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The bureau regulates the approximately 225 traditional banks that have received state charters, as well as over 14,000 non-bank lenders, including mortgage brokers, securities dealers, debt managers, and pawnshops. The department is fully funded by licensing fees and is not dependent upon tax revenue..
Bank name Headquarters location Total assets (billions of US$) [3] CET1 capital requirement [4] Market capitalization (billions of US$ as of 12/31/2023) [5] Ticker Symbol; 1 JPMorgan Chase: New York City: $4,210 12.0% $491.76 JPM 2 Bank of America: Charlotte, North Carolina: $3,324 10.4% $266.46 BAC 3 Citigroup: New York City: $2,430 11.5% $98. ...
In the United States, a state bank is a bank in a U.S. state that is chartered by the government of that state, as opposed to a national bank which is chartered at the federal level. [ 1 ] [ 2 ] Overview
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Bank of Pennsylvania building designed by Benjamin Henry Latrobe.Engraving by William Birch. Civil War memorial Adrian Michigan. In 1793, the Bank of Pennsylvania was established with a charter from the Commonwealth of Pennsylvania, and branches were opened in Pittsburgh, Harrisburg, Lancaster, Reading, and Easton. [2]
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Across the next three decades, the bank continued to grow, and in 1974, FNB Corporation was established as a financial services holding company for a growing family of business entities which included the bank, under the name The First National Bank of Mercer County and with an asset size of $120 million, and Regency Finance Company.
American State Bank was a financial service company operating 37 locations in 21 communities across Texas, mainly in West Texas. American State Bank first opened on May 20, 1948, in Lubbock. American State Bank had unusual continuity of management - there were only three presidents since its inception.