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!"