How to Manage Your Cash

Banking in America began in 1791, soon after the United States declared independence. Congress established the nation’s first central bank with eight branches. Today, with more than 11,000 banks, 2,000 savings and consumer credit loan associations, and 12,000 credit unions in the United States, you have a wide array of financial services from which to choose. A trip to the bank may be a visit to an automated teller machine (ATM) in the mall or a quick look at your savings account balance on the Internet. Your choice of financial services will depend on your daily cash needs and your savings goals. (more…)