Banking in the United States

First Bank of the United States, the country's first central bank under the United States Constitution This article is part of a series onBanking in theUnited States Regulation Monetary policy Banking charters Credit union Federal savings bank Federal savings association National bank State bank Lending Credit card Deposit accounts Checking Money-market Savings Certificate of deposit Account insurance Federal Deposit InsuranceCorporation (FDIC) National Credit Union ShareInsurance Fund (NCUA) Payment and transfer Check clearing Check 21 Act Electronic funds transfer (EFT) ATM card Debit card Wire transfer Substitute check ACH Network Bill payment United States portalvte In the United States, banking had begun by the 1780s, along with the country's founding. It has developed into a highly influential and complex system of banking and financial services. Anchored by New York City and Wall Street, it is centered on various financial services, such as private banking, asset management, and deposit security. The beginnings of the banking industry can be traced to 1780 when the Bank of Pennsylvania was founded to fund the American Revolutionary War. After merchants in the Thirteen Coloni