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Banking in American Revolution
Banking during this period was not very safe, banks got robbed monthly and there was no regulation set up by the government to help the banks from going under. -
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Banking in the Civil War
This banking was the first 'stable' banking and help spur industrilization. -
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Banking in World War I
Banking during this time very unstable and undependable because of the Depression which the War help bring us out of. -
Banking on 9/11
Banking during the 9/11 attack was much more reliable than any other time, it was regulated, being robbed wasn't a huge risk any longer, and economy was down but still good enough. Laws and Insurances by the government kept people from loosing money if a bank went under and people felt good enough about banks to kepp their money there. This was about the time when everything started going through the bank, from getting paychecks to just paying bills.