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The history of banking began with the first prototype banks, that is, the merchants of the world, who gave grain loans to farmers and traders who carried goods between cities. This was around 2000 BCE in Assyria , India and Sumer .
Although the period from 1837 to 1864 in the US is often referred to as the Free Banking Era, the term is a misnomer in terms of the definition of "free banking" above. Free Banking in the United States before the Civil War refers to various state banking systems based on what were called "free banking" laws at the time. These laws made it ...
Rothbard, Murray N., History of Money and Banking in the United States.Full text (510 pages) in pdf format, A libertarian interpretation; Schweikart, Larry, ed. Banking and Finance to 1913 (1990), an encyclopedia with short articles by experts Schweikart, Larry, ed. Banking and Finance, 1913-1989 (1990), an encyclopedia with short articles by ...
While most countries have only one bank regulator, in the U.S., banking is regulated at both the federal and state levels [5] in an arrangement known as a dual banking system. [6] Depending on its type of charter and organizational structure, a banking organization may be subject to numerous federal and state banking regulations.
The second volume contains a history of banking in Great Britain, by Henry Dunning Macleod, and in the Russian Empire, by Antoine E. Horn, editor of the Journal de St.-Pétersbourg, as well as a contribution on "Savings Banks in the United States" by John P. Townsend, president of the Bowery Savings Bank.
A History of Banking in All the Leading Nations; History of credit unions; History of private equity and venture capital; History of Wells Fargo; Hochstetter family; Hollow Sword Blade Company; Holmes' Bank; Hope & Co. Henry Hope; House of Egibi; Hottinguer family
Pages in category "History of banking in the United States" The following 24 pages are in this category, out of 24 total. This list may not reflect recent changes .
France claims the credit of being the mother of savings banks, basing this claim on a savings bank said to have been established in 1765 in the town of Brumath, but it is of record that the savings bank idea was suggested in England as early as 1697. There was a savings bank in Hamburg, Germany, in 1778 and in Berne, Switzerland, in 1787.