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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
State Bank of South Australia: established 1896, collapsed in 1991, subsequently privatised and rebranded as BankSA; Tasmania. State Savings Bank of Tasmania: established 1902, taken over by Commonwealth Bank in 1913; Victoria. State Bank of Victoria: established 1842, collapsed in 1991 and sold to the Commonwealth Bank; Western Australia
In 1781, an act of the Congress of the Confederation established the Bank of North America in Philadelphia, where it superseded the state-chartered Bank of Pennsylvania founded in 1780 to help fund the war. The Bank of North America was granted a monopoly on the issue of bills of credit as currency at the national level.
William Sargent Ladd (October 10, 1826 – January 6, 1893) was an American politician and businessman in Oregon.He twice served as Portland, Oregon's mayor in the 1850s. A native of Vermont, he was a prominent figure in the early development of Portland, and co-founded the first bank in the state in 1859.
In 1842, he founded Thompson's Bank Note Reporter. [4] It was the most widely read and trusted of the several dozen bank note reporters in print during the free banking era —a genre of periodical which published information about the market value of the notes printed by each of the hundreds of banks spread across North America, as well as up ...
The Nasdaq Stock Market (/ ˈ n æ z d æ k / ⓘ; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City.It is the most active stock trading venue in the U.S. by volume, [3] and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. [4]
The three founding community banks were: The First National Bank of Neenah, founded in 1861; Kellogg Citizens National Bank, Green Bay, founded 1874; and Manitowoc Savings Bank, founded in 1884. 1989 – Acquired the Associated De Pere Bank of De Pere, Wisconsin; 1991 – Acquired Farmers State Bank of Pound, Wisconsin, and F&M Financial Services
Anthony Overton was the president of the bank and the board. [5] There were other Black owned banks in Chicago at the time including the bank owned Jesse Binga who founded the first privately owned African-American bank in Chicago in 1908. The bank later became the Binga State Bank in 1921.