The Evolution of Banking in America

The evolution of banking has taken quite a few turns, and today’s baking system doesn’t resemble that of the first established bank. While the central function of the country’s banking system remains pretty consistent, many of the services and features have changed and adapted over time. The modern bank is vital to the well-being of the national economy and for many individuals and families.

How are you affected by the existing banking system? Do you understand how today’s system has come to be? Take a look through the following infographic to become more familiar with the history of the banking system in the US. Learn more about the major players and important Acts that transformed an insecure paper currency to the system protecting your money today.

History of Banking