Show MANY BANKS LONG LIVED in the united states banks bank over years yean oll 2472 banks bank over SO 50 years year old banks bank over 23 years year old there are in the united states banks bank that have been in 13 continuous existence for more than one hundred years there are 2172 2472 banks banki over fifty antty years old while 64 of all the banks in this country or are twenty live five years old or older la in other words practically two thirds of 0 tie the banks in this country have come through several sire alve periods of depression and panic including 1907 1920 and 1929 33 the oldest bank in the country to la la in boston haying having leen chartered february 17 1781 la in the 64 of bunks banks that are awen deais old or older la Is lodged a major portion ot of the banking resources of the nation in comment ing recently upon the stability of a great majority ot tho the banks in the united states dr harold stonier educational director of the amerl can bankers association said the fact that we have no mo many banks that have bare been iu in exi existence a tence a long period of years year Is an e eloquent tribute to the genius of 0 american manage ilal ability for no DO other country has hai experienced such iuan wild gambling eras anil resultant periods of business nes stagnation as ai those thoi through which our country ha has paused passed at frequent intervals during the past century |