1936 - 1966

Stabilization & Challenge

World War II, with its insatiable demand for manpower and material, signaled the end of the Great Depression. National service pulled many bank examiners off the front lines of supervision and moved them to the front lines of combat, which meant increased responsibility for the remaining staff. Fortunately, with the newly restrictive regulatory framework and the emphasis on lending to government rather than individuals, bank safety and soundness was never compromised.

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A Stable Banking SystemShow
A Controversial & Innovative ComptrollerShow

A Closer Look