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Banking History Timeline

By Azawood
  • First bank of the U.S. established

    First bank of the U.S. established

  • Congress passes the Coinage Act.

    Congress passes the Coinage Act.

    Establishes a mint and prescribes a decimal system of coinage.
  • The Office of the Commissioner of Accounts and Deposits was established.

    The Office of the Commissioner of Accounts and Deposits was established.

  • Period: to

    Credit made available to most Americans

  • Stock market crash

    Stock market crash

  • The largest Bank failure in the nations history takes place when the Bank of the United States closes its doors in New York.

    The largest Bank failure in the nations history takes place when the Bank of the United States closes its doors in New York.

  • Period: to

    Stable inflation rates

    low interest rates
  • A peace time budget of seventy two billion eight hundred and seven million dollars is proposed.

    A peace time budget of seventy two billion eight hundred and seven million dollars is proposed.

  • Period: to

    Credit = Major marketing tool across industires

    Major stock market gains. Longest pace time expansion.
  • The 10-year economic expansion of the 1990s came to a close

    The 10-year economic expansion of the 1990s came to a close

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