298 Sentences With "savings and loan association"

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Astoria Bank (Formerly Astoria Federal Savings and Loan Association) --Support Rating at '5'; --Support Rating Floor at 'NF'.
Hillary Rodham Clinton's relationships with Madison Guaranty Savings and Loan Association, Whitewater Development Corporation, or Capital Management Services.
He was quickly hired by the Washington Federal Savings and Loan Association in Miami Beach as an auditor.
One of George H. W. Bush's sons, Neil Bush, was tied to Silverado, a collapsed savings and loan association.
In the 1970s, he was a lawyer for the Lincoln Savings and Loan Association, the financial institution in Irvine, Calif.
Judge Hooks and others will tell you that we have an account here in the savings and loan association from the Southern Christian Leadership Conference.
Astoria Bank (Formerly Astoria Federal Savings and Loan Association) --Long-Term IDR 'BBB-'; --Short-Term IDR 'F3'; --Long-term Deposits 'BBB'; --Short-term Deposits 'F2'; --Viability Rating 'bbb-'.
On April 18, 2012, two weeks after the arson, Mr. Gotti and Mr. Rullan were also accused of robbing a Maspeth Federal Savings and Loan Association in Queens.
About two and a half hours west of The Old Home, in Sidney, Ohio, the People's Savings and Loan Association looks much like it did when it opened in 1917.
He was one of five senators who took favors from Charles Keating to intercede with federal regulators on behalf of the Lincoln Savings and Loan Association, which collapsed with catastrophic losses.
He also admitted to taking part in the robbery of $5,941 from the Maspeth Federal Savings and Loan Association in which prosecutors said he and Rullan manned the getaway care on April 28, 2012.
One of the more than 22012 S&Ls that went bust was the Lincoln Savings and Loan Association of Irvine, California, whose chair Charles Keating was a generous donor to a number of politicians' campaign funds.
That was when the government seized Washington Mutual — a giant savings and loan association, known as WaMu, that had suffered a sudden mass exodus of depositors — and sold its assets to JPMorgan Chase for $1.9 billion.
The Whitewater scandal involved an investigation into a land deal Bill and Hillary Clinton made back in 1978, and the deal's relationship to a savings and loan association that failed in 1989 — Dylan Matthews explains more here.
The one blemish on Mr. Glenn's squeaky-clean political reputation came in the 19593s, when he was one of five senators present at a meeting with federal regulators concerning accusations of savings and loan association fraud against Charles H. Keating Jr., a former Ohioan.
Glenn was caught up in the Keating Five scandal of 1989 when he and four other Senators were accused of improperly interfering with a regulatory investigation into the Lincoln Savings and Loan Association in 1987 after the Association's Chairman, Charles Keating, made contributions of more than $1 million to various senators.
He was president of San Luis Obispo Savings and Loan Association in 1967-1975 and was director of Central Savings and Loan Association in 1946-1967. Maino graduated from the University of Santa Clara (R.S., 1935).
Early festivals were held at War Memorial Plaza and Patterson Park. Later the festival moved to Dundalk and eventually to its current home in Parkville. The Slavie Savings And Loan Association Inc., changed its name to the Slavie Federal Savings and Loan Association in 1987.
Bollenbach served as chairman and chief executive officer of Southwest Savings and Loan Association in Phoenix from 1980 to 1982.
Denny also served on the Boards of Directors of the Richmond Federal Savings and Loan Association, the Miller Manufacturing Company, and Mason- Hagan.
He also served on the board of directors of the Commercial Bank of Lexington and the Mutual Savings and Loan Association in Lexington.
The Czech community was then centered in Baltimore's Ward 7. The Fairmount and Chapel Streets Permanent Building, Savings and Loan Association No 1 Inc.
Golden West Financial was the second-largest savings and loan association in the United States, operating branches under the name of World Savings Bank.
In 2000, the Slavie Federal Savings and Loan Association became the Slavie Federal Savings Bank. The bank's headquarters were moved to the Baltimore suburb of Bel Air in 2001. By 2008, people of Slavic descent still made up ten percent of Slavie's customer base. In 2007, the Golden Prague Federal Savings and Loan Association was purchased by the Bradford Bank and merged into it.
Gibraltar Savings and Loan Association was an American bank operating in California, Washington, and Florida. It was organized as a savings and loan and failed in 1989.
A charter member of First Federal Savings and Loan Association in Winnfield, he served on the board of directors until October 1970, when his son, Estes, succeeded him.
The Lincoln Savings and Loan Association of Irvine, California, was the financial institution at the heart of the Keating Five scandal during the 1980s savings and loan crisis.
When American Savings and Loan acquired Pacific Savings and Loan Association of Hawaii in 1977, it added another six locations on Oahu. In 1978, American Savings and Loan marked a milestone when it achieved $1 billion in assets. On January 23, 1987, American Savings and Loan Association announced the formation of a separate subsidiary to conduct its operations. The subsidiary, called American Savings Bank, was a federally chartered savings bank with its home office in Honolulu, Hawaii.
He founded a real estate and insurance business in Lynbrook, New York, and was also chairman emeritus of the board of directors of the Suburbia Federal Savings and Loan Association in Garden City.
In 1961 he became vice- president of the Arizona Bar Association. Udall co-founded the Bank of Tucson, and the Catalina Savings and Loan Association, and in 1960 became president of Tucson's YMCA.
The mortgage- holder, American Savings and Loan Association went out of business, and Federal Savings and Loan Insurance Corporation assumed the mortgage, while a consortium headed by Robert Bass assumed property management duties.
The building is modeled on the People's Federal Savings and Loan Association in Sidney, Ohio. Note: This includes and Accompanying photographs. It was listed on the National Register of Historic Places in 1987.
This is a tax for the privilege of operating a bank,Section 148.030, RSMo. consumer credit or loan business,Section 148.140, RSMo. savings and loan association,148.620, RSMo. or credit union in Missouri.
Glendale Federal Savings and Loan Association, later Glendale Federal Bank, was one of the nation's largest federally chartered savings and loan association during the 1980s. It was long based in Los Angeles suburb Glendale, California, at 401 Brand Boulevard. The Glendale Federal brand was retired in 1998 when Glendale Federal was merged into California Federal Bank via a reverse merger engineered by Ronald Perelman and Gerald J. Ford, the owners of California Federal via their privately-owned First Nationwide Holding Inc.
The business was founded in 1929 as Golden West Savings and Loan Association, a small savings and loan in Oakland, California. Golden West Financial's subsidiary, World Savings, was established in Madera, California, in 1912.
The People's Federal Savings and Loan Association is a historic bank building at 101 East Court Street in Sidney. It is an early-modern building in western Ohio, designed by Chicago architect Louis Sullivan, the mentor of Frank Lloyd Wright. It was designed and built in 1917 for use by Peoples Federal Savings and Loan Association, which still operates out of it. It is one of a handful of banks designed by Sullivan between 1908 and 1919 for small communities in the central United States.
Alternate Link via ProQuest. The acquisition by WaMu was completed in June 1990 for $10 million. Link via ProQuest. In June 1990, WaMu announced the completed acquisition of all six offices of the failed Walla Walla-based Frontier Federal Savings and Loan Association in Eastern Washington from the Resolution Trust Corporation for $1.8 million. In September 1990, WaMu announced the completed acquisition of all three Washington branches of the failed Utah-based Williamsburg Federal Savings and Loan Association from the Resolution Trust Corporation for $1.3 million.
Greater Atlantic Bank was founded on May 27, 1887 as the Greater Baltimore Savings and Loan Association. On May 31, 1989, the Greater Baltimore Savings and Loan Association changed its name to Greater Atlantic Savings Bank and on April 20, 1998, the company changed its name to Greater Atlantic Bank. On September 19, 1991, Greater Atlantic moved its headquarters from Baltimore, Maryland to Rockville, Maryland and on September 23, 1999, the company moved its headquarters from Rockville, Maryland to Reston, Virginia. On August 22, 2000, Greater Atlantic completed its acquisition of Dominion Savings Bank.
A history of prosecuting complex financial crimes made Wisenberg a top candidate to assist Independent Counsel Starr in the investigation of the Clinton's financial involvement with the Madison Guaranty Savings and Loan Association, and he was recruited by Starr's Office.
In 1962 he was sworn in as an Assistant United States Attorney in the Southern District of New York, in the office led by Robert Morgenthau. He was a federal prosecutor for over three years and tried a number of major criminal cases. These included convicting, after a four-month trial, five officials of a federal savings and loan association of perjury. The perjury was committed by the bank officers to cover up the diversion of over $250,000 from the savings and loan association to finance a political campaign for Congress being conducted by the president of the association.
This was one of the largest stock conversions by dollar amount in the history of the thrift industry. Standard Federal completed the acquisition of Tower Federal Savings Bank of South Bend (Indiana) on June 18, 1988. During 1989, the bank acquired two savings institutions in Michigan: First Federal Savings and Loan Association of Kalamazoo (originally known as the Kalamazoo County Building Loan Association) and Peoples Savings Bank, F.S.B. in Monroe. On September 6, 1991, Standard Federal entered the Ohio market, gaining a significant presence in the northwest Ohio area through the acquisition of United Home Federal Savings and Loan Association of Toledo.
He was the founder of the Confair Bottling Company and worked as president of the First Federal Savings and Loan Association. He was a member of the board of directors for Williamsport chamber of commerce and the Northern Central Bank and Trust.
He later became one of the directors and president of the Mutual Savings and Loan Association in Martinsville (an early Mutual savings bank). For the county, he was also a member of the "Board of Assessors" and the "Board of Equalization" for taxes.
The Carver Federal Savings and Loan Association, an African-American-run bank, opened a branch in Penn South in 1963, marking the first time that an African- American-run bank had been allowed to operate in a non-African-American neighborhood in New York City.
TCF branch footprint. Top: United States midwest, Lower Left: Arizona & Lower Right: Colorado. TCF Bank began business in 1923 as Twin City Building and Loan Association. It received a federal charter in 1936 and changed its name to Twin City Federal Savings and Loan Association.
He was General Counsel of the Board of Commissioners of the Port of Palm Beach District from 1950 to 1963. He was President, Chairman of the Board and General Counsel for Home Federal Savings and Loan Association of Palm Beach, Florida from 1958 to 1963.
On February 4, 1932, Mutual Savings and Loan merged with American Building and Loan to become American Mutual Savings and Loan. Ten years later, the corporate name was changed to American Savings and Loan Association. By 1958, American Savings and Loan had five offices.
Home Federal Savings and Loan Association was a federal stock savings and loan association operating in Fayetteville, North Carolina, Lumberton, North Carolina, and Spring Lake, North Carolina with consolidated assets of $155.6 million, as of July 31, 1997. The Institution was wholly owned by Green Street Financial Corporation, Fayetteville, North Carolina, a unitary nondiversified holding company. The Institution had a main office at 241 Green Street in downtown Fayetteville, one branch on Raeford Road in Fayetteville, one branch in Spring Lake, and one branch in Lumberton. Home Federal's staff consisted of 30 full-time employees and two part-time employees as of July 31, 1997.
But after a lawsuit was filed, the California Court of Appeals found that because Gail had not had a normal pregnancy and her emergency surgery was performed to stop bleeding and save her life, her pregnancy was deemed worthy of disability benefits. This case allowed women with medical complications during pregnancy to be granted benefits and more protections, such as disability coverage for not just pregnancy, but also the amount of time it takes for recovery from complications. California Federal Savings and Loan Association v. Guerra (1987) Lillian Garland worked as a receptionist for California Federal Savings and Loan Association for a few years as a receptionist when she became pregnant.
U.S Census Records 1910. William S. Brockstoce was a secretary of the Sheraden Savings and Loan Association, a building contractor, and an amateur horticulturist. He was responsible for constructing many more homes in the area.“One Horticulturalist’s Work of Art”, The Pittsburgh Post-Gazette, July 28, 1999.
2006 Plant With Purpose first uses the Village Savings and Loan Association (VSLA) method. 2008 Floresta and Upland Holistic Development Project (UHDP) form a partnership in the northern hills of Thailand. 2008 Floresta Burundi becomes the sixth international program. 2010 Floresta is renamed Plant With Purpose.
The Akademie för uns Kölsche Sproch (Academy for our Colognian language) was established in 1983 by the Stadtsparkasse Köln (Cologne Savings and Loan Association). As part of the bank's foundation for culture, this academy campaigns for the preservation and promotion of the Kölsch dialect as a language.
The bank was established in 1920 as FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF DEFIANCE. In 2000, the name of the bank was changed to First Federal Bank of the Midwest. In March 2008, the company acquired Pavilion Bancorp Inc. and its subsidiary, the Bank of Lenawee.
Sloan worked as a bank teller at Standard Federal Savings and Loan Association in Ann Arbor, during the summer holidays while a student. In 1984, he joined Continental Illinois National Bank and Trust. In 1987, he joined Wells Fargo, rising to COO and president in November 2015.
As an attorney, Galvin was admitted to the Supreme Court of the United States bar on November 18, 1943. Galvin was a president of the Hammond Chamber of Commerce, a director of the Mercantile National Bank of Hammond, and of the Citizens Federal Savings and Loan Association of Hammond.
H. Claude Hudson was a prominent businessman and advocate for civil rights, best known for helping to found the Broadway Federal Savings and Loan Association (now Broadway Federal Bank) in Los Angeles. In 1931, he was the first African-American graduate of Loyola Law School in Los Angeles.
The acquisition was completed in April 1992. In December 1991, WaMu announced the pending acquisition of both Washington state branch offices of the California-based World Savings and Loan Association of America, a subsidiary of Golden West Financial, for an undisclosed amount. The acquisition was completed in March 1992.
Madison Guaranty Savings and Loan Association was a savings and loan association based in Little Rock, Arkansas. The company operated from 1979 until 1989 when it was shut down by federal regulators as a result of bank failure, leading to a loss of $60 million for the Federal Deposit Insurance Corporation. Beginning in 1982, the bank was owned and managed by Jim McDougal, a friend of Bill Clinton and Hillary Clinton. On March 8, 1992, during the 1992 United States presidential election the bank was the subject of an article in The New York Times by Jeff Gerth, which linked the bank to Whitewater Development Corporation, owned by McDougal and the Clintons.
