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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
The bank was founded in Philadelphia on September 8, 1803, as The Philadelphia Bank. George Clymer was the bank's first president. Later, the bank became known as Philadelphia National Bank, or PNB. During the early years of the United States, Philadelphia developed as the banking center of the country.
Its first office was located in a hardware store office. In 1938, First State Bank's assets were the largest of any town in Nebraska with a population of 1,000 or less. The Lauritzen family purchased First State Bank in 1952. First State Bank added a branch in Alma by purchasing the Harlan County Bank in 2006. [14]
Meanwhile, the State Bank of Vietnam is defined as an executive department under the Government of Vietnam, being the country's central bank that represents the government to manage functions of monetary, banking and foreign exchange operations as well as being the designated issuer of the national currency đồng.
A public bank is a bank, a financial institution, in which a state, municipality, or public actors are the owners.It is an enterprise under government control. [1] Prominent among current public banking models are the Bank of North Dakota, the Sparkassen-Finanzgruppe in Germany, and many nations' postal bank systems.
Chilton Community Center Chilton High School Chilton Post Office Calumet Medical Center Welcome sign in Klinkner Park. Chilton is a city in and county seat of Calumet County in the U.S. state of Wisconsin. The population was 3,720 as of 2024. The city is partially within the Town of Chilton.
State Bank generally refers either (1) to a financial institution that is chartered by a federated state in federal countries such as Australia or the United States (as opposed to one regulated at the federal or national level), or (2) a public bank.
(A) IN GENERAL.—If a foreign bank acquires a bank or a branch of a bank, in a State in which the foreign bank does not maintain a branch, and such acquired bank is, or is part of, a regulated financial institution (as defined in section 803 of the Community Reinvestment Act of 1977), the Community Reinvestment Act of 1977 shall continue to ...