RESEARCH TOPIC: ONLINE BANKS The banking system in the United States has existed since 1791, when the first bank was created to service the revolutionary war debt. Coins and banknotes were the main source of currency at the time and still are until some point in the 21st century. However, over the last two and a half centuries, the banking industry has changed in many ways. Basic banking services such as deposits, withdrawals, savings and loans have come a long way from their inception to where they are today. In these modern times there is a much wider range of banking services and products such as mortgages, wealth management, debt consolidation, credit cards to name a few. From the 1970s to today, banks have incorporated technology into their operations much more. This has led to people getting financial services not only from the local bank branch with the human teller but more importantly from the comfort of their home or any place with internet access without being limited to business hours. Online banking started in 1985 but was limited due to many people...