It was from this location that the warnings from the Weather Bureau Central Office in Washington were disseminated for the Great Miami Hurricane of 1926 and the Okeechobee Hurricane of 1928. The Miami Weather Bureau Office remained on the third floor from 1914 to 1929, although the weather instruments were moved to the Seybold Building in 1927. Old Miami Federal Building circa 1917, showing weather instruments Dr. William Homer Walker created First Federal Savings and Loan Association of Miami in 1933, when he acquired the first federal savings and loan charter ever issued in the United States. The original name of the institution was the First Federal Savings and Loan Association of Miami.
After World War II, the American housing market expanded tremendously, especially in California. In 1947, Ahmanson purchased the Home Building and Loan Association, a savings and loan association with assets of less than $1 million, for $162,000. Alternate Link via ProQuest. Home Savings then became the cornerstone of H.F. Ahmanson & Company.
After leaving the Army, Lawton resided in Bethesda, Maryland.DAV magazine, published by Disabled American Veterans, Volume 15, Issues 1-4, 1973, p. 33 He accepted a position as Vice President and Vice Chairman of the Board for Government Loan Services Savings and Loan Association, Inc., where he remained until retiring in the 1980s.
TCF Financial Corporation began business in 1923 as Twin City Building and Loan Association. In 1936, it was given a federal charter and renamed as Twin City Federal Savings and Loan Association. In 1986, it became a public company. In 1995, TCF increased its Michigan presence by acquiring the Great Lakes National Bank.
Howard F. Ahmanson Sr. (1906 - June 17, 1968) was an American businessman and philanthropist. He was the founder of an insurance and savings and loan association, H.F. Ahmanson & Co.. He made his fortune during the Great Depression selling fire insurance for property under foreclosure. He also bought real estate and invested in oil.
It is the only surviving structure associated with the Clinton Female Academy. It was restored and renovated for use by the First American Federal Savings and Loan Association in 1980–1981. It was added to the National Register of Historic Places in 1983. It is located in the College Street Historic District.
The Superior Bank FSB was a Hinsdale, Illinois-based savings and loan association that collapsed in July 2001OTS Closes Superior Bank FSB; Hinsdale, Ill. Thrift is Insolvent with some $2.3b in assets.Joseph Weber and Lorraine Woellert, The Pritzkers' Empire Trembles, Business Week September 10, 2001 It was co-owned by the Pritzker family of Chicago.
In addition to managing the family ranching and citrus produce business at Rancho Guadalasca, Broome founded the Conejo Savings and Loan Association in Thousand Oaks, and served on a number of boards and commissions, including the Ventura County Harbor Commission and the boards of Pepperdine University and the House Ear Institute in Los Angeles.
By 1966 when this building was completed, First Federal was the largest Savings and loan association in eastern Iowa and western Illinois. The three-story Modern movement building was designed by William F. Cann of the Bank Building and Equipment Corp. of St. Louis. It was built at the same location of their previous building.
In its first expansion move, Old Stone Corporation acquired the ailing Seattle, Washington-based Citizens Federal Savings and Loan Association for an undisclosed amount with the assistance of the Federal Savings and Loan Insurance Corporation. Alternate Link via ProQuest. This federal bailout had cost the tax payers $78.7 million. The new acquisition was renamed Old Stone Bank of Washington.
In 1946, Mr. Broad helped organize the Bank of Hollywood Hills and the North Shore Bank of Miami Beach. The following year, he helped establish the American Savings and Loan Association of Florida. He subsequently served as the president of the Mercantile National Bank of Miami Beach. He assisted in founding the Bank of Miramar, Florida.
HomeTrust Bank was founded in 1926 as Clyde Building and Loan in Clyde, North Carolina. Later, the name changed to Clyde Savings and Loan Association and then Clyde Savings Bank. Ed Broadwell joined the bank in 1965 at age 27, the youngest bank president in the state. The bank had $10 million in assets and five people worked there.
In 1933, Grossman founded Home Owners Federal Savings and Loan Association of Boston. He served as the institution's president until his retirement in 1979. Grossman also served a director of the Quincy Cooperative Bank and Boston World Trade Center. During his 39 years with the Quincy Cooperative Bank, its assets grew from $130,000 to $50 million.
After Alexander's death, Home Savings and Loan Association obtained the Desert Inn property in 1966. That same year, developer Joseph K. Eichenbaum released a statement on plans of constructing a multi-million dollar commercial center on the old site. Architect Charles Luckman was commissioned to design the new shopping mall. Demolition of the Desert Inn began in August 1966.
The building was added to the National Register of Historic Places on July 2, 1973. From 1979 to 1983, the building was occupied by Mutual Federal Savings and Loan Association. Tiffany's Ice Cream Parlor was the last business in the building, from 1984 to 2007. The building was donated to the Licking County Foundation in December 2013.
Nat T. Winston (June 21, 1895 – June 18, 1961) was a prominent Tennessee businessman. Winston was the founder and president of Johnson City Home Federal Savings and Loan Association as well as serving on the Federal Savings and Loan League Committee. Winston was also an author of environmental poetry. He is the father of Nat T Winston Jr.
USPS (November 26, 2008). Retrieved on July 8, 2011. Money orders are a declining business for the USPS, as companies like PayPal, Venmo and others are offering electronic replacements. From 1911 to 1967, the Postal Service also operated the United States Postal Savings System, not unlike a savings and loan association with the amount of the deposit limited.
He founded the APHA's Scientific Exhibits Committee, and served as its head for ten years; he also became the director of the New Museum of Health when it was formed in 1937. He directed the health exhibit at the 1939 New York World's Fair, and became the director of the Bankers Federal Savings and Loan Association in 1945.
The First Federal Savings and Loan Association Building is a historic building located in Downtown Davenport, Iowa, United States. It was individually listed on the Davenport Register of Historic Properties and on the National Register of Historic Places in 2016. In 2020 it was included as a contributing property in the Davenport Downtown Commercial Historic District.
During the 1980s, State Mutual absorbed six other life insurance companies and maintained policyholders and agents in over 30 states. State Mutual also purchased a savings and loan association, which was refurbished and then sold. In the 1990s, State Mutual Insurance Company shifted its market to seniors. Life insurance and Medicare supplement products were developed with competitive rates.
He served as President of the Western Federal Savings and Loan Association from 1931 to 1956. He also sat on the Board of Directors of the Central Investment Corporation. He was a member of the California Republican Party. Moreover, he co-founded the Lincoln–Roosevelt League and served as a delegate to the 1932 Republican National Convention.
A shrewd investor and businessman, he became a multi-millionaire, and had a remarkable business career. Lawless was director of both the Supreme Life Insurance Company"Prominent Doctors, Councilman on Insurance Board,", Jet, April 23, 1964. and Marina City Bank. He was also a charter member, associate founder, and President of Service Federal Savings and Loan Association in Chicago.
From 1925 to 1930 Blayton was employed at Morehouse College, a historically black college in Atlanta, Georgia, as a professor in accounting. There, he became a popular mentor for young African-Americans studying the subject. He was founding president of Georgia's Mutual Federal Savings and Loan Association between 1925 and 1971. In 1928 Blayton successfully passed the Georgia accounting examination.
Congress passed the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, which incorporated most of Bush's proposals.Greene, pp. 97–100 In the wake of the savings and loan crisis, the Senate Ethics Committee investigated five senators, collectively referred to as the "Keating Five", for allegedly providing improper aid to Charles Keating, the chairman of the Lincoln Savings and Loan Association.
Investigation of Lincoln Savings & Loan Association. House Committee on Banking, Finance, and Urban Affairs. He pleaded guilty to three federal fraud counts in connection with the collapse of the Lincoln Savings and Loan Association and agreed to testify against his father-in-law Charles H. Keating Jr.Stevenson, Robert W. (May 16, 1992). Keating In-Law Enters Plea And Will Assist Prosecutors.
Clinch was trustee and then executive director of the Sierra Club Foundation from 1970 to 1981 and was an early member of the board of nature-focused consumers' co-operative Recreational Equipment, Inc. In the 1970s, he represented the Lincoln Savings and Loan Association of Irvine, California. He was a director of the Environmental Law Institute from 1980 to 1986.
The Slavie Federal Savings and Loan Association closed its original location on Collington Avenue near Johns Hopkins Hospital in 1993. Ze Mean Bean Café in Fell's Point opened in 1995. It is a restaurant which offers Slavic and Eastern European fare, including Czech cuisine. The restaurant was founded by Yvonne Dornic as an ode to her Czechoslovakian-born Carpatho-Rusyn father Ivan Dornic.
150x150px The Detroit Federal Savings and Loan Association Building is a four-story glass- and-steel bank building designed in 1971 by Ted Rogvoy Associates. The building is set back from Woodward the same distance as the Chase Tower Detroit (National Bank of Detroit Building) just to the north. Because of its age, this building is a non-contributing property.
The college was established after a land donation by the World Savings and Loan Association in 1994. The campus was established on June 20, 1995. Northwest Vista College officially opened in the fall of 1995 as one of the newest additions to the Alamo Community College District. Classes were offered at the Northside Independent School District and at partner corporation sites.
After leaving office Pittman resumed operation of the Ely Daily Times. He later sold the newspaper, and became an officer of the Nevada Savings and Loan Association and the Nevada State Bank. He was involved in the Rotary Club and was a delegate to international conferences in Switzerland and Japan. He served as a delegate to the 1956 and 1960 Democratic National Conventions.
The savings and loan association became a strong force in the early 20th century through assisting people with home ownership, through mortgage lending, and further assisting their members with basic saving and investing outlets, typically through passbook savings accounts and term certificates of deposit. The savings and loan associations of this era were famously portrayed in the 1946 film It's a Wonderful Life.
TCF Financial Corporation began business in 1923 as Twin City Building and Loan Association. In 1936 it was given a federal charter and renamed as Twin City Federal Savings and Loan Association. The company went public in 1986 chartered under the name TCF Banking and Savings, F.A. (TCF Bank). A year later, it reorganized as a holding company, TCF Financial Corporation.
James B. McDougal (August 25, 1940 – March 8, 1998), a native of White County, Arkansas, and his wife, Susan McDougal (the former Susan Carol Henley), were financial partners with Bill Clinton and Hillary Clinton in the real estate venture that led to the Whitewater political scandal of the 1990s. Starting in 1982, McDougal operated Madison Guaranty Savings and Loan Association.
The Potters Savings and Loan Company (originally known as Potters Building and Savings Co.) was a savings and loan association in East Liverpool, Ohio. The association was organized by John Purinton and incorporated on February 11, 1889. The Potters Building and Savings Company purchased land on Washington Street in East Liverpool in 1903. The savings and loan building was built in 1904.
Prior to their involvement with DriveTime, Garcia and Fidel were known in connection with the Lincoln Savings and Loan Association scandal during the savings and loan crisis in the 1980s and 90s. Garcia pleaded guilty to a fraud charge in 1990. Fidel, Lincoln Savings and Loan's former president, pleaded guilty to securities fraud in 1991. Both men received sentences of three years probation.
In 1974, at the age of 19, Mechelle Vinson, a black woman, was hired as a teller-trainee at the northeast branch of Capitol City Federal Savings and Loan Association in Washington D.C. Vinson reported that by May of 1975 her supervisor, Sidney L. Taylor, began what would be 3 years of recurring sexual harassment while in the workplace. In November 1978 Vinson was fired from her job at a Meritor Savings Bank which Taylor explained as being due to Vinson's inordinate use of sick leave. The first initiation of Vinson's civil lawsuit against Sidney L. Taylor and Capital City Federal Savings and Loan Association, which would soon change its name to Meritor Savings Bank, came in September of 1978. Vinson charged that Taylor had coerced her to have sexual relations with him and made demands for sexual favors at work.
Gowanda Village Historic District is a historic district located at Gowanda in Cattaraugus County, New York. The district encompasses five early 20th century commercial buildings constructed 1925–1926. The Neoclassical style structures housed the Gowanda Cooperative Savings and Loan Association, Hollywood Theater, U.S. Post Office, and Gowanda's first department store. See also: It was listed on the National Register of Historic Places in 1986.
The bank was established on January 1, 1923 as GUARANTY SAVINGS AND LOAN ASSOCIATION in Milwaukee, Wisconsin. In July 2004, joined Fannie Mae in a 2-year $2 billion program to offer residential mortgages to members of ethnic minorities. In May 2009, the bank shut GB Mortgage, its wholesale mortgage division. In January 2013, the bank sold its Shelter Mortgage division to CIVC Partners.
Between 1967 and 1969, the town hall was built. Today it houses the municipal council chamber, a branch of the district savings and loan association (Kreissparkasse) and a bakery branch, and it is also used by local clubs for small-scale events. A youth meeting centre has also been set up in the basement. Right next door, a fire station was built in 1988.
The bank acquired Long Island City Savings and Loan Association in 1992. Four years later, Independence Savings Bank acquired Bay Ridge Federal Savings Bank for $144 million in cash. In 1998, the bank converted from a mutual organization to a joint-stock company and became a public company via an initial public offering. The same year, the bank changed its name to Independence Community Bank.
Alternate Link via ProQuest. In 1979, Hawaii Bancorporation changed its name to Bancorp Hawaii. In 1985, BOH as Bancorp Hawaii acquired the Hawaiian Trust Company for $19 million. Alternate Link via ProQuest. Alternate Link via ProQuest. In 1990, BOH as Bancorp Hawaii acquired FirstFed America Inc. with its First Federal Savings and Loan Association in Hawaii and First Savings of Guam subsidiaries for $141 million in cash.
Liquidation of the First National Bank and Trust Company's assets began in 1934, and was not completed until 1940. The bank building was purchased by William Ballenger, a former board member, in 1940. A woman's clothing store opened in the former banking space, with professional offices still occupying the upper floors. In 1966, the First Federal Savings and Loan Association purchased the building from the Ballenger Trust.
Also in 2013, Ono Arte gallery in Bologna held two exhibitions: Made in the UK and My Generation. 2014 brought a residency at the Bemis Center for Contemporary Arts in Omaha, Nebraska, in conjunction with an exhibition at Carver Savings and Loan Association titled Rebel Culture: Legends of Hip Hop and the Go Hard Boyz (Harlem Bikers). Beckman’s “Hip Hop Mash Up” was launched in 2014.
In the early 1960s, William W. Boyd, president of First Federal Savings and Loan Association of Tarpon Springs, noted the name Holiday Drive on a map near the site of the proposed branch to be built in southwestern Pasco County and asked his board of directors to give the name to the new branch. Later Boyd began drumming up support to name the community Holiday.
