Chasing Down History
Two storied American banks merged in 1955 to form a powerful financial institution.
Browsing: History
Aaron Burr’s Pipeline from Commerce to Banking
What does the history of the New York City water system have to do with banking? You might be surprised.
A Short History of Economic Rescues
There would be no hesitancy in 2020, when the pandemic closed the American economy. In just three months, the federal government has spent trillions to mitigate the economic distress.
Remembrance of the Debt We All Owe: Memorial Day 2020
In observance of Memorial Day, USAA has launched a campaign to help Americans honor and remember those who have given their lives in armed conflict on behalf of the United States.
The Spanish Flu Pandemic and the U.S. Economy
The Spanish flu was inherently more lethal, and medical technology was far less advanced a century ago. But the flu, despite its severity, did not cause the American economy to implode.
How Pierpont Morgan Saved the Gold Standard
In a breathtaking display of self-confidence, J.P. Morgan refilled the Treasury’s gold reserves and saved the monetary standard for four more decades.
Podcast: How a Community Banker Helped Columbus Discover Modern Architecture
With just 44,000 residents, how did the town of Columbus, Indiana, become one of the nation’s leading architectural destinations — ranked sixth of all U.S. cities for architectural innovation and design? The answer: a community bank president named J. Irwin Miller.
Calvin Coolidge, Bank President
For Presidents Day, the ABA Banking Journal presents this selection from its archive, a reflection on the service of then-President Calvin Coolidge at a Massachusetts savings bank.
The Savings and Loan Disaster
Congress has sometimes shielded bankers from the consequences of bad policies. This has occasionally brought on disaster.
The Ordeal of Hetty Green
For five hours, she pleaded, she shouted and she threatened, while crowds out on Wall Street watched the drama through the bank’s big plate glass windows.