If you were to peel back the layers of history to find out the origins of the various things that you take for granted in the modern era, you would discover that banking has been going on for thousands of years. However, you should also bear in mind that the modern banking techniques that help make it so trustworthy came about relatively recently, with the Medici family of Renaissance era Italy playing a huge role in modifying and optimizing it so that it can be more effective in several different kinds of ways.
The history of commercial banking Winston Salem is quite unique as well, in that it extends all the way back to the first banks that opened during the fifteenth and sixteenth centuries. That said, commercial banks were not considered separate entities during that era, and they were separated from their retail counterparts during the end of the 19th century. The First Commercial Bank in Taiwan is a prime example of this, setting up shop in 1899 and spurring a movement in the US to separate commercial and retail banking in their own financial systems as well.
There are numerous ways in which commercial banking has improved the economy of the world, not the least of which is that they enabled businesses to keep running even if they were operating at a loss by extending lines of credit to them. The 20th century shaped modern banking almost as much as the 16th century did, and everyone should learn more about them so that they can get a better idea of all that they can help them to accomplish based on what they truly want from their lives.