He was an executive trainee at the First Federal Savings and Loan Association of Peoria, Illinois in 1965. He was executive director of the Greater Peoria Legal Aid Society from 1965 to 1968. He was in private practice in Peoria from 1968 to 1982: first as a partner in Hafele & McDade, P.C., until 1977, then in solo practice until his election as a state judge in 1982.
The 1918 Thrift Building, home to the People's Federal Savings and Loan Association, is a 20th-century icon. Its oversized arch is a signature element of its architect Louis Sullivan, who was mentor to Frank Lloyd Wright. From the 1840s to 1913, canal boats carried Shelby County's products to Cincinnati or Toledo. Sidney was crossed by the Miami and Erie Canal's Sidney or Port Jefferson Feeder Branch.
As part of their response to the credit crisis, GE joined Goldman Sachs and Morgan Stanley in forming a wholly owned banking affiliate that qualified as a Savings and Loan Association. This entitled the subsidiary to FDIC insurance at the cost of regulation as a bank holding company. Aid received from the Federal Reserve by GE became a political issue in the 2016 presidential campaign.
Freedom National bank was founded in 1964 by investors including Jackie Robinson and Dunbar Simms McLaurin (1920–1973). The New York Times referred to it as "biracial" when it was founded in 1964. A 1966 Harvard Crimson article was critical of the bank. Freedom National competed with another Black owned and focused bank, the older Carver Federal Savings and Loan Association (now Carver Bancorp).
Apparently a gentleman from the Midland (TX) Savings and Loan Association saw this mural and commissioned Datus to do one for their new building. That mural, Cowboys to Skyscrapers, was installed in mid 1959. However, its existence is not known. While the First National Bank building still exists, the mural was removed a number of years ago when the previous owner, Arizona Public Service, sold the building.
Representative Thomas Francis Johnson had agreed to make a speech in the House and intercede with the Department of Justice on behalf of a savings and loan association in exchange for a campaign contribution and legal fees.Weeks, 1986, at 139. The Court has twice considered the role of the Clause in the prosecution of federal members of Congress for bribery under § 201.Weeks, 1986, at 138–42.
Several banks (Mataasnakahoy Rural Bank, Lipa Development Bank, Savings and Loan Association of Mataasnakahoy) serve the townspeople. Small businesses like stores and groceries abound and the town center has a flea market (talipapa or tiangge) where fresh fish, meat and vegetables are available daily and a pharmacy, Generika Drugstore. Several small garment factories partly fuel the town's business activity. Telephone service and internet access are already available.
The Carver Savings and Loan Association (Carver S&L;) opened in 1944 as the first African-American financial institution in Omaha, Nebraska. Located at 2416 Lake Street next to the historic North 24th Street corridor, it was in the heart of the Near North Omaha neighborhood, and Omaha's African-American business district.Douglas County Historical Society. (2004) "Omaha/Douglas County History Timeline: History at a glance" . Retrieved October 23, 2012.
He started work in the mortgage banking industry in 1977 at the Utah Mortgage Corporation. He worked as a construction loan officer for Security Pacific Corporation and for American Savings and Loan Association. He served as vice president of development for the McNiel/Mehew Group in Salt Lake City, Utah. In 1983, he returned to settle in south-eastern Idaho and in 1985 established a mortgage company, First Financial Corporation.
In Carrollton, Hurst's father served as the principal of a small, local school. During this time, Hurst's family lived in dormitory style housing on the school's grounds with several other teachers, including his aunt. In 1932, Hurst's father quit teaching in order to assist with the development of the Carrollton Federal Savings and Loan Association. At this time, the family moved to a single family home on Cefar Street.
In 1956, Pearsall devised the Pearsall Plan, which meant that in the wake of mandatory desegregation of public schools, white students could receive funding to attend private schools. That same year, he was a co-founder of the North Carolina Wesleyan College. He served on the Board of Governors of the Research Triangle Institute. Pearsall served as the President of the Citizens Savings and Loan Association of Rocky Mount.
In 1991, he attended the Ateneo de Manila University and later the Asian Institute of Management where he received his master's degree in Development Management. From 1991 to 1992, he was the senior vice president for comptroller-ship of the Armed Forces and Police Savings and Loan Association, Inc. (AFPSLAI). He was president of the AFP Officers Village Association, Inc., from 1991 to 1994 and then in 2003 to 2006.
The building was built for the Glendale Federal Savings and Loan Association. It was completed in 1968. It was designed by architects Robert E. Langdon, Jr. and Ernest C. Wilson, Jr.. The cornice is made of dalle de verre, thus giving the impression of rainbow-like reflections as one gets closer to the building. It was the first high-rise building in the Beverly Hills section of Wilshire Boulevard.
Carver was named after agricultural researcher and scientist George Washington Carver, and began its operations at 53 West 125th Street in 1948. On November 5, 1948, Carver Federal Savings and Loan Association received a federal bank charter. The first branch opened on January 5, 1949 in Harlem, New York at 53 West 125th Street. In February 1961, Carver opened a second branch in the Bedford-Stuyvesant neighborhood of Brooklyn, New York.
It became an FDIC insured federal savings bank in 1985 and changed its name to Chevy Chase Savings Bank, F.S.B. accordingly the following year. It acquired the Standard Savings and Loan Association of Grundy, Virginia, in 1988. It adopted its most recent name in 1994, and on January 16, 1996, moved its registration from Chevy Chase to McLean.History of Chevy Chase Bank, F.S.B., Chevy Chase, Maryland (FDIC Cert: 32324) , FDIC.
The office reflected the times with the inclusion of a Civil Defense bomb shelter in the basement. 1972 CapFed took the lead in technological advances with the installation of an online data processing system. 1974 The association introduced the Passcard. 1975 Association became second savings and loan association in the nation to offer customers off-premises access to their accounts. 1977 Capitol Federal reached $1 billion in assets.
She and her husband lived in Beloit for some time, where they started a NAACP branch there. In 1923, she and her husband moved to Milwaukee. At the time when they had moved to Milwaukee, they discovered white realtors "openly discussed strategies to restrict the city's black population" to certain areas of town. In 1925, she and her husband co-founded the first black-owned savings and loan in Milwaukee, Columbia Savings and Loan Association.
It purchased First Federal Savings and Loan Association of Lenawee County, Adrian (Michigan) on August 8, 1992. On April 25, 1993, Standard Federal celebrated its centennial. The bank stood as the largest thrift institution in the Midwest and the seventh largest in the United States, with assets of approximately $10 billion. In December of the same year, Standard made its largest single acquisition in history — Heritage Federal Savings Bank in Taylor (Michigan).
Dominic Ng () is an American banker who is Chairman, President and CEO of East West Bank in California. Ng transformed East West Bank from a small savings and loan association with $600 million in assets, in 1991, into the full- service commercial bank with total assets of $49.4 billion as of June 30, 2020. East West Bank has been named in the top 15 of “America’s 100 Best Banks” by Forbes since 2010.
Great Western was founded in 1919 in California as a savings and loan association. In 1955, it was merged into a holding company, Great Western Financial Corp. Within five years, Great Western acquired Santa Ana Savings (1956), West Coast Savings (Sacramento, 1957), Guaranty Savings (San Jose, 1958), Central Savings (San Luis Obispo, 1959), and First Savings (Oakland, 1959). The company later bought Santa Rosa Savings (1968) and Safety Savings (Los Angeles, 1969).
All of the affected branch offices were located in Northern California. Alternate Link via ProQuest. In March 1991, Great Western announced the pending acquisition of the deposits and 28 branches of the failed Irvine-based Lincoln Savings and Loan Association from the Resolution Trust Corporation for $12.1 million. In November 1991, Great Western announced the pending acquisition of five offices of the Woodland Hills-based Republic Federal Savings & Loan for an undisclosed amount.
Cajastur savings bank in Plaza de la Escandalera, Oviedo The Caja de Ahorros de Asturias (Cajastur) is a savings and loan association of the Principality of Asturias. Caja de Ahorros de Asturias is the trade name of the enterprise while Cajastur is the commercial brand name it commonly uses. Its activities concentrate on retail banking, focusing primarily on the economic necessities of regional households, local corporations as well as small and medium-sized enterprises.
Morris returned to Case Western for graduate school, earning her Master of Science in Library Science in 1956. Her thesis was titled “A Mid-Century Survey of the Presentation of the American Negro in Literature for Children Published in the United States between 1700 and 1950.” Morris married Leonard Virgil Jones in Honolulu, Hawai’i on August 25, 1971. At the time of their marriage, Jones was Assistant Vice President of Fidelity Savings and Loan Association.
The John and Philomena Sand Zimmerer House is a historic house in Seward, Nebraska. It was built in 1919 for John Zimmerer, the owner of a hardware store, president of the First National Bank of Seward, and co-founder of the Seward Equitable Savings and Loan Association. With It was designed in the Jacobean Revival architectural style. It has been listed on the National Register of Historic Places since February 25, 1993.
Following the 1963 suicide of Washington Heights Savings and Loan Association president Floyd Cramer, hours after his indictment for being the "mastermind" of a mortgage tax-evasion scheme; Arum recalled, "I knew then that I wasn't cut out to be a prosecutor." Arum continued to practice civil law until dissolving his office in 1979.Mannix, Chris "Arum, one of boxing's most powerful promoters, still hustling", Sports illustrated, December 5, 2012. Retrieved August 23, 2018.
In May 1902, Kahler was one of the original investors in the Union Savings Association (later the Union Federal Savings and Loan Association), a bank based in New Albany, Indiana. Its initial capital stock was said to be $200,000. Kahler was also a member of the bank's original board of directors. In June 1915, Kahler was elected a director of the newly formed German-American Bank & Trust Company in New Albany, Indiana.
Established in 1976, Real Savings and Loan Association Inc. (RSLAI) started as a single-branch bank in Cainta, Rizal. It remained as such for more than fifteen years with minimal growth until the current group of owners led by Realty Developer Jose L. Acuzar took over in 1994. A new management came in headed by Jose G. Araullo as Chairman of the Board in 2003 and Alfredo S. Barretto as President in 2004.
Before its failure, the Independent National Mortgage Corporation (Indymac) was the largest savings and loan association in the Los Angeles area and the seventh largest mortgage originator in the United States. The failure of IndyMac Bank on July 11, 2008, was the fourth largest bank failure in United States history, and the second largest failure of a regulated thrift. IndyMac Bank's parent corporation was IndyMac Bancorp until the FDIC seized IndyMac Bank.
In 1926, the bank was incorporated as the Washington Rock Building and Loan Association. Sixteen years later, its name changed to Investors Savings and Loan Association. Through mergers, acquisitions, and internal expansion, the bank grew and eventually changed its name to Investors Savings Bank. In 1997, Investors changed from a New Jersey-chartered mutual savings bank to a New Jersey-chartered stock savings bank, and reorganized as a two-tiered holding company.
1993 Capitol Federal reached its 100th anniversary, with assets of more than $3.9 billion. October 1996 John B. Dicus was elected president, with John C. Dicus continuing as chairman and CEO. March 31, 1999 Capitol Federal's Plan of Reorganization and Stock Issuance Plan is successfully completed, transforming Capitol Federal from a mutual savings association to a stock savings bank. Capitol Federal Savings and Loan Association now known as Capitol Federal Savings Bank.
In 1942 he was president of the Inglewood Bar Association. He was a founder of the Peoples Federal Savings and Loan Association in 1923, shortly after he served on a coroner's jury that found that an "illegal masked and armed mob, presumably instigated and directed by members of the K.K.K.", caused the death of an Inglewood policeman during a 1922 raid by 50 to 200 men on a suspected bootlegger and his family.
He was reelected to the Eighty-second Congress and served from November 2, 1948, to January 3, 1953. He was an unsuccessful candidate for reelection in 1952 to the Eighty-third Congress. He served as chairman of board of Lynchburg Hosiery Mills, Inc.. He served as member of the Lynchburg Board of Zoning Appeals from 1957 to 1977. He served as director, American Federal Savings and Loan Association from 1924 to 1968, and chairman until 1980.
Standard Federal began as Standard Savings & Loan Association; established on April 25, 1893, assuming the charter of the Workman's Savings and Loan Association. Offices opened in the basement of the old McGraw Building at the corner of Griswold and Lafayette in downtown Detroit. Standard moved to a larger building at the corner of Griswold and Larned Streets in 1914. It purchased land in 1927 and constructed its own headquarters at the northwest corner of Griswold and Jefferson in 1927.
Citizens Savings and Trust Company was a bank in Cleveland, Ohio founded as the Citizens Savings and Loan Association. J.H. Wade established the bank and served as its chair. Hubbell & Benes, a Cleveland architectural firm that did many projects for he and his family, built the Citizens Building for the bank in 1903.Citizens Savings & Loan Co. Building, Cleveland, Ohio The bank was merged into Union Trust in December 1920 and Joseph Randolph Nutt became president.
He was also the financial and management consultant of the following companies: Rajah Broadcasting Network, Miralles Furniture, Air Materiel Wing Savings and Loan Association, Inc. (AMWSLAI), Public Safety Mutual Benefit Fund, Inc. (PSMBFI,) GMA Channel 7, and Velprint Corporation. He also served as assistant chief of Air Staff for Civil Military Operations, chief of the military personnel branch under the office of the Assistant Secretary for Administration, and senior military assistant to the Secretary of National Defense.
Born in Oxnard, California to Byron and Eileen Dungey in 1961, she was raised in Bloomington-Normal, Illinois. She earned a master's degree in English from the University of Wisconsin, where she taught until 1989. She then returned to Bloomington, where she wrote the training manual for a local rape crisis center. She worked in the mortgage industry for many years, starting at Champion Federal Savings and Loan Association where she was a trainer and technical writer.
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. Marion Sandler, a former Wall Street analyst, and Herbert, a real estate attorney, would operate the company in tandem.Ehrbar, A.F., "The Mysteriously Profitable S&L;," Fortune, June 29, 1981, pp.
Soon after their wedding, the Bogles moved to Walla Walla, Washington. Richard Bogle started a barbershop on Main Street, making him the first black businessman in Walla Walla on “proprietor of the tonsorial parlors at No.3 Second Street.” Racial segregation made it difficult for black visitors to find accommodation in Walla Walla, so Bogle often allowed them to stay in his shop. He was a co- founder of the Walla Walla Savings and Loan Association.
