July 2, 2015
On July 4, 1776, the Second Continental Congress signed and adopted the Declaration of Independence, asserting our young country’s independence from Great Britain. Nearly 240 years later, as we gather to celebrate that summer day in Philadelphia, we provide you with more information on our Founding Fathers and the role they played in creating today’s world of banking, dollars, and cents.
Did You Know?
- Abraham Lincoln (on the penny) and Thomas Jefferson (on the nickel) are the only profiles that face to the right.
- Benjamin Franklin is featured on the $100, the largest denomination of currency still in print.
- The US Secret Service was originally established to control counterfeiters, not to protect the President and other officials.
- “Paper” money is actually made of cotton, linen, and silk fibers.
- 45-50% of all currency produced is $1 bills.
If you need help managing your money, contact the Diamond team of professionals today!
Check out our Star & Stripes and Dollars & Cents infographic below for even more information on the history of money!
Happy Independence Day from Diamond Credit Union!
