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At 2:45 in the afternoon of November 26, 1924, seven men led by Pierpont held up the South Marion State Bank at Thirty-first and Washington streets in Marion, Indiana, robbing the bank of approximately $4,000 in cash. [20] No one was injured, and not a shot was fired. Five men went inside, two stayed outside. [20]
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Golden West Savings and Loan Association was purchased in 1963 for $4 million by Herbert Sandler and Marion Sandler, through their newly created corporation, Golden West Financial. Some of the capital for the acquisition came from bank loans, with the balance coming from Marion's family money. [2]
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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
Marion Osher Sandler (October 17, 1930 – June 1, 2012) [1] was the co-CEO (with her husband Herbert Sandler) of Golden West Financial Corporation and World Savings Bank.In 2004, after 43 years running Golden West Financial Corporation, she was described by the Columbia School of Journalism as "the first and longest-serving woman chief executive officer in the United States."
Growth continued for WEFCU between 1963 and 1978, requiring the credit union to relocate to 2900 South State Street in downtown St. Joseph. Assets exceeded $30 million, with 15,800 members and 27 employees. Beginning in 1980, WEFCU merged with credit unions serving Whirlpool subsidiaries in Marion, OH and Fort Smith, AR. In 1987, CFCU reached ...
Case history; Prior: Barnett Bank of Marion County, N.A. v. Gallagher, 43 F.3d 631 (11th Cir. 1995): Holding; The court said states could manage national banks [2] when “doing so does not prevent or significantly interfere with the national bank’s exercise of its powers" which is called conflict preemption.