Hayes was President of the Appalachian Forest Reserve and the western North Carolina Fair. He moved to Clearwater, Florida, in 1922. In Florida, he served as chairman of the board of directors of the Clearwater Savings and Loan Association and the First Mortgage Investment Company. Throughout his life he maintained his interest in library matters, promoting those of Asheville and Clearwater and retaining his membership on the board of trustees of the library in Fremont, Ohio.
Prior to being elected Missouri State Treasurer in November 1968 Robinson in the banking and insurance fields. He served as managing officer and secretary-treasurer of Bonne Terre Savings and Loan Association, as well as chairman of the board of the Missouri Savings and Loan League. Other private workforce experience includes being President and board member of Frontier-Tower Life Insurance of Jefferson City, Missouri. William Robinson served one term as state treasurer from January 1969 to January 1973.
Desert Fashion Plaza, formerly known as Desert Inn Fashion Plaza, was an enclosed shopping mall located in Palm Springs, California. The mall was originally developed by Home Savings and Loan Association, which sold the shopping center to Desert Plaza Partnership. In the early 1980s, Desert Plaza Partnership sold the property to DeBartolo Corporation which expanded and revamped the mall to accommodate more shops. Subsequently, sales declined prompting major retailers to close down business at the Desert Fashion Plaza.
In talking about playing in Kankakee Casey Stengel said, "We did not draw (fans) and getting paid was quite an adventure." Stengel claimed he had received only half of his $135 per month when Kankakee had folded in July, 1910. Years later, at his birthday party in 1956, the Kankakee Federal Savings and Loan Association presented Stengel with a check. The check was for $483.05, calculated off the original $67.50 owed, plus interest over 46 years.
He had quickness, toughness and an unbeatable motor. In 1962, he was one of the first Cowboys players voted to the Pro Bowl, along with: QB Eddie LeBaron; DT Bob Lilly; RB Don Perkins; and CB Don Bishop. He became a player-coach in 1965. In 1966 he retired and was working for the Dallas Federal Savings and Loan Association, but was lured back by Tom Landry to play behind Lee Roy Jordan for one more year.
WaMu was incorporated as the Washington National Building Loan and Investment Association on September 25, 1889, after the Great Seattle Fire destroyed 120 acres (49 ha) of the central business district of Seattle. The newly formed company made its first home mortgage loan on the West Coast on February 10, 1890. It changed its name to Washington Savings and Loan Association on June 25, 1908. By September 12, 1917, it was operating under the name WaMu Savings Bank.
Both acquisitions were completed in April 1988. In January 1990, WaMu announced the pending acquisition of all seven offices of the Seattle-based Old Stone Bank of Washington from the Rhode Island-based Old Stone Corporation for an undisclosed amount. Link via ProQuest. Old Stone originally entered the state of Washington through the acquisition of the ailing Seattle-based Citizens Federal Savings and Loan Association in 1985 with the assistance of the Federal Savings and Loan Insurance Corporation.
Schreiber was born in Budsin in Marquette County, Wisconsin. After attending a Lutheran parochial school, he attended North Division high school and Boys Trade and Technical High School, as well at the University of Wisconsin–Extension Center in Milwaukee (later to become part of UW- Milwaukee). He worked as a carpenter and a carpenter foreman, then became a real estate agent, a property manager, and an appraiser for and director of a savings and loan association.
In February 1984, American Continental Corporation acquired the underperforming Lincoln Savings and Loan Association for $51 million. Much of American Continental's assets were in the form of Arizona real estate, junk bonds, and mortgage-backed securities. Lincoln Savings expanded into aggressive, risky land development deals and financial arrangements, including loans due to American Continental. For most of 1987, American Continental was profitable, but by 1988, losses mounted, due to financial troubles and other bad happenings at Lincoln Savings.
National Trust and Savings Association (NT&SA;) is a designation used by national banks in the United States to denote their national charter. It is significantly less popular than the standard designation National Association (N.A.). Notably, it was used until 1998 by Bank of America NT&SA;, the only major bank to utilize the designation. It was also construed to denote the character of a savings and loan association, with a focus on home mortgages and savings accounts.
McCain became embroiled in a scandal during the 1980s, as one of five United States senators comprising the so- called Keating Five.Abramson, Jill; Mitchell, Alison. "Senate Inquiry In Keating Case Tested McCain", The New York Times (November 21, 1999). Retrieved May 10, 2008. Between 1982 and 1987, McCain had received $112,000 in lawful political contributions from Charles Keating Jr. and his associates at Lincoln Savings and Loan Association, along with trips on Keating's jets that McCain belatedly repaid, in 1989.
American Savings and Loan Association was an American savings and loan based in Stockton, California. It was the largest thrift failure and the federal government's costliest resolution during the savings and loan crisis at an estimated cost of $5.4 billion.New Figures Rank Collapse of American S&L; as Costliest Ever Los Angeles Times May 20, 1994 The thrift was founded in 1922 as State Savings & Loan Association in Stockton. It was owned by Irvine, California based Financial Corporation of America (FCA).
Sokol (, falcon) was originally a Czech nationalist organization created to train members to fight for the independence of Czechoslovakia and in some ways resembled the German Turnverein, German-American gymnastic clubs that promoted liberalism and German nationalism. In August 1879, the Fairmount and Chapel Streets Permanent Building, Savings and Loan Association No 1 Inc. was founded to serve the needs of Czech immigrants. The bank was located on the second floor of Anton Rytina's Bar at 1919 East Fairmount Avenue.
The courthouse is still in use. In the 1990s, the courthouse no longer had enough space for all of the functions that it normally provided; therefore, it expanded into the adjacent buildings around the courthouse. Also in the 1990s, Bulloch County built a judicial annex, which is located across the street from the courthouse. The county officers are now located in the former Statesboro First Federal Savings and Loan Association Building, and the courts and judges’ offices are located in the new annex.
He recently served as chairman of the College of DuPage Presidential Search Committee (2015-2016). He previously served on the Elmhurst Memorial Healthcare board of trustees, Elmhurst Memorial Healthcare board of governors, and the Elmhurst Memorial Hospital Foundation board. Other boards Daniels has served on include Inland Diversified Real Estate Trust, Inc., the Suburban Bank and Trust Company of Elmhurst board of directors, Elmhurst Federal Savings and Loan Association board of directors, and the DuPage Easter Seals board of directors.
Johnson worked at the Bryant Chucking Grinder Company, starting as a draftsman and retiring as General Manager in 1949. He also served as vice president of the Springfield Cooperative Savings and Loan Association, director of the First National Bank of Springfield, and director of the Lovejoy Tool Company of Springfield. Johnson was elected to the Vermont House of Representatives in 1945 and served from 1945 to 1946. He was elected to the Vermont Senate from Windsor County in 1947 and served until 1950.
The property originally contained several outbuildings, including a large gardener's cottage/garage, a poultry house, boiler shed, and greenhouse. Wurdemann House was positioned at the entrance to Lake Forest Park, replacing a small real estate office that served the new planned community. Built for Harry and May Wurdemann after they moved to Washington, the house was sold in 1924 to Adolf Linden, president of Puget Sound Savings and Loan Association. Linden added a pool and brick-and-iron fence to the property.
At that time, the bank was led by Charles Zwick, former director of the Office of Management and Budget during the Presidency of Lyndon B. Johnson. In 1983, it opened a signature 765-foot, 55-story tower in downtown Miami, the Southeast Financial Center. In 1986, the bank was the 30th largest mortgage banker in the United States. In December 1988, the company acquired First Federal Savings and Loan Association of Jacksonville, an acquisition that turned out to be unprofitable.
St. Clair Shores: Somerset, 1999, 1273. The Sidney People's Federal Savings and Loan Association was one of a series of commissions that architect Louis Sullivan took on late in his career. These commissions resulted in a collection of bank buildings that have been termed "jewel boxes" for their modest size and ornate appearance. According to one account of the creation of Sullivan's design, he produced a sketch of it after two days of observing the empty lot where it was to stand.
On May 26, 1988, Hawaiian Electric Industries (HEI), parent company of Hawaiian Electric Company, acquired American Savings Bank from Salt Lake City-based American Savings and Loan Association. In 1990, American Savings Bank acquired First Nationwide Bank’s operations. On December 6, 1997, American Savings Bank acquired the assets of Bank of America Hawaii Division, increasing their branch total at that time to 68 and their assets to $5.5 billion. American Savings Bank operates 55 branches on five islands in the state of Hawaii.
Robert McFadden, "Choice for Treasurer: Katherine Davalos Ortega," The New York Times (September 13, 1983): A1.Vicki Ruíz and Virginia Sánchez Korrol, "Latina U.S. Treasurers," Latinas in the United States: A Historical Encyclopedia, Volume I (Bloomington, IN: Indiana University Press, 2006), 374-375. Ortega returned to New Mexico in 1977 in order to help run the family accounting firm. Under her stewardship, the company grew into the Otero Savings and Loan Association and, by 1983, had assets of $20 million.
García Méndez founded the Western Federal Savings and Loan Association of Puerto Rico (now Westernbank) on March 1, 1958. His grandson Frank C. Stipes was the last president of its board of directors. The W Holding Company was a financial holding corporation located in Mayagüez, Puerto Rico. On April 30, 2010, Westernbank, its wholly owned bank subsidiary, failed and its deposits and assets were seized by the Federal Deposit Insurance Corporation and subsequently sold to Banco Popular de Puerto Rico.
Elizabeth Tracy legally changed her name to Tracy Montminy and in 1948, was hired at the University of Missouri (MU) to work on the faculty of the Art Department. She initially taught painting and drawing, but in 1976, a proposal to teach mural painting was approved. In the early 1960s, Montminy taught briefly at the American University of Beirut, returning to teach at MU afterward. Her last two murals were painted in 1977 for the Boone National Savings and Loan Association.
CrossLand had previously entered Oregon (and three other states) through the relatively recent acquisition of the troubled Utah-based Western Savings and Loan Association. The CrossLand acquisition gave WaMu a toe hold entry into Oregon via Portland. As a result of the Pacific First acquisition in April 1993, WaMu became the fourth largest banking institution based upon consumer deposits within the state of Oregon. Originally, Pacific First grew quickly in Oregon during the late 1980s through the acquisition of troubled savings and loans.
First Federal Bank of California was founded in 1929, and later became an institution called First Federal Savings and Loan Association of Santa Monica. In 1983, they diversified to offer full-service personal and business banking, including but notwithstanding wealth management and trust services. In 1987, they listed on the New York Stock Exchange as (symbol: FED). Subsequently, in 1989, they changed their name from First Federal Savings Bank to First Federal Bank of California to reflect the California marketplace.
Peter Brady was a Democratic politician in the U.S. State of Ohio and was Ohio State Treasurer from 1884-1886\. Peter Brady was born in Norwalk, Ohio, and came to Bellevue, Ohio when he was 19. He was in the hardware business there for 35 years, was one of the organizers of the Bellevue Industrial Savings and Loan Association, and operated the Bourdette Hotel for two years.Upton 1910 : 743 Brady was a member of Bellevue City Council, and was elected Mayor four times.
He also served on the vestry of his Episcopal Church, on the board of the Jackson-Field Episcopal Home for Girls and on the board of directors of the Emporia Federal Savings and Loan Association, Citizens National Bank, the Citizens Road League and as chairman of the Route 301 Highway Association. He was executive of the local chamber of commerce and on the board of the state organization, as well as active in the Masons, Odd Fellows, Sons of the American Revolution, Shriners and Kiwanis.
San Antonio lawyer Wayne Crocker originally constructed the complex in 1982 as the Silver Rose Garden. In 1984, it was renamed by a new owner to The San Antonio Rose Palace and later to the Twin Oaks Exposition Center. Investor Michael Hopkins purchased the equestrian center from the Resolution Trust Corporation in 1992, which was liquidating assets of First State Savings, an insolvent San Antonio savings and loan association. He began renovations on the facility and restored the previous San Antonio Rose Palace name.
That design was abdoned for a simpler and more direct design that features a steel- frame, glass-infill, and granite and travertine marble on the base. The three- story building rises to the height of . It was built for the Home Federal Savings and Loan Association of Des Moines and later American Federal Savings, which failed in 1990 amid the country's Savings and loan crisis. There was concern that the building would be torn down so the Des Moines City Council designated it as a local landmark.
The bank opened its doors on March 12, 1887 as a savings and loan association under the name Iberia Building Association. The name originates from New Iberia, Louisiana, which dates back to 1779 when Spanish conquerors named their newly settled "Nueva Iberia" after the Iberian Peninsula. At the time the bank was founded, New Iberia was a farming community of about 3,000 people. Its principal industry was sugarcane farming, as the area's oil reserves, which would later spur population and economic growth, had yet to be discovered.
In 1979, Westport purchased the American Furniture Mart in Chicago for $6.5 million with plans to convert it into apartments.Chicago Tribune: "Developer Charges Bank Sabotaged 666 Project" by David Ibata March 04, 1985 In 1983, Paul purchased the near bankrupt Dade Savings and Loan Association through the transfer of 92% of his interest in Westport, renaming it CenTrust Bank. By 1988, CenTrust was the largest thrift institution in the southeastern United States with $8.2 billion in assets. He built the $90 million, I.M. Pei-designed CenTrust Tower.
The house's first owner, Calendar Rohrbough, was born in Upshur County, Virginia and moved to Kinmundy in 1857. He served in the Civil War for the Union Army from 1862 to 1865, achieving the rank of captain as a member of the 118th Illinois Volunteer Infantry Regiment. After returning to Kinmundy, Rohrbough founded the Kinmundy First National Bank and the Kinmundy Savings and Loan Association. He was also active in politics and was elected mayor of Kinmundy before attempting a run for U.S. Congress in 1888.
Under that legislation, new mothers were granted leaves corresponding to the benefits that other employees received for temporary illness or disability. Changes to the federal tax code in 1976 permitted working families with a dependent child to take a tax credit on child care costs. In 1978, the Pregnancy and Discrimination Act (PDA) prohibited employers from treating a woman unfavorably because of pregnancy, childbirth, or a medical condition related to pregnancy or childbirth. A landmark case in 1987, California Federal Savings and Loan Association v.
After serving in Congress, Canfield retired to his home in Paterson, New Jersey. He served as the Director of the National Housing Conference, a public policy and affordable housing advocacy organization, and also as the Public Relations Director for the First Federal Savings and Loan Association of Paterson. Canfield remained active in civic affairs in his community until his death on June 20, 1972 in Hawthorne, New Jersey at the age of 74. He was interred and buried at Laurel Grove Memorial Park in Totowa, New Jersey.
