Boston merchant during the American Revolution and was active in the establishment and leadership of both the Bank of North America (1781) and the First United States Bank, (1790).  He also served as President of the Boston Branch of the first United States Bank.  Russell, much like Nicholas Low, came from a family with split loyalties.

President of the Society for Propagating the Gospel among the Indians and others in North America

President of the Humane Society of the Commonwealth of Massachusetts

President of the Agricultural Society

President of the Society for the Advice of Immigrants<br /><span>President of the Boston Chamber of Commerce

President of the National Bank in Boston

Additional Reading:

Continental Army Surgeon & Harvard Medical School Founder Dr. John Warren's eulogy on passing of Thomas Russell, 1796:

"An eulogy on the Honourable Thomas Russell, Esq: late president of the Society for Propagating the Gospel among the Indians and Others, in North America; the Humane Society of the Commonwealth of Massachusetts ; the Agricultural Society; the Society for the Advice of Immigrants; the Boston Chamber of Commerce; and the National Bank in Boston ; who died at Boston, April 8, 1796; delivered, May 4, 1796, before the several societies to which he belonged"  

https://collections.nlm.nih.gov/catalog/nlm:nlmuid-2576032R-bk

Bank of the United States (1791-1811): Boston Branch (Boston, Mass.) records, 1792-1794
https://colonialnorthamerica.library.harvard.edu/spotlight/cna/catalog?f%5Bsubjects_ssim%5D%5B%5D=Russell%2C+Thomas&per_page=10

https://founders.archives.gov/documents/Washington/05-18-02-0353

His father and loyalist brother:

from The Loyalists of Massachusetts, page 453

JAMES RUSSELL, brother of Chambers, married Catherine Greaves, 1738. He was Judge, Representative 1746-1759, a member of the Council 1758-1771, and in 1774 was appointed Mandamus Councillor, but did not take the official oath. This saved him from the wrath of the revolutionists. He was not solicitous to shine, but was anxious to do good, and to be on friendly terms with his neighbors. He was incessant in his endeavors to promote the happiness and advance the prosperity of the community in which he lived. A bridge from Charlestown to Boston was among the enterprises which he projected. By his persevering efforts, the work was accomplished, and the Charlestown Bridge was the first structure of the kind ever build across a broad river in the United States. Through his great benevolence, and public spirit, he was not driven from his home as his sons were, the revolutionists allowed him to remain, and he died at Charlestown, Sept. 17th, 1798, aged 83 years.

https://quod.lib.umich.edu/e/evans/N10121.0001.001/1:6?rgn=div1;view=fulltext

https://www.masshist.org/publications/adams-papers/index.php/view/ADMS-04-05-02-0127

JAMES RUSSELL, JR., son of the preceding, was obliged to leave and go to England. Was in London, February 1776, and at Exeter in 1779. A year later the fortunate captures made by a privateer gave him a fortune, and he was "bound in the matrimonial chain to Mary, second daughter of Richard Lechmere, a Boston Loyalist. They were married in 1780 at St. Peter's Church, Bristol, where he resided as a merchant. Among their children was Lechmere-Coor-Graves, Charles James, who died in service of Royal Navy, Katherine-Sarah, who married Major Miller of Bombay Artillery, Lucy Margaret, married Rev. Robert Cope Wolf.