Publisher's Synopsis
Banks play an important role in fostering wealth creation and well-being. However, the number of banks in our society is dwindling. People are turning to online and remote banking. Some are even using credit cards. These developments are changing the landscape of the financial sector. Early American banks were designed to provide a specific set of services under one set of economic circumstances. They were often characterized by their adaptability and flexibility. The banking system was also a key part of the formation of an independent nation. New England's banks were relatively small in size compared to their counterparts in other regions. They granted loans to farmers, artisans and merchants in their local communities.
