This is a photo of a Bank of Italy cash bag that was on exhibit at the San Mateo Museum. The Bank of Italy was founded in 1904 in San Francisco, California, and eventually became named Bank of America.
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Like a mailbox, there's always a Bank of Italy conveniently near. Everywhere-ness - a strong feature of Bank of Italy 1929 Advertisement. The Bank of Italy merged with the Bank of America, Los Angeles, in early 1929, and on November 2, 1930, the merged banks became officially known as the Bank of America.