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In 2000, the bank opened its first branches in Phoenix, Arizona. [1] In 2007, the bank changed its name to Amtrust Bank. [3] In January 2009, the bank sold its 5 branches in Columbus, Ohio, to WesBanco. [4] On December 4, 2009, as a result of bank failure, the bank was shut down by the Office of Thrift Supervision.
Bird's-eye view map of Cleveland in 1877. The city of Cleveland, Ohio, was founded by General Moses Cleaveland of the Connecticut Land Company on July 22, 1796. Its central location on the southern shore of Lake Erie and the mouth of the Cuyahoga River allowed it to become a major center for Great Lakes trade in northern Ohio in the early 19th century.
AmTrust Financial Building, formerly known as McDonald Investment Center, Key Center and the Central National Bank Building, is a commercial high-rise building in Cleveland, Ohio. The building rises 308 feet (94 m) in Downtown Cleveland. [1] It contains 23 floors, [1] and was completed in 1969. [2]
There were 25 branches but in October 2008 the Federal Reserve Bank of New York Buffalo Branch was closed. List of Federal Reserve branches [ 1 ] [ 2 ] Map of the twelve Federal Reserve Districts, with the twelve Federal Reserve Banks marked as black squares, and all Branches within each district (24 total) marked as red circles.
The city of Cleveland is the location of 279 of these properties and districts, including 3 of the National Historic Landmarks; they are listed here, while the remainder are listed separately. Four properties and districts are split between Cleveland and other parts of the county, and are thus included on both lists.
In 2017, the bank sold the mortgage business acquired from the purchase of AmTrust at a $90 million profit. [18] In March 2010, Desert Hills Bank of Phoenix, Arizona, with $496 million in assets, was seized by the FDIC and acquired by NYCB. [19] [20] In June 2012, NYCB acquired the assets of Aurora Bank from Lehman Brothers. [21]
Happy birthday, Cleveland! News 5 reporter John Kosich reminds us of the history of the city, through a tale as old as time.
Cleveland [a] is a city in the U.S. state of Ohio and the county seat of Cuyahoga County. [10] Located along the southern shore of Lake Erie, it is situated across the Canada–United States maritime border and lies approximately 60 mi (97 km) west of Pennsylvania.