He found it in Miami, Florida where old friends hired him to manage the public relations and, later, the community relations of a large Miami-based savings and loan association. In May 1957, he was called to testify at Arthur Miller's trial for contempt of Congress. He was Miller's "expert witness on communism" and he testified that he "did not believe" that Miller had written his plays "under the discipline of the Communist Party"."Miller Told Truth, Says Cain at Trial", Tacoma News Tribune, May 23, 1957.
Five Points Plaza, also known as 40 Marietta Street and formerly known as First Federal Building, is a 17 story, office building skyscraper in Atlanta, Georgia. The building was constructed in 1964 to house headquarters of the First Federal Savings and Loan Association of Atlanta. Noted for an Oriental architectural design that stands out in Atlanta, the building is devoid of interior columns, making it one of the tallest post-tensioned concrete buildings in the United States at the time of its construction.Atlanta Time Machine.
When the two banks' chiefs, Dick Futrell of Planters and Mauldin of Peoples, announced the deal January 16, 1990, they said in a statement, "This is probably the most logical bank merger in North Carolina history." The merged banking company had $2.6 billion in assets and 116 branches and was the state's seventh-largest. Centura Bank had 102 branches; the holding company also owned Watauga Savings and Loan Association, Inc. in Boone, North Carolina and Mid-South Bank and Trust Company in Sanford, North Carolina.
A year later he resigned because of ill-health and sold his interests to Jay Gould, and William Orton succeeded to the presidency of Western Union. Jeptha was nominated by the Democratic Party for Representative of Ohio's 18th congressional district in 1864, but lost. He was an incorporator of the Cleveland Rolling Mill Company and the Citizens Savings and Loan Association (becoming its first president), became president of National Bank of Commerce, and served on the board of directors of eight railroads. Wade used his vast wealth to benefit the city of Cleveland.
In July 2008, Slavic Village was one of six neighborhoods of the Neighborhood Strategic Investment Initiatives featured locally in an audio discussion titled "Conversations in Slavic Village" held by the Case Western Reserve Studies Symposium. Stakeholders discussed how neighborhoods are vital to the livable city. Speakers cited specific events occurring in direct counterexample to the increased crime reported in the media in 2007. Representatives included a savings and loan association official, steel mill corporate social responsibility manager, public art coordinator, community development corporation director, and local metropark, youth organization, and cultural center directors.
Alternate Link via ProQuest. Alternate Link via ProQuest. In August 1986, Great Western announced the pending acquisition of four offices in Broward County and Palm Beach County from the Miami-based Chase Federal Savings and Loan Association for an undisclosed amount. Alternate Link via ProQuest. In September 1986, Great Western announced the pending acquisition of the Pensacola-based Southern Home Savings Bank for $25 million in stock. Alternate Link via ProQuest. In December 1986, Great Western announced the pending acquisition of the Lake Worth-based SunPoint Savings Bank for $40 million in stock.
Cushing served on the staff of the Vermont General Assembly as legislative draftsman from 1921 to 1931. He was also active in several businesses, including managing the L. J. Morton store in St. Albans, and a vice president of the Franklin County Savings Bank and Trust Company and the St. Albans Cooperative Savings and Loan Association. In 1926, he received his qualification as a certified public accountant. From 1931 to 1932 he served on the Vermont Public Service Commission, and from 1932 to 1938 he was the commission's chairman.
United Commercial Bank (Chinese: 聯合銀行) was an overseas Chinese bank in the United States, based in San Francisco, California. It was a subsidiary of UCBH Holdings. Founded in 1974 as United Federal Savings and Loan Association, it changed its name to United Savings Bank, and finally United Commercial Bank in 1998. It had operations and branches located in the San Francisco Bay Area, Sacramento, Stockton, Los Angeles and Orange counties, New York, Boston, Greater Seattle Area, Hong Kong, Atlanta, Houston, Shanghai and two representative branches in Taipei, Taiwan and Shenzhen, China.
He spent most of his junior-officer's years in Mindanao. After his stint in Mindanao, he served as Junior Staff at AFP General Headquarters & Headquarters Service Command and at Department of National Defense. He was also assigned as a Junior Staff at the defense attaché in Washington, D.C., USA from 1981 until 1984. Upon his return to the country, he served as Vice President of the Armed Forces & Police Mutual Benefit Association (AFPMBAI) and, soon after, as Vice President/Assistant General Manager of the Armed Forces & Police Savings and Loan Association Inc. (AFPSLAI).
The Brooklyn Bank Building is a historic bank structure located in Cleveland, Ohio, in the United States. Designed in 1904 by noted Cleveland architect J. Milton Dyer as a home for the Brooklyn Savings and Loan Association, the building exhibits a mix of architectural styles, including Neoclassical and Commercial, typical of Dyer's eclectic work. The structure was added to the National Register of Historic Places (NRHP) on July 19, 1984. It was listed as a contributing property to the Archwood Avenue Historic District, which was added to the NRHP on March 19, 1987.
The Brooklyn Savings and Loan Association was incorporated on May 25, 1888, in Brooklyn Village (now Brooklyn Centre) near Cleveland, Ohio. In early 1904, the bank commissioned local architect Charles E. Tousley to design a $40,000 ($ in dollars) mixed-use structure to be the bank's new headquarters. By April, Tousley had delivered plans for a four- story structure consisting of ground floor retail space and apartments on the upper three floors. Tousley's structure was priced at $50,000 ($ in dollars), and the bank declined to implement his plans and refused to pay him for his work.
The Credit Union Movement: Origins & Development, 1850–1980 He realized that credit unions could help ordinary American workers to access loans at reasonable rates. Equally important, workers could save their money so that when hard times hit, they were prepared. He formed a savings and loan association for employees which later became the Filene Employee's Credit Union. Subsequent to this trip the philanthropy he practiced, combined with the steady implementation efforts of his associate Roy Bergengren were critical to the emergence of credit unions in the United States.
In 1956, Mardian, already active in the Republican Party, was appointed to a vacant seat on the Pasadena School Board. He was elected in 1957 but resigned shortly afterwards through pressure of work. From 1962, Mardian left his law practice to become vice president and chief legal officer of a savings and loan association. In the 1964 presidential election he managed the Goldwater campaign in four western states; although Goldwater was unsuccessful, his campaigning ability impressed Richard Nixon and he was appointed to the same position in Nixon's 1968 campaign.
John McCain's upward political trajectory was jolted when he became enmeshed in the Keating Five scandal, a highly visible part of the Savings and Loan crisis of the 1980s. Charles Keating Jr.'s Lincoln Savings and Loan Association, a subsidiary of his American Continental Corporation, was insolvent as a result of some bad loans. In order to overcome its debt, Lincoln violated "direct investment" rules by directing accounts by the Federal Deposit Insurance Corporation into commercial real estate ventures. This caught the eye of federal regulators, who were looking to shut Lincoln down.
Chairs are covered with leather and longhorn hides. Meeting rooms are named for historical figures in Texas history. Schreiner also ventured beyond ranching to serve on the boards of First Federal Savings and Loan Association, San Antonio, Texas (1960-1983); Frost Bank, San Antonio (1961-1984), and Schreiner Bancshares in Kerrville (1952-1992). Governor Dolph Briscoe, also a Hill Country rancher and landowner from Uvalde, appointed Schreiner to the board of the Lower Colorado River Authority (LCRA), which regulates the southern portion of the Colorado River of Texas.
As the chairman of the Budget and Finance Committee of Terrebonne General Medical Center in Houma, Brady was one of the few businessmen on the board. Lottinger recalls that Brady worked to bring the hospital up to "the cutting edge of medical technology." In 1981, Brady left the family engine company, but two years later founded with his son, Timothy Patrick Brady of Houma, a new company, Brady Diesel. He served on the board of Terrebonne Savings and Loan Association, First National Bankshares, and First National Bank of Houma.
People's Federal Savings and Loan Association is located at 101 East Court Street on the corner of South Ohio Street in Sidney across from the Spot restaurant. It lies also across the street from the Gothic revival Monumental Building and the Second Empire-style Shelby County Courthouse. Numerous colors adorn the building, beginning with the corbels of multicolored terracotta, which are placed over the front windows. A dominant Romanesque Revival archway forms the main entrance, set in a building base of black marble and amid walls of strong reds.
A native of Bogalusa in Washington Parish, Powell graduated in 1963 from Bogalusa High School, where he excelled as an All-American football player, and presumably acquired his unusual nickname. Powell graduated in 1968 from Southeastern Louisiana University in Hammond, also in Tangipahoa Parish. In 1982, he was named to the board of directors of First Savings and Loan Association of Southeastern Louisiana in Hammond. Powell has long been affiliated with Prudential Insurance, having been "Agent of the Year" and also "Man of the Year" designation from Tangipahoa Life Underwriters.
Lytton formed his first savings and loan association in California in 1954, but his rapid financial rise began in Las Vegas, Nevada, two years later. By 1958, when he became active in Democratic politics through a connection with Jesse Unruh, the "boss" of the California State Assembly.Lou Cannon. Governor Reagan, His Rise to Power (2008) A lavish political contributor, Lytton served as Finance Chairman of the California Democratic Party from 1958 to 1962, during the first administration of Governor Pat Brown, and was a major donor to the presidential campaign of President John F. Kennedy.
Shelby County courthouse. Sidney is home to the 1881 Second Empire courthouse; the 1877 Gothic revival Monumental Building, dedicated to the county's Civil War dead; and the 1918 early-modern People's Federal Savings and Loan Association designed by influential architect Louis Sullivan, which has been designated a National Historic Landmark. The Big Four Bridge is a local landmark that has carried rail traffic since 1924. CSX Transportation uses the rail line and bridge as part of the "NYC" division of Conrail, a direct descendant of the New York Central Railroad and Penn Central Transportation.
Fowler arrived in Tampa in 1924 and was heavily involved in Tampa’s civic life. His mother, Maud Fowler, was involved in the development of Temple Terrace, and served as its first mayor in 1926. Cody Fowler drafted the city charter, served as city attorney, and also served a term as mayor in 1928. Fowler also filed the application for the first federally chartered thrift in Tampa, First Federal (later Freedom Savings and Loan Association), on the first day applications were being accepted as part of the New Deal in 1933.
After graduation, LeVander worked as assistant county attorney for Dakota County from 1935 to 1939. He also worked for the law firm of Stassen & Ryan in South St. Paul, and taught speech and coached debate at Macalester College. He was active in local commerce, acting as president of South Saint Paul's Chamber of Commerce from 1952 to 1954 and of the South Saint Paul United Federal Savings and Loan Association from 1953 to 1967. He was politically connected, having worked with future governor Harold Stassen and future U.S. Representative Elmer Ryan at their law firm.
WTID's 1964 license renewal application would only cloud matters further. In May 1965, the Federal Communications Commission designated the application for hearing, refusing the court-appointed trustee's bid to grant the renewal petition to pay off debtors, and in October, an FCC hearing examiner recommended the renewal application be denied. Issues in the hearing included an undisclosed investor, the Mutual Security Savings and Loan Association, and an undisclosed 1963 transfer of control to George Dail. However, in April 1966, the FCC granted the renewal and the assignment of the WTID license to Big T Corporation.
In the 1980s, Walker entered the private sector by forming Butler-Walker, Inc, a chain of self-named quick oil change franchises later bought by Jiffy Lube and acquiring two savings and loan associations, one of which was First American Savings and Loan Association of Oak Brook which would later be declared insolvent. In 1987, Walker was charged with Federal bank fraud based on two loans. A private contractor borrowed $279,000 from First American to build schools. Walker later personally borrowed $45,000 from that individual on a "handshake" basis.
Glenn was one of the Keating Five—the U.S. Senators involved with the savings and loan crisis—after Glenn accepted a $200,000 campaign contribution from Lincoln Savings and Loan Association head Charles Keating. During the crisis, the senators were accused of delaying the seizure of Keating's S&L;, which cost taxpayers an additional $2 billion. The combination of perceived political pressure and Keating's monetary contributions to the senators led to an investigation. The Ethics Committee's outside counsel, Robert Bennett, wanted to eliminate Republican senator John McCain and Glenn from the investigation.
After the war, Miete fell into American captivity, but was soon released. Thereafter, Miete worked in the family's farming/milling business until 1950, and then as Managing Director of the Savings and Loan Association in Lotte. He was arrested again on 27 May 1960 and held in pre-trial detention at Düsseldorf-Derendorf. On 3 September 1965, at the First Treblinka Trial, Miete was found guilty of participating in the mass murder of at least 300,000 people and at least nine people who were shown in detail to him.
His connections with commercial enterprises were many and varied. He was president of the Electrical Show Company, New York; of the Electric Garage Corporation, New York; of the Electric Vehicle Association; and of the Edison Savings and Loan Association. He was vice president of the Yonkers Electric Light & Power Company, and director of the Metropolitan Life Insurance Company, and the Morris Plan of New York. He was a director of the New York Association for the Blind, Chrystie Street House, Upanin Club of Brooklyn, Municipal Art Society, National Employment Exchange, and the National Safety Council.
Unicaja is a Spanish savings bank based in Málaga and chartered as a caja de ahorros providing retail banking services. The banks full name is Monte de Piedad y Caja de Ahorros de Ronda, Cádiz, Almería, Málaga y Antequera after the names of all the merged entities and the mount of piety structure. It is similar to what would be called a savings and loan association in the United States, or a building society or trustee savings bank in the UK and Ireland. It operates primarily in the south of Spain.
The Scott Community College Urban Campus First Federal Savings and Loan Association was incorporated in December 1933, and it was one of the financial institutions in the city that survived the Great Depression. They began leasing the Lane Building in 1936 and purchased it three years later. Their operating budget grew from $5,487 in 1935 to $287,776 in 1941, and its assets from $14.8 million in 1947 to $53.5 million in 1959. They were primarily focused on financing new home construction and purchases, as well as capitalizing Davenport's growth in the mid-20th century.
The case originated when Lexecon Inc., a consulting firm that provided expert services to defense lawyers in securities cases, and Lexecon's principal, Daniel Fischel, sued the Milberg Weiss law firm in the United States District Court for the Northern District of Illinois in Chicago. The suit alleged defamation and other torts arising from allegations that Milberg Weiss had made against Lexecon concerning Lexecon's work for lawyers representing Lincoln Savings Bank. Many other lawsuits had been filed in federal courts arising from disputes involving the collapse of Lincoln Savings and Loan Association.
