Nathan's Timeline By Nathan7798 1791 The first bank was established in the United States 1792 The first mint in the United States opened in Philadelphia 1864 the OCC is created to regulate national banks 1933 The FDIC is created to regulate state non-member banks and state-chartered mutual savings banks 1933 The Securities Act deprived bankers of their monopoly on information due to the disclosure on statements of publicly held corporations 1966 The Bank of America issues the first credit card 1969 The first successful ATM installed in the USA 1970 Money can now be transferred electronically across computer terminals 1975 Home Mortgage Disclosure Act encouraged banks and S$Ls to lend mortgage money in low-income areas 1976 First National City Bank changes its name to Citibank 1987 Debit cards are introduced 1990 Ability to electronically pay your bills online 2000 Contactless payment cards and “fobs” are developed 2010 The Card Act passed which provided consumers with a choice regarding overdraft protection 2017 You can scan your fingerprint at the checkout stand to pay for items 2018 Able to carry your credit cards electronically on your cell phone