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1861 Bank of the State of Georgia 25-cent banknote On January 19, 1861, Georgia seceded from the Union, keeping the name "State of Georgia" and joining the newly formed Confederacy in February. White solidarity was strong in 1861–63, as the planters in the Black Belt formed a common cause with upcountry yeomen farmers in defense of the ...
Until 1964, Georgia's state government had the longest unbroken record of single-party dominance, by the Democratic Party, of any state in the Union. This record was established largely due to the disenfranchisement of most blacks and many poor whites by the state in its constitution and laws in the early 20th century. Some elements, such as ...
The Bank of the State of Georgia [1] was organized in Atlanta on April 1, 1873. The founders were Francis M. Coker (who served as president), Lemuel P. Grant, developer Thomas G. Healey, and future mayor Robert F. Maddox. The bank was liquidated in May 1917.
In 1906, Lane and his associates purchased Southern Bank of Georgia enabling them to merge the two banks as the new C&S Bank. [4] The newly merged banks were officially named the Citizens and Southern Bank of Georgia. In 1922 Citizens and Southern absorbed Central Bank and Trust Corp., the bank founded by Coca-Cola co-founder Asa Griggs Candler ...
Crestar was founded in 1865 as State Planters Bank of Commerce and Trusts in 1865, becoming United Virginia Bank in 1969 and Crestar in 1987. [13] Crestar's (and SunTrust's) earliest predecessor, Farmers Bank of Alexandria, was founded in 1811. [14] In 1988, Suntrust was added to the S&P 500 Stock Price Index. [14]
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
At the time, it was the only African-American-owned bank in the North and the first African-American trust company. He also founded the Negro Bankers Association, the first African-American banking association. [5] Under his leadership, the bank withstood the Great Depression. When it was sold in 1957, more than a decade after Wright's death ...
The National Bank of Georgia was established on the basis of the Georgian Republican Bank of the State Bank of the USSR in 1991. Georgia's first central bank was established in 1919. Its first manager was Yason Lordkipanidze, who headed the bank from 1919 to 1924. In 1991