Alexander the Good donated the wax collected as part of the tax payable by the town to the nearby Orthodox Bistriţa Monastery. It was most probably his first wife named Margaret who founded the Franciscan Church of the Holy Virgin in Bacău. But the main Catholic church in the town was dedicated to Saint Nicholas. A letter written by John of Rya, the Catholic bishop of Baia refers to Bacău as a civitas which implies the existence of a Catholic bishopric in the town at that time. The letter also reveals that Hussite immigrants who had undergone persecutions in Bohemia, Moravia, or Hungary were settled in the town and granted privileges by Alexander the Good.
The monastery of Bistriţa was also granted the income from the customs house of Bacău in 1439. In 1435 Stephen II of Moldavia (1433–1435, 1436–1447) requested the town's judges not to hinder the merchants of Braşov, an important center of the Transylvanian Saxons in their movement. From the 15th century ungureni, that is Romanians from Transylvania began to populate the area north of the marketplace where they would erect an Orthodox church after 1500. A small residence of the princes of Moldova was built in the town in the first half of the 15th century
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