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He also worked with other banks and insurance companies including the American National Bank and Trust Company and the First National Bank of Chicago as executive vice president. In 1982 he became the Chief Executive Officer of Trust Services of America, a division of California Federal Bank and from 1994 to 1996 he was an executive of Sanwa Bank.
First Community Bancshares, Inc. is a $2.43 billion bank holding company and the parent company of First Community Bank of Bluefield, Virginia, in the United States. As of 2012 First Community Bank had 45 locations in Virginia , West Virginia , and North Carolina , and two locations operating as Peoples Community Bank in Tennessee . [ 1 ]
A trust company can be named as an executor or personal representative in a last will and testament.The responsibilities of an executor in settling the estate of a deceased person include collecting debts, settling claims for debt and taxes, accounting for assets to the courts and distributing wealth to beneficiaries.
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On April 12, 1905, it was reported that the City Trust, the North American Trust, and the Trust Company of America were merging in the near future, in what the Times called "the most important trust company consolidation of recent years." It was announced the new company would be named the Trust Company of America, with capital of $2 million, a ...
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.
On January 23, 2014, HomeTrust announced the acquisition of Jefferson Bancshares Inc. of eastern Tennessee, started in 1963, with over $498 million in assets and 12 offices, in a deal worth $51.2 million. [10] On June 10, 2014, HomeTrust announced it would buy ten Bank of America branches in southwestern Virginia with $504 million in deposits. [9]
Sparta is a town and the county seat of Alleghany County, North Carolina, United States. As of the 2020 census , the population of the town was 1,834. [ 4 ] [ 5 ]