Institutions

Bodacious banking in the 80s! 🏦💸

The 1980s were a wild time for financial institutions! While break dancers were spinning on cardboard, banks were spinning up some radical new technologies.

Totally tubular banking facts

  • ATMs went mainstream in the 80s! The first drive-through ATM was installed in 1980
  • Credit cards exploded - Visa and MasterCard battled it out like rival breakdancing crews
  • The Savings and Loan Crisis of the late 80s was like the financial equivalent of a gnarly skateboard wipeout
  • Debit cards were introduced in 1983, making it easier to buy those fresh Jordans!

Movie money madness

In "Ferris Bueller's Day Off" (1986), when they go to the fancy restaurant, a meal like that would have cost about $150 - which was like half a month's allowance for most teens! 💰

Break dancing bank fact

Did you know some banks in NYC actually hired break dancers to perform outside branches to attract younger customers? Talk about radical marketing! 🕺

"Save your money today, so you can afford those parachute pants tomorrow!"