US Banking Systems By autumn5rivera8 1789 Federal and National Banking 1791 Bank of the United States First bank; federalists won. 1816 Second Bank of the US 1837 Free Banking 1863 National Banking Acts This was after the free banking era which ended in 1863. 1881 "Honest Money" 1907 Banking Panic 1913 Federal Reserve Banking 1913 16th Amendment Ratified 1929 Stock Market Crash