Why did many Americans distrust the Bank of the United States?

Some, especially in the trans-Appalachian West, were suspicious of banks because they distrusted the paper money issued by them and because banks controlled credit and loans. To them, the Bank of the United States was the worst of them all: a greedy monopoly dominated by the rich American and foreign interests.

Explanation:

i'm asking the same thing i asked this other cat all of

troy donahue,   i think.