
Jeremy Norman Collection of Images - Creative Commons
Artist's rendering of the first proposed ERMA installation for the Bank of America
In 1955 Stanford Research Institute in Menlo Park, California, began the computerization of the banking industry by demonstrating a prototype electronic accounting machine using its ERMA (Electronic Recording Method of Accounting) system for Bank of America in San Francisco.
The ERMA system was built for Bank of America by General Electric.
Timeline Themes

Jeremy Norman Collection of Images - Creative Commons
Cover of a brochure that Bank of America issued explaining the ERMA system before implementation.

Jeremy Norman Collection of Images - Creative Commons
Page opening from Bank of American ERMA brochure with further details on the system.

Jeremy Norman Collection of Images - Creative Commons
Page of the Bank of America brochure describing and illustrating the magnetic drum memories used by the system. Until the wide-spread adoption of solid-state memories, the electronic memory systems remained a significant stumbling block in building large scale systems.