From the establishment of the Bank of North America in 1781 to the creation of the newest community bank, and from the largest universal bank to the humblest credit union, depository institutions – commercial banks, savings banks, credit unions – have been and likely will remain crucial components of the financial system and the larger economy. Without them, people would find it difficult to pay their bills, corporations could not be extended various forms of credit, and federal and local governments could not operate.
This exhibit explored the history of banking in America and explained the different types of banks and bank accounts. It also featured multi-media sidebars on bank robberies, credit cards and the infamous Savings and Loan crisis, as described in the classic movie "It's a Wonderful Life," as well as a display of historical piggy banks.