Most Republican leaders preferred White, the president of Capital Savings and Loan Association in Little Rock, because he was better known statewide than Chrisman and had a more polished public relations style.Congressional Quarterly Weekly Report, May 17, 1980, p. 1324 White claimed that his own late conversion to the GOP was intended to revive the two-party system in the post-Rockefeller years.Congressional Quarterly, May 17, 1980 In the extremely low-turnout open primary election of 1980, White defeated Chrisman, 5,867 votes (71.8 percent) to 2,310 (28.2 percent).
Thus near money can be considered as assets that fulfill the store-of-value function (as well as can be expected given the economic conditions) and are readily converted into a medium of exchange but are not themselves a medium of exchange. Deposits at a bank, savings and loan association, or building society etc. are a characteristic form of near money. Provided that the terms of the account permit immediate withdrawal, the deposit owner knows how much purchasing power he currently holds, and can turn the deposit into a medium of exchange (cash or a checking deposit/current account ) almost immediately.
The most important purpose of these institutions is to make mortgage loans on residential property. These organizations, which also are known as savings associations, building and loan associations, cooperative banks (in New England), or homestead associations (in Louisiana), are the primary source of financial assistance to a large segment of American homeowners. As home-financing institutions, they give primary attention to single-family residences and are equipped to make loans in this area. Some of the most important characteristics of a savings and loan association are: # It is generally a locally owned and privately managed home-financing institution.
He remained in Arizona and became involved in real estate development, founding his own company, The Symington Company, in 1976. In 1983, he was appointed to Southwest Savings and Loan Association board of directors which was based in Salt Lake City, Utah. The Esplanade on Camelback and 24th Street in Phoenix was one of The Symington Company's development projects. Beginning in 1983, one of Symington's projects as a real estate developer, with The Symington Company, was the construction of the Esplanade on 24th Street and Camelback Road, an up-scale office complex that had been built on a former Christmas tree lot.
His client ultimately pleaded guilt and cooperated with law enforcement authorities. After lower court hearings and an appeal, a prison term which had been imposed was set aside and his client was not required to serve any time in prison. In 1992, in a case which generated one of the most prominent legal ethics controversies of the decade, Nussbaum represented the leading law firm of Kaye Scholer. A government agency sued Kay Scholer charging it with improperly withholding damaging information about its client, a large federal savings and loan association whose failure epitomized the savings and loan disaster in the early 1990s.
From 1972 to 1984, Anderson was an assistant to U.S. Representative Trent Lott of Mississippi's 5th congressional district, since the 4th district. He was also a member of the Southern Federal Savings and Loan Association in Gulfport. After his ambassadorships, Anderson ran for the U.S. House of Representatives in a 1989 special election after Republican Congressman Larkin I. Smith died in a plane crash. In the primary, he took a strong second place to Democrat state Senator Gene Taylor and Democrat state Attorney General Mike Moore, but lost in the runoff to Taylor by a two-to-one margin.
In 1963, with $3.8 million in funding from her brother, Bernard, who was a successful businessman, she and her husband created a holding company, Golden West Financial Corporation, and acquired Golden West Savings and Loan Association (renamed the World Savings Bank) in California. At the time it was a small institution with one branch. The Sandlers tried new products, and Golden West became the first institution to offer adjustable rate mortgages. Golden West grew into one of the largest thrifts in the U.S. with assets of approximately $125 billion, deposits of $60 billion, and 12,000 employees.
Banco Filipino Savings and Mortgage Bank (), or simply Banco Filipino, was a savings and loan association based in the Philippines. It is also known for property developments such as BF Homes, subdivisions in Parañaque, Quezon City and Las Piñas. The Bangko Sentral ng Pilipinas ordered the bank's closure on March 17, 2011 and placed it under the receivership of state-run Philippine Deposit Insurance Corporation (PDIC), saying its liabilities topped its assets by P8.4 billion. The slogan of Banco Filipino is Subok na Matibay, Subok na Matatag (English: Proven to be Stable, Proven to be Strong).
The academy acts as a publisher, with 25 books in and on the Kölsch dialect and on the history of the city currently in print. It has also produced an interactive CD-ROM dialect dictionary, a set of voice recordings to be used in automotive navigation systems or personal navigation assistants, and an interactive internet banking portal for the Cologne Savings and Loan Association in Colognian language. Larger books are usually produced and published by or in cooperation with one of the major publishing companies in Cologne, such as Bachem, Bouvier, or Greven. There are cooperations with the Landschaftsverband Rheinland as well.
By 1969, the Czech-American community in Little Bohemia was predominantly composed of ageing homeowners who lived alongside more recently arrived African-American residents. However, many of the older white Czech-Americans harbored racist attitudes towards black people. According to a reporter with 'The Baltimore Sun', "The older people of Bohemian extraction still live in the houses they own...but they share the neighborhood with black people whom they do not seem to appreciate or understand." In 1970, the Bohemian Building, Loan and Savings Association changed its name to the Slavie Savings And Loan Association Inc.
The bank played a key role as a capital investment bank in developing the Moroccan economy during the first half of the twentieth century. With holdings such as the Compagnie générale du Maroc (Génaroc) and ONA Group (, ), it was actively involved in financing Morocco's infrastructure (roads and railways, electricity, mining, and so on) in partnership with the Morocco State Bank (, BEM). In 1950, Paribas opened a branch in Casablanca. In 1974 this merged with part of Banque Worms in 1974 to form the Société Marocaine de Dépôt et de Crédit ("Morocco Savings and Loan Association", SMDC).
Santa Fe Federal Savings and Loan Association, also known as American Savings and the Palm Springs Art Museum Architecture & Design Center/Edwards Harris Pavilion, is a historic building located in Palm Springs, California. The building is a fine example of the short span of time that master architect E. Stewart Williams used the International Style of architecture for commercial buildings in the early 1960s. The inspiration for this building was the Barcelona Pavilion (1929) by Ludwig Mies van der Rohe. The single-story structure features a flat roof, deep overhangs, steel-frame construction, thin steel posts, and large glass surface areas.
158-59 In 1862, roads were built to Wülscheid and Orscheid connecting to what is today Landesstraße 247. On 10 January 1898, on a suggestion from Friedrich Wilhelm Raiffeisen, approximately 50 residents founded the Aegidienberger Spar- und Darlehenskassenverein (Aegidienberg Savings and Loan Association). This cooperative made it possible to extend the water supply beginning in 1902, and from 1908 gave support to the Automobilgesellschaft (automobile association), whose aim was to create a bus connection with Bad Honnef and Königswinter. On Whitsunday, 12 July 1905, a large fire in Orscheid, caused by children who were presumably playing, destroyed 13 buildings.
It was also in 1871 that the Kirchberg Savings and Loan Association was founded by, among others, Philipp Quaer II, who was from Nieder Kostenz, and who was later also the Association's chairman. The old pastoral economy, in which livestock was tended by herdsmen in the forest and on the heath, came to an end sometime around the turn of the 20th century. By that time, there was not only a paid herdsman, but also a herdsman's barn. This was later converted into a bull stable in 1901 and 1902; until 1894, it had had a thatch.
Cranston was reprimanded by the U.S. Senate Select Committee on Ethics for "improper conduct" on November 20, 1991, after Lincoln Savings head Charles Keating's companies contributed $850,000 to voter registration groups closely affiliated with the senator. Keating had wanted federal regulators to stop "hounding" his savings and loan association. Although the committee found that "no evidence was presented to the Committee that Senator Cranston ever agreed to help Mr. Keating in return for a contribution," the committee deemed Cranston's misconduct the worst among the Keating Five. Cranston decided against running for a fifth term while he battled prostate cancer.
Fons became a building contractor, remained in the real estate business, and went into banking. He remained active in Polish American affairs, being honored in 1953 by the Polish National Alliance for his work; but was not as visible in partisan politics. Although early in the Great Depression, the Southern State Bank which Fons ran had to be liquidated, at the time of his death on May 15, 1959 in Milwaukee, Wisconsin, he was president of the National Savings and Loan Association, as well as of Fons & Co."Louis Fons, Builder Dies; Served in State Senate". The Milwaukee Journal, May 15, 1959, p.
This step was not taken because the trustees believed many bondholders relied on interest for income. The cemetery began quietly borrowing money from the Citizens Savings and Loan Association, a local bank, in order to pay interest on its bonds. The association paid out only 4 percent of the 7 percent annual interest due on its bonds at the end of 1888, creating a severe financial hardship for bondholders who relied on the interest for their living expenses. Bonds which formerly sold for $108 to $110 (the par value was $100) now began selling at $50 to $75.
The Comly Rich House is a historic house in the Frankford neighborhood of Philadelphia, Pennsylvania, notable as the first home in the United States financed by a savings and loan association, the Oxford Provident Building Society, founded 1831. To buy the house, which cost $500, Rich, variously described as a lamplighter or a maker of combs, received a loan of $375 in April 1831 from the Oxford Provident Building Association, founded the same year. The two-and-a-half-story house, built around 1826, still stands at 4276 Orchard Street. It was listed on the Philadelphia Register of Historic Places in 1960.
In the early 1950s, Magee drifted between jobs again working as a courier for the organization that had employed him earlier. On June 13, 1955, Magee robbed his first bank, The Reserve Savings and Loan Association in Cicero, Illinois. Posing as a man who was in a partnership involving a patent for a burglary alarm system, Magee drew a gun on the manager and stole upwards of $2500.00. His second robbery would occur on August 13, 1956 when he pulled a gun on a bank teller at the same Cicero bank this time netting $400.00 to $500.00.
A year later he finished his first corporate commission piece, The Seasons, for the Waltham Federal Savings and Loan Association in Waltham, Massachusetts. Beginning in 1980, James began to create his own striped yardage by sewing strips of cotton and silk together in sets of graduated colors, a development that would drive his work for the next fifteen years. The pieces for his quilt tops were cut from the stripped panels, adding complexity to the repetitive block patterns. The panels had to be assembled entirely by machine as the hand-sewn strips tended to unravel when cut across the seams.
Harold Barnett McSween (July 19, 1926 – January 12, 2002) was a Louisiana businessman and Democratic politician who served in the now defunct 8th congressional district for two terms between 1958 and 1962. McSween was born in Alexandria, the seat of Rapides Parish and the largest city in Central Louisiana. He graduated from Bolton High School in Alexandria and attended Louisiana State University in Baton Rouge, where he became an admirer and friend of the historian T. Harry Williams though he majored in English, rather than history. McSween was president of the Rapides Savings and Loan Association in downtown Alexandria.
The museum's building was constructed between 1928 and 1930 in the New Objectivity style as the former headquarter of the Sparkasse Chemnitz (Savings and loan association of Chemnitz) and was one of the first high-rise buildings in Chemnitz.Georg Dehio: Handbuch der Deutschen Kunstdenkmäler – Sachsen II – Regierungsbezirke Leipzig und Chemnitz. Deutscher Kunstverlag, Berlin 1998, S. 125 Fred Otto (1883–1944), head of the municipal planning and building control office between 1925 and 1944, purposely abandoned decorative elements and used bright, beige-coloured travertine for the facades. Thus, the building shows its balanced proportions and clear structure to good effect.
The most important purpose of savings and loan associations is to make mortgage loans on residential property. These organizations, which also are known as savings associations, building and loan associations, cooperative banks (in New England), and homestead associations (in Louisiana), are the primary source of financial assistance to a large segment of American homeowners. As home-financing institutions, they give primary attention to single-family residences and are equipped to make loans in this area. Some of the most important characteristics of a savings and loan association are: # It is generally a locally owned and privately managed home financing institution.
The amount of influence in the management of the organization was determined based on the amount on deposit with the institution. The overriding goal of the savings and loan association was to encourage savings and investment by common people and to give them access to a financial intermediary that otherwise had not been open to them in the past. The savings and loan was also there to provide loans for the purchase of large ticket items, usually homes, for worthy and responsible borrowers. The early savings and loans were in the business of "neighbors helping neighbors".
Lincoln Savings and Loan Association was founded in Los Angeles as a California chartered savings & loan in 1925. Through the early 1980s, Lincoln was a conservatively-run enterprise, with almost half its assets in home loans and only a quarter of its assets considered at risk. It had slow growth at best, and had shown a loss for several years until it made a profit of a few million dollars in 1983. Lincoln then became headed by Charles Keating, who as chairman of a housing construction company, American Continental Corporation, purchased Lincoln in February 1984 for $51 million.
The Southern Ohio Museum was built as the Security Savings Bank & Trust Company in 1918 by shoe manufacturer George D. Selby. In 1978, after the bank had moved to a new location, the company became the trustees of an artistic bequest from Dr. Russell Leiter (developer of the Leiter International Performance Scale). This inspired the company to donate its old building as a home for a new museum, with Leiter's bequest as its first permanent collection. The museum was initially funded by a $100,000 donation from Edmund J. Kricker, the chief executive officer at the First Federal Savings and Loan Association.
Deaton was born in Clayton, New Mexico and his family lived in a tent on the Oklahoma plains for two years. Deaton studied structural engineering, industrial design and architecture on his own, and earned certification. He designed the futuristic Sculptured House on Genesee Mountain near Denver, Colorado that was featured in the Woody Allen movie Sleeper. He also designed a similar Key Savings and Loan Association (now Colonial Bank) building in Englewood, Colorado and the Wyoming National Bank in Casper, Wyoming. In 1967, Kansas City, Missouri was planning to build a new multipurpose arena for its professional baseball and football teams.
He also became a principal in the Pomona Valley Telephone and Telegraph Union and the Home Builders Savings and Loan Association. As he acquired the resources to be a public benefactor, he became active in supporting Pomona Valley Community Hospital and the Claremont Colleges, participating in the founding of Claremont Men's College (now Claremont McKenna College) and Harvey Mudd College. In 1963 he took the lead in founding Pitzer College, and accordingly, Pitzer College chose the orange tree as its symbol. In 1903 he married Flora Sanborn, and they had one child, Kenneth S. Pitzer in 1914.
ESL Federal Credit Union was chartered in 1920 as Eastman Savings and Loan Association by George Eastman, founder of Eastman Kodak Company. Mr. Eastman’s intent at that time was to provide his employees with a financial institution that served their financial needs—especially by providing mortgages. On February 1, 1996, Eastman Savings and Loan changed its charter from a U.S. bank to a Federal Credit Union, changing its name to ESL Federal Credit Union. It is the largest locally owned financial institution in the Greater Rochester area and the largest credit union in New York State.
