story Of Consumer Bank
he consumer bank is actually a relatively newphenomenon in the history of banking. Most bankswere initially built to serve businesses andcountries.
hey weren¶t examples of a consumer bank, since they didn¶t normally provide servicesto individuals, unless you were extremely wealthyand your deposits financed some aspects of thebank¶s business endeavors. It wasn¶t until aboutthe mid 1800s that banks started seeing the valueof offering accounts and safe depositing places for the average person.