Bank of america 1467545

The History of American Banking

  • Natonal Banking Constituional

  • Veto

    President Jacksons extreme distrust of the Second bak led him to veto the renewal of the Bank
  • California Gold Rush

    California Gold Rush
    The California Gold Rush (1848–1855) began on January 24, 1848, when gold was found by James W. Marshall at Sutter's Mill in Coloma, California.[1]
  • United States Treasurey

  • State bank laws

    State bank laws
    laws were passed that states banks could no longer issue their own bills
  • Gold Standard

  • Bank Of Italy

    Bank Of Italy
    The bank of Italy had 200 branches open and running
  • Earthquake Banking Crisis

  • Panic of 1907

    the panic of 1907 lead to the creation of the Federal Reserve System
  • Period: to

    The Great Depression

  • Stock Market Crash

  • FDIC

    Presdient Roosevelt restores faith in the banking system
  • Federal Deposit Insurance

  • Period: to

    Banking in the later Twenitieth Century

  • Largest stock market Crash

  • Checks

    Checks became popular
  • ATM

    first atm
  • Card

    First bank card
  • High Interest Rate

    S&L had made long term loans at low rates
  • DEREGULATION

  • Bad loan

  • Stable &Healthy Banks

  • online banking

  • financial crisis

  • FDIC increases