Palmer National Bank of Washington, D.C.

Palmer National of Washington, D.C. is a bank in Washington, D.C.. It was founded in 1983 by Harvey McLean, Jr. (a businessman from Shreveport, Louisiana. It was initially funded with $2.8 million to McLean from Herman K. Beebe. Oliver North used this bank during the Iran-Contra scandal by funneling money from his shell organization, the "National Endowment for the Preservation of Liberty", through Palmer National Bank to the Contras.