Coming of Age
After World War II, the nation’s economy took off. Cold War defense spending, big gains in the auto industry and a housing boom drove huge increases in gross national product. The United States quickly rose to the position of richest country in the world, and more Americans than ever considered themselves part of the middle class.
People had money to spend. The growing popularity of television and the advertising that came with it exposed viewers to all kinds of consumer goods. The housing boom and increased mobility through better roads and cars meant people were moving, too. It was a time of prosperity.
As more money moved through the economy, Lake City Bank expanded too. New buildings, automated processing and creative promotions mark this period of the bank’s history. Learn more about it in our stories.