Von Zell delivered the commentary on Celebrity Golf, a series of half-hour, nine-hole golf matches made in 1960 with Sam Snead taking on such Hollywood celebrities as Dean Martin, Jerry Lewis and Bob Hope at Los Angeles golf courses such as Woodland Hills and Lakeside Country Club. Those matches were rerun in recent years on the Golf Channel. In his later years von Zell was a commercial spokesman for Los Angeles-based savings and loan association Home Savings of America. In 1976 he was one of the many leading radio announcers who participated in a television special, The Good Old Days of Radio.
After the Second World War, Sidley & Austin began expanding beyond its Chicago roots as many of its clients entered new markets. In 1963, its Washington, D.C. branch was established which would soon become an important player in that city's legal market through its representation of the American Medical Association, American Bar Association and the International Minerals & Chemical Corporation. The firm developed strengths in antitrust and the representation of clients in front of the Federal Trade Commission. Sidley & Austin was among several law firms caught up in the Savings & Loan Crisis and paid $7.5 million to settle legal malpractice claims stemming from its representation of the Lincoln Savings and Loan Association.
The Home Federal Savings and Loan Association of Des Moines Building, also known as American Federal Savings and the Catholic Pastoral Center, is a historic building located in downtown Des Moines, Iowa, United States. Completed in 1962, it is considered to be "one of the most well-known examples of mid-century modern architecture in Des Moines." It was designed by the prominent Chicago architect Ludwig Mies van der Rohe, and it is one of the first steel and glass modernist buildings in the city's downtown. Initially, the roof was designed to be suspended from two lengthwise trusses, similar van der Rohe's designs at the Illinois Institute of Technology in Chicago.
The first Disneyland version of Great Moments with Mr. Lincoln – named after the World's Fair attraction – opened on July 18, 1965, in honor of the official 10th anniversary of the park, in the new Opera House on Main Street, USA. The show in the main theater with Mr. Lincoln was a duplicate of the World's Fair attraction. The exterior and interiors of the building were given a new theme using Abraham Lincoln and Walt Disney exhibits, displays and films as the attraction was presented by Lincoln Savings and Loan Association, not the state of Illinois. It did not require an "A" through "E" attraction admission ticket.
1940s postcard of the building Construction on the building began in 1944, with it opening in 1948 as the Equitable Building. The building, which was built as the headquarters in Portland of the Equitable Savings and Loan Association, was originally intended to be 12 stories high but was later expanded to 14. It was the first tower to be sheathed in aluminum, the first to use double-glazed window panels, and was the first to be completely sealed and fully air-conditioned. In 1965, the building was renamed as the Commonwealth Building when the Equitable Center (now Unitus Plaza) opened, which was also designed by Pietro Belluschi.
The company continued to offer life insurance, and also became an agent for a Winnipeg-based savings and loan association, later representing the Crescent Finance Corporation of Saskatoon, specializing in farming loans. "Through the loan business, he gave lots of people their start around here", said Gord Smith, Smith's grandson. According to Jerry Smith, W.W. Smith was an outstanding life insurance salesman and one of the top agents in the area: "He sold a million dollars' worth of life insurance at one point during the 1920s, which was quite a feat at the time". Smith remembers his father as very friendly and someone who genuinely liked people.
After Adan’s retirement from the active service, he served as a member of the Board of Trustees of the Armed Forces and Police Savings and Loan Association Inc. In 2007 he was appointed by former President Gloria Macapagal Arroyo to be the executive director of the VFA Commission with the rank of Undersecretary, a post he served until 2014. As such, he was responsible for overseeing the implementation of the Visiting Forces Agreement between the Philippines and the United States and developing policy and legislative recommendations. He pushed for the Senate ratification of the Status of Visiting Forces Agreement between the Philippines and Australia.
Baird moved to Kansas City, Missouri in 1909, where he lived for the remainder of his life. In 1912, Baird paid $49,000 for one of the finest homes in Kansas City, a estate "with forest trees" on Sunset Drive overlooking the Country Club. In March 1914, Baird, who was then engaged in the investment and farm mortgage business, purchased the Western Exchange Bank in Kansas City and was elected its president. At various times, Baird was also a director of the Inter-State National Bank, a director of the Morris Plan Company, and treasurer of the Anchor Savings and Loan Association, all of Kansas City.
White was appointed by Democratic Governor David Pryor to head the Arkansas Industrial Development Commission (AIDC). The industrial panel was originally created by Democratic Governor Orval Eugene Faubus and first directed by Winthrop Rockefeller, who in 1966 used his experience in the AIDC to get elected as Arkansas' first Republican governor since 1874. White left the AIDC after two years and became president of Capital Savings and Loan Association in Little Rock. Democrats later derided White's tenure at AIDC by pointing out that the number of industries which came to the state was much reduced from earlier and later years, a situation that Republicans attributed to a national recession.
After leaving office, Flores founded a number of companies, including the Guam Savings and Loan Association in 1954, now named BankPacific and run by his grandson Phillip Flores, Mariannas Finance Corporation, Pacific American Insurance Company, and Guam Air Lines, and owned a number of office buildings and an apartment buildings. In addition to his entrepreneurial work, Flores served on a number of boards, including chairing the University of Guam Board of Regents and the Territorial Planning Commission, and a member of the Guam Chamber of Commerce, Young Men's League of Guam, and the Elks Club. He died on December 18, 1981, by his long illness at the age of 81.
Leppert was elected to the Board of Directors of Washington Mutual (at the time, the largest savings and loan association in the United States) in 2005; as part of his election, he was also named to the Board of Directors' Governance and Audit committees. During Leppert's time on the Board of Directors, Washington Mutual collapsed — the largest bank failure in American financial history. Leppert became President and Chief Operating Officer of Kaplan, Inc. in January 2013, assuming day-to- day oversight of the company's operating divisions: Kaplan Test Prep and Kaplan Higher Education in the United States, and Kaplan International, with operations across Europe, Asia, and Australia.
To comply with IRS requirements, all IRAs, including precious metals IRAs, must be in the possession of a trustee or custodian, not the owner's individual possession. IRS Publication 590 specifies that for all IRAs, "The trustee or custodian must be a bank, a federally insured credit union, a savings and loan association, or an entity approved by the IRS to act as trustee or custodian." Many trustees/custodians use civilian (private) depositories, which may be approved by various commodities exchanges, for storing IRA metals. Security features may include timed locks and automatic re-locking features, 24/7 monitoring, and motion, sound, and vibration detectors.
Prior to taking office, Bill and Hillary Clinton had invested in the Whitewater Development Corporation, a real estate development company owned by Jim McDougal and Susan McDougal that quickly went bankrupt. The McDougals were later charged with fraud due to their activities connected to a savings and loan association. The July 1993 death of Deputy White House Counsel Vince Foster raised new allegations about the Clintons' connections to the savings and loan associations, marking the start of what became known as the Whitewater controversy. To defuse allegations stemming from Foster's death, Clinton authorized Attorney General Reno to appoint a special prosecutor under the terms of the Ethics in Government Act.
Banc One brought in managers from other parts of the Banc One organization to correct mistakes which led to the insolvency, though they kept on a few key MCorp staff whose leadership and connections were considered crucial to the transformation. Laws were changed in Texas that would allow Banc One, and other purchasers of failed banks, to operate a single bank statewide instead of being restricted by narrow geographical regions. The next acquisition that occurred in Texas was the purchase of the failed Bright Banc Savings a few months later from the Resolution Trust Corporation in 1990. This failed savings and loan association cost the federal government $1.4 billion.
The bank traces its history to 1892, when Bernard Francis Saul founded the B.F. Saul Company, a mortgage and real estate firm. On October 11, 1955, a savings and loan charter was granted to a group of Baltimore area businessmen but never used. In 1969, the charter was purchased and the Chevy Chase Savings And Loan Association was established, taking the name from Chevy Chase, Maryland. Saul's grandson, B. Francis Saul II, opened the S&L; on December 1, 1969, fifty years to the day after his grandfather, B. F. Saul opened Home Savings and Loan (subsequently merged into American Security Bank - now part of Bank of America).
Charles Humphrey Keating Jr. (December 4, 1923 – March 31, 2014) was an American athlete, lawyer, real estate developer, banker, financier, and activist best known for his role in the savings and loan scandal of the late 1980s. Keating was a champion swimmer for the University of Cincinnati in the 1940s. From the late 1950s through the 1970s, he was a noted anti-pornography activist, founding the organization Citizens for Decent Literature and serving as a member on the 1969 President's Commission on Obscenity and Pornography. In the 1980s, Keating ran American Continental Corporation and the Lincoln Savings and Loan Association, and took advantage of loosened restrictions on banking investments.
In August 1984, Home Savings entered the state of New York by announcing the Federal Savings and Loan Insurance Corporation- assisted acquisition of the troubled Cedarhurst-based Century Federal Savings and Loan Association. At the time of the acquisition, Century Federal Savings had 16 branches on Long Island. In October 1987, Home Savings announced the pending acquisition of the troubled New York City-based Bowery Savings Bank with its 25 New York City branches for $200 million in cash. The acquisition was completed in February 1988 and initially did not merger Bowery into its existing Savings of America's New York operations and kept it as a separate business entity.
He was vice-chairman of the Price Adjustment Board of the War Department during World War II; the other positions he held were the presidency of Rotary International, 1954–55; directorship positions for the First National Bank of Barrington (Illinois) and the Chicago Federal Savings and Loan Association; and membership on the Board of Governors of the Illinois Crippled Children Society, 1941–42. Taylor also authored "The Four-Way Test", "The Ten Marks of a Good Citizen", "The Twelve Marks of a True Christian", and "God Has A Plan For You". He has been inducted into the American National Business Hall of Fame. He featured on the cover of Newsweeks 28 February 1955 issue.
The Bohemian Building, Loan and Savings Association (also known as the Slavic Savings and Loan Association) was established in 1900, in order to serve the needs of Czech immigrants. The association was formed by twenty Bohemian men at Joseph Klecka's Tavern on Ashland Avenue. Two years later, in 1904, the Madison Bohemian Savings Bank was also founded in order to aid Czech immigrants, particularly the Czech farmers of the Hereford Zone of Northern Baltimore County. The mainstream banks during the 1800s and early 1900s would ignore or turn away customers who were Eastern European or Southern European immigrants, so Czechs and other non-WASP immigrants would establish their own banking institutions to serve the specific needs of their communities.
Third, financing for the hotel purchase and renovation came under fire by labor unions and others in Tennessee. The hotel was purchased with a $9.8 million loan from Security Federal Savings and Loan in Nashville. The single loan represented 60 percent of the commercial loan business of the savings and loan association (S&L;) and its only out-of-state loan—which led to questions about whether undue influence was applied to the S&L; to make the loan, and whether it imperiled the S&L;'s financial stability. The consortium said that the strike had delayed the renovation two months and the hotel would likely lose $1.5 million in 1982, but that nevertheless the renovation would proceed.
One of his first roles in the community was starting a snack booth at the airport when Pedro Pan flights started, greeting newly arrived Cuban exiles. Along with that, he co-founded the Cuban Hebrew Congregation on Miami Beach in 1961, the United Way International in his community(Vice-President for the Miami- Dade County from 1965-1977). From 1962–1974, he was Vice-President of the Washington Federal Savings and Loan Association, housing consultant to USAID, IDB (Interamerican Development Bank), and the United Nations. He was leaning towards exile militanancyt at the start of his Miami career, having funded anti-Castro missions like the one in which Tony Cuesta was captured.
On November 17, 1989, the Senate Ethics Committee investigation began of the Keating Five, Alan Cranston (D–CA), Dennis DeConcini (D–AZ), John Glenn (D–OH), John McCain (R–AZ), and Donald W. Riegle, Jr. (D–MI), who were accused of improperly intervening in 1987 on behalf of Charles H. Keating, Jr., chairman of the Lincoln Savings and Loan Association. Keating's Lincoln Savings failed in 1989, costing the federal government over $3 billion and leaving 23,000 customers with worthless bonds. In the early 1990s, Keating was convicted in both federal and state courts of many counts of fraud, racketeering and conspiracy. He served four and a half years in prison before those convictions were overturned in 1996.
Hart would later intimate in a 1972 interview that his Airmen of Note assignment served as a "cover" for his instructive duties. While in the Air Force, he co-founded Joe and the Jaguars (alternatively billed as The Jaguars) with a fellow serviceman, guitarist Joe Bennett. Following his 1965 discharge, Hart briefly returned to the New York metropolitan area, where he filled in for the regular drummer in a "staid fox-trot band" as a member of the local musician's union. While stationed in southern California, he had discovered that his father (by now employed as a savings and loan association executive in Los Angeles) was still involved in the drumming community as an endorser for Remo.
IndyMac, a contraction of Independent National Mortgage Corporation, was an American bank based in California that failed in 2008 and was seized by the United States Federal Deposit Insurance Corporation (FDIC). Before its failure, IndyMac Bank was the largest savings and loan association in the Los Angeles area and the seventh largest mortgage originator in the United States. The failure of IndyMac Bank on July 11, 2008, was the fourth largest bank failure in United States, and the second largest failure of a regulated thrift at that time. “Mac” is an established contraction for “Mortgage Corporation”, usually associated with Government sponsored entities such as “Freddie Mac” (Federal Home Loan Mortgage Corporation) and "Farmer Mac" (Federal Agricultural Mortgage Corporation).
These textile mills, run by the Sanfords, Shuttleworths and others, employed thousands of new immigrants, made superior floor covering products, and generated tremendous wealth for their shareholders. They were the building blocks of what is now known as Mohawk Industries of Calhoun, Georgia. This wealth generation and concentration in a small city of upstate New York resulted in the Fulton-Montgomery County region having the largest number of millionaires on a per capita basis in the U.S. during the early 1900s. Wytrwal was one of the founding members and initial investors in forming the Amsterdam Federal Savings and Loan Association, a privately owned bank also known as the "Polish Bank" on Church Street.
Although the oldest property in the district dates back to 1847, and the newest to 1913,, Ohio Historical Society, 2007. Accessed 2011-02-24. the majority of the district's houses were built in the last years of the nineteenth century, and most houses in the neighborhood that are significantly older were extensively modified at that time. During the late nineteenth century, Sidney was passing through a period of transformation: since its establishment in 1820, its identity was that of a small county seat in an agricultural region, but by the end of the century, institutions such as the People's Federal Savings and Loan Association were causing it to gain prominence in commerce, industry, and banking.
