On March 18, 1852, in New York City, Henry Wells and William
G. Fargo join with several other investors to launch their
namesake business, today one of the world’s largest banks.   

In July 1852, their company shipped its first loads of freight
from the East Coast to mining camps scattered around
northern California.

On September 2, 1969, America’s first automatic teller
machine (ATM) makes its public debut, dispensing
cash to customers at Chemical Bank in Rockville
Centre, New York. ATMs went on to revolutionize the
banking industry, eliminating the need to visit a bank
to conduct basic financial transactions.  

By the 1980s, these money machines had become
widely popular and handled many of the functions
previously performed by human tellers, such as
check deposits and  money transfers between
accounts. 

Today, ATMs are as indispensable to most people
as cell phones and e-mail.

Donald C. Wetzel (93) is an American businessman known
for holding the USA patent to the automatic teller machine.

Eight days after his inauguration, President Franklin D. Roosevelt
gave his first national radio address, or “fireside chat” (above), broadcast directly from the White House during the Great
Depression.  He began that address simply: “I want to talk for a
few minutes with the people of the United States about banking.”
He went on to explain his recent decision to close the nation’s
banks in order to stop a surge in mass withdrawals by panicked investor’s worried about possible bank failures. The banks would
be reopening the next day.

Roosevelt thanked the public for their “fortitude and good temper
during what he called the “banking holiday.”

The date was November 12, 1946. The place was the Exchange National
Bank of Chicago. The innovation was called a "drive-in bank."