Sunday, January 20, 2008

Citigroup





What Ever your ambition,
we'll help make it happen.
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Bank of America






SPECIAL ONLINE-ONLY.
Maximize your return with our High Yield CD.
Open online now with just $ 5,000.
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JPMorgan Chase




JPMorgan is a leading financial services firm with global scale and reach. We offer our clients the most complete and innovative solutions in the industry to help them achieve their strategic goals.
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Wachovia




Get paid to save.
Receive a bonus with Way2Save-
a new savings program.
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Wells Fargo





Today consolidate Bills and Build Your Savings Account.

We'll work with you to help you manage your debt and
build your savings balances.
See how you can make your money work for you.
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HSBC Bank USA




HSBC Direct 4.25% APY.
Online Savings.
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Deutsche Bank






We compete to be the leading global provider of financial solutions for demanding clients, creating exceptional value for our shareholders and people. A Passion to Perform. This is the way we do business.
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Washington Mutual




WaMu Online Savings
Want 4.75% APY?
Get it now!
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U.S. Bancorp





Other Banks Promise Great Service,
U.S. Bank Guarantees IT.
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Countrywide Financial




Earn 4.75% APY. 3 Month CD. $10,000 Min Balance.
Member FDIC.
Earn 5.00% APY for $10,000 Balance with SavingsLinkTM.
Posted by at
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Banking in the United States

United States Banking began in 1781 with an act of United States Congress that established the Bank of North America in Philadelphia. During the American Revolutionary War, the Bank of North America was given a monopoly on currency; prior to this time, private banks printed their own bank notes, backed by deposits of gold and/or silver.
Robert Morris, the first Superintendent of Finance appointed under the Articles of Confederation, proposed the Bank of North America as a commercial bank that would act as fiscal agent for the government. The monopoly was seen as necessary because previous attempts to finance the Revolutionary War with paper currency had failed; after the war, a number of banks were chartered by the states under the Articles of Confederation, including the Bank of New York and the Bank of Massachusetts, both of which were chartered in 1784.
The Bank of North America was succeeded by the First Bank of the United States, which the United States Congress chartered in 1791 under Article One, Section 8 of the United States Constitution, after the Constitution replaced the Articles of Confederation as the foundation of American government. However, Congress failed to renew the charter for the Bank of the United States, which expired in 1811. Similarly, the Second Bank of the United States was chartered in 1816 and shuttered in 1836.