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Columbia Basin Trust received a $295 million endowment by the Province. $250 million is committed to finance power project construction. As directed by Basin residents, $45 million is being reinvested for the benefit of Basin residents through short-term cash investments, business loans, real estate ownership, and venture capital projects.
The Federal Deposit Insurance Corporation (FDIC) may assume deposits of banks or allow other banks to assume them. The largest banks to be acquired have been the Merrill Lynch acquisition by Bank of America, the Bear Stearns and Washington Mutual acquisitions by JPMorgan Chase, and the Countrywide Financial acquisition also by Bank of America.
Columbia Power Corporation is a Crown Corporation, owned by the province of British Columbia, Canada. Its mandate is to undertake hydro-electricity projects in the Columbia River region of British Columbia. In so doing, it is required to work with its sister crown corporation the Columbia Basin Trust. Its assets include:
Dec. 5—CASHMERE — The Columbia Basin Project is making gradual progress toward completion with significant accomplishments for the Odessa Groundwater Replacement Program and other milestones ...
American Home Mortgage Investment Corporation was the 10th largest retail mortgage lender in the United States and was structured as a real estate investment trust (REIT). In 2007, it filed for bankruptcy and was liquidated.
The company was first organized in 1925 in Newport, Oregon, under the name of Bank of Newport.In 1995, Bank of Newport merged with Commercial Bank of Salem, Oregon.In 1999, after acquisitions of the Bank of Vancouver (of Vancouver, Washington), and Centennial Bank of Olympia, Washington, the new entity changed its name to West Coast Bank.
Marine Midland was founded as Marine Bank, a state-chartered bank, on July 10, 1850, with capital of $170,000. It was founded by eight men from across New York—General James S. Wadsworth of Geneseo, J. P. Beekman of Kinderhook, New York, John Arnot of Elmira, John Magee and Constant Cook of Bath, William R. Gwinn of Medina, and George Palmer and James M. Ganson of Buffalo.
Fulton Financial Corporation is a U.S. regional financial services holding company, headquartered in Lancaster, Pennsylvania.. Fulton Financial Corp. has over $30 billion [1] in assets and operates as Fulton Bank.