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On May 1, 1929, the Bank merged with Industrial Savings Bank to become Union Industrial Trust & Savings Bank. [2] Several employees, including a senior vice president and two vice presidents, were caught embezzling $3.5 million from the bank in 1929. [3] [4] It failed during the Great Depression. [5]
The Industrial Savings Bank flourished during the 1920s, and in 1929 merged with the Union Trust and Savings Bank. The new bank, the Union Industrial Trust and Savings Bank, began construction on a new building (now the home of the Charles Stewart Mott Foundation). The bank continued operations into the Great Depression, but like many banks ...
In 1864, Witherbee bought out his partners, and in 1865 reorganized it as the First National Bank; this became the First National Bank of Flint in 1905. In 1916, the bank consolidated some business aspects with the Genesee County Savings Bank. Due to Flint's booming economy, both banks were outgrowing their headquarters, and in 1919, First ...
LANSING — The Michigan State Police on Monday disclosed two retirements, two firings, one demotion and one resignation arising from an internal investigation that originated at the Flint post.
Today’s highest savings rates are at FDIC-insured digital banks and online accounts paying out rates of up to 5.05% APY with no minimums at Patriot Bank, Openbank by Santander and other trusted ...
Today’s highest savings rates are at FDIC-insured digital banks and online accounts paying out rates of up to 5.50% APY with a $1,000 minimum at Poppy Bank and up to 5.33% APY with no minimums ...
This article includes a list of U.S. states that have highest portion of savings (i.e. pensions, investment products, 401(k)); regular savings account, certificate of deposit, or Individual Retirement Account. The increase in people has also increased the Nest Egg index within a given year.
The post commander at West Branch, 1st Lt. Jeff Short, who was a former assistant post commander in Flint under Brantley accused of participating in the cheating, was demoted to trooper. Sgt.
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