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First National Bank Alaska is an American bank founded in 1922 by Winfield Ervin Sr., as The First National Bank of Anchorage. The first branch stood on the corner of 4th and G Streets in Anchorage, Alaska. First National Bank Alaska's original location in downtown Anchorage, Alaska, in 2016.
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In 1931, the bank changed its name to First National Bank of Seattle, and again in 1935 to Seattle-First National Bank. [3] In 1944, the bank won a case before the US Supreme Court, United States v. Seattle-First Nat. Bank, by arguing that it did not have to pay a transfer tax when it converted from a state to a federally chartered bank.
In 1953, under the leadership of John Lauritzen, First National Bank became the first bank in the region and the fifth in the nation to issue credit cards. [2] In 1968, the bank was reorganized under the bank holding company, First National of Nebraska, Inc. In 1971, employees started moving into the 22-story First National Center. Attached to ...
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The FDIC is an independent government agency charged with maintaining stability and public confidence in the U.S. financial system and providing insurance on consumer deposit accounts.