He won reelection every two years until 1938. Gates did not run for a thirteenth term in 1940, and served until the expiration of his final term in January 1941.Vermont Legislative Directory, published by Vermont Secretary of State, 1947 After retiring, Gates was appointed as executive clerk on the staff of Governor William H. Wills; in fact, he acted as an advisor and counselor to the heads of the state government's executive departments and leaders of the Vermont General Assembly. In addition to serving as State Auditor, Gates was president of the Vermont Building, Savings, and Loan Association, a trustee of the Wood Art Gallery, and a trustee of Green Mount Cemetery.
Franklin Savings Association was an Ottawa, Kansas-based American Savings and loan association that was one of the largest seizures of the savings and loan crisis. Subsequent litigation established that the institution had always been in full capital compliance, a fact to which the FDIC stipulated in 2011, after 21 years of legal challenges by Franklin's shareholders. Also, the FDIC refused to open its books to a bankruptcy judge and never demonstrated that the seizure resulted in a loss to the American taxpayers. It is widely believed that Franklin's assets, which had a book value of more than $380 million when seized, were ultimately sold by the government to private investors at a significant profit.
DriveTime originated as a Tucson, Arizona–based rent-a-car business called Ugly Duckling, which was founded in 1977. Thomas S. Duck, Sr., retired from selling insurance, started Ugly Duckling Rent-A-Car Corp. in 1977. By 1985, with the car rental business a major success and companies such as Budget Rent a Car doing well, Duck's company was the number five rental car company in the United States, with 600 franchises. Ultimately, Ugly Duckling filed for bankruptcy in 1989; Ernest Garcia II, who studied business at The University of Arizona in Tucson, and a convicted felon for his role as a straw borrower in the Lincoln Savings and Loan Association collapse, formed Duck Ventures, Inc.
After graduation, Keating quickly rose through the ranks at his father's American Continental Corporation, becoming an executive vice president by 1986. In 1993, Keating was convicted on 64 counts of fraud and conspiracy as a co- conspirator with his father in the collapse of American Continental and Lincoln Savings and Loan Association (see savings and loan crisis). The younger Keating was sentenced to eight years and one month in prison and $97.3 million in restitution but remained free on bail pending appeals. In 1996, U.S. District Judge John Davies overturned their convictions, ruling that the jury in the 1993 case was prejudiced by rulings against the elder Keating at the state level.
A few years later, they made the Kinder House the building in which they collected and preserved artifacts, as well as displaying exhibits to the public. The Des Plaines Savings and Loan Association built a building at 781 Pearson Street. It was later used as a place for different employments, including a dental office and a beauty salon. In 2002, with limited room to hold the collections and a will to further interest people in the history of Des Plaines, the History Center acquired the Des Plaines Savings and Loan Association’s edifice, and is today known as the “Visitor Center.” Here, people can view exhibits, become a member of the society, participate in programs, and even buy from the museum's gift shop.
Savings and loan industry deregulation and the late 1980s savings and loan crisis led many to change to stock ownership, or in some cases into banks. Many large U.S.-based insurance companies, such as the Prudential Insurance Company of America and the Metropolitan Life Insurance Company have demutualized, with shares of stock being distributed to their policyholders to represent the ownership interest they formerly had in the form of their interest as mutual policyholders. The Mutual of Omaha Insurance Company has also investigated demutualization, even though its form of ownership is embedded in its name. It is noted that other formerly mutual companies such as Washington Mutual, a former savings and loan association, have been allowed to demutualize and yet retain their names.
In 1938 Gaston bought and renovated a property on the edge of Kelly Ingram Park in downtown Birmingham, where, in partnership with his father-in-law, A. L. Smith, he started Smith & Gaston Funeral Home. Smith & Gaston sponsored gospel music programs on local radio stations and launched a quartet of its own. Realizing that there were not enough blacks with sufficient training to be able to work in the insurance and funeral industries, in 1939 he and his second wife, Minnie L. Gardner Gaston, established the Booker T. Washington business school. (His first wife, Creola Smith Gaston, died in 1938.) Other Gaston enterprises included Citizens Federal Savings and Loan Association, the first black-owned financial institution in Birmingham in more than forty years.
The lobby walls were faced with Alabama marble that is swirled in pinks, and it featured bronze and copper doors. In 1994 the family of Davenport Banker V.O. Figge and his wife Elizabeth, who was Henry Kahl's daughter, donated the building to the Scott Community College Foundation, which used it for academic purposes. The Eastern Iowa Community College District announced in August 2014 their intention to leave the Kahl Building and relocate to a new campus in the former First Federal Savings and Loan Association Building and First Midwest Bank building on West Third Street between Brady and Main streets. The new college campus was opened in January 2018, and the Kahl Building was sold to Jim Bergman of JNB Capitol Building for $2 million in June.
In October 1990, Garcia, then a Tucson-based real estate developer pleaded guilty to a felony bank fraud charge for his role as a straw borrower in the collapse of Charles Keating's Lincoln Savings and Loan Association. Garcia "fraudulently obtained a $30-million line of credit in a series of transactions that also helped Lincoln hide its ownership in risky desert Arizona land from regulators." Garcia spent three years on probation, and he and his firm filed for bankruptcy. In 1991, Garcia bought Ugly Duckling, a bankrupt rent-a-car franchise, for under $1 million and merged it with his own fledgling finance company, and turned it into a company selling and financing used cars for sub-prime buyers with poor credit history.
Washington Mutual, Inc—abbreviated to WaMu—was a savings bank holding company and the former owner of WaMu Bank, which was the United States' largest savings and loan association until its collapse in 2008. A savings bank holding company is defined in United States Code: Title 12: Banks and Banking; Section 1842: Definitions; Subsection (l): Savings Bank Holding Company See: On Thursday, September 25, 2008, the United States Office of Thrift Supervision (OTS) seized WaMu Bank from WaMu, Inc. and placed it into receivership with the Federal Deposit Insurance Corporation (FDIC). The OTS took the action due to the withdrawal of $16.7 billion in deposits during a 9-day bank run (amounting to 9% of the deposits it had held on June 30, 2008).
In 1885, the Colorado Milling and Elevator Company (CM&E;) was formed as a trust to help stabilize unpredictable flour prices; area millers elected Mullen as general manager, thereby increasing Mullen's industry influence. In addition to milling, Mullen was involved in the land and cattle business, including the J.K. Mullen Land and Cattle Company located in Lamar, the Platte Land and Cattle Company in Logan County; and the Riverside Land and Cattle Company in Larimer County. Among his contributions to the Colorado milling industry were his introduction of the Hungarian milling process (alternative to gristmill) and high-altitude flour. Over time, Mullen entered the financial sector, first as president of Union Savings and Loan Association, later a director at the First National Bank of Denver.
In 1984, American Continental Corporation bought Lincoln Savings and Loan Association for just over $50 million. Up through the early 1980s, Lincoln had been a conservatively-run enterprise, with almost half its assets in home loans and only a quarter of its assets considered at risk. pp. 162–163. It made slow growth at best, and had shown a loss for several years until it made a profit of a few million dollars in 1983. Once he took over, Keating fired the existing management. Savings and loan associations had been deregulated in the early 1980s, allowing them to make high-risk investments with their depositors' money, a change of which Keating and other savings and loan operators took advantage. pp. 289–290.
In light of such favorable numbers, Ahmanson continued to expand by purchasing other savings and loans that were failing. In 1990 and the following year, the company purchased Home Savings Bank of New York and also acquired numerous branch offices from Coast Savings' San Diego operation. In 1992, Ahmanson acquired County Bank of Santa Barbara and also changed the names of its savings and loan operations in New York and Connecticut to Home Savings of America. In 1993, the company purchased 24 branch offices from HomeFed Bank. In July, 1994, Home Savings of America purchased Fidelity Federal Bank, Long Beach Bank and Hawthorne Savings and Loan Association, with a total of 21 branches in Southern California with deposits totaling $1.1 billion.
In 1958, former ACTION member James Rouse succeeded Hollyday as head of Guarantee Title. In 1960, the Title Guarantee and Trust Co. merged to become the Maryland Title Guarantee Co. Hollyday retired from the firm as Vice CEO. He would also recommend changes to Baltimore's housing code prior to the Baltimore riot of 1968. Hollyday was a member of many housing industry and banking boards, including the Build America Better Committee of the National Association of Real Estate Boards, chairman of the association's homebuilders and subdividers division, Savings Bank of Baltimore, Loyola Federal Savings and Loan Association, the Hagner Co., the Guilford Realty Co. and James W. Rouse & Co. He was also president of the Fiscal Mortgage Co. and worked for the Roland Park Co., Industrial Bureau of the Board of Trade of Baltimore.
In November 1983, after the birth of her son, Barbara Thomas left the SEC and moved to Hong Kong with her husband to be a regional executive director at Samuel Montagu & Co.; by that appointment she became the first woman to be appointed an executive director of a British merchant bank. In 1987, she became senior vice president and group head of international private banking at Bankers Trust in New York. In 1988, she gave a character reference for Charles Keating, a former client of Kaye, Scholer. Keating was head of Lincoln Savings and Loan Association and American Continental Corporation, two companies whose collapse a year later formed part of the Savings and Loan crisis; later she was one of a number of professionals named in a resulting class action.
However, it did include provisions relating to the lending and investment powers of federal savings and loan associations, the real estate lending authority of national banks, and the lending and depositary authority of federal credit unions. Further changes occurred in the 1977 Housing and Community Development Act, which raised ceilings on single-family loan amounts for savings and loan association lending, federal agency purchases, FHA insurance, and security for Federal Home Loan Bank advances. In 1980 the Housing and Community Development Act was passed; it permitted negotiated interest rates on certain FHA loans and created a new FHA rental subsidy program for middle-income families. On August 31, 2007, the FHA added a new refinancing program called FHA-Secure to help borrowers hurt by the 2007 subprime mortgage financial crisis.
The U.S. Savings and Loan crisis of the 1980s and early 1990s was the failure of 747 savings and loan associations (S&Ls;) in the United States. The ultimate cost of the crisis is estimated to have totaled around $160.1 billion, about $124.6 billion of which was directly paid for by the U.S. federal government. The accompanying slowdown in the finance industry and the real estate market may have been a contributing cause of the 1990-1991 economic recession. Between 1986 and 1991, the number of new homes constructed per year dropped from 1.8 million to 1 million, at the time the lowest rate since World War II. The Keating Five scandal was prompted by the activities of one particular savings and loan: Lincoln Savings and Loan Association of Irvine, California.
Ameriquest was founded in 1979 by Roland Arnall, in Orange County, California, as a savings and loan association, or thrift, called Long Beach Savings & Loan. After moving to Long Beach, California and being converted to a pure mortgage lender in 1994, the company was renamed Long Beach Mortgage Co. In 1997, the department that funded loans made by independent brokers was spun off into a publicly traded company that was ultimately purchased by Washington Mutual in 1999. Long Beach Savings & Loan was subsequently reorganized into three divisions under the auspices of ACC Capital Holdings, a private conglomerate owned entirely by Arnall: Ameriquest Mortgage Company (retail banking), Argent Mortgage (wholesale banking), and AMC Mortgage Services (loan servicing). In 2004 alone, Ameriquest was estimated to have originated over $50 billion in new subprime mortgages.
In 1993, Centura took over Orange Federal Savings Bank in Chapel Hill, North Carolina; Brevard Federal Savings and Loan Association in Brevard, North Carolina; Granite Savings Bank in Granite Falls, North Carolina; First American Federal Savings Bank in Greensboro, North Carolina; First Savings Bank in Forest City, North Carolina; First Charlotte Bank in Charlotte, North Carolina; Canton Savings Bank in Canton, North Carolina and Robeson Savings Bank in Lumberton, North Carolina. In 1994, Centura took over Sewell's former home of Mid-South Bank. In 1995, Centura took over Cleveland Federal Bank in Shelby, North Carolina and First Southern Savings Bank in Asheboro, North Carolina and First Commercial Bank in Asheville, North Carolina. In 1996 Centura took over First Community Bank in Gastonia, North Carolina and First South Bank in Burlington, North Carolina.
Westernbank was founded on March 1, 1958 under the name Western Federal Savings and Loan Association of Puerto Rico in the western town of Mayagüez by Miguel A. García Méndez, a local statesman, businessman and experienced banker. With initial deposits reaching $250,000, the bank grew at a rapid rate, quadrupling its deposits and assets in less than nine months. By the early 1960s, Westernbank had expanded to the western and southwestern region of the island, with bank branches in the towns of Aguadilla, San Germán and Cabo Rojo. Between 1978 and 1981, when the United States and Puerto Rican economies were suffering from high inflation rates, local banks were facing losses due to an increasing number in bankruptcies and unemployment rates, and some were forced to either close, merge, or sell portions of their assets.
Niles Pease (1838–1921) was a Los Angeles, California, businessman who was president of the Merchants' and Manufacturers' Association in 1903–05 and of the City Council in 1907–10."Last Rites for Pease Tomorrow," Los Angeles Times, September 23, 1921, page II-1 Pease was born in Enfield, Connecticut, in 1838, where he was engaged in the furniture business for twenty years. He came to Los Angeles in 1884 and for the next two decades was the head of the Pease Furniture Co. At the time of his death on September 21, 1921, he was president of the Niles Investment Company, vice president of the International Indemnity Co. and a director of the Fidelity Savings and Loan Association and of the Bank of Italy. The Pease building at 7th and Hill streets was later bought by Bullock's Department Store for expansion.
The Philippines has a comprehensive banking system encompassing various types of banks, from large universal banks to small rural banks and even non-banks. As of 17 October 2017, there were 36 universal and commercial banks, 57 savings banks, 492 rural banks, 40 credit unions and 6,267 non-banks with quasi-banking functions, all licensed by the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) under the General Banking Act of 2000. On top of regular banking services offered by universal, commercial, thrift and rural banks, there are savings and loan associations which are mainly based in communities and among retirees in the armed forces and the police organization and other employees of the government of the Philippines. Prominent among these small savings services is the Armed Forces and Police Savings and Loan Association, Inc.
On June 26, 2008, Schumer took the extraordinary step of publicly releasing letters he had written to regulators regarding IndyMac Bank, the seventh largest savings and loan association and the ninth largest originator of mortgage loans in the United States, which he considered to be a severely troubled institution. Schumer wrote he was "concerned that IndyMac's financial deterioration poses significant risks to both taxpayers and borrowