For years, the depository institutions, especially commercial banks, have been a staple in the U.S. economy. They were how consumers and businesses alike found loans and a place for their deposits. However, the financial crisis of 2008 changed the entire landscape for financial institutions. For this question, compare and contrast the performance of the large commercial banks before the financial crisis and after the financial crisis. 

Explain how the role of commercial banks has changed in the minds of the customers.

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Before the financial crisis of 2008 large commercial banks in the United States were regarded as stable and reliable institutions They played a significant role in the economy by providing various fin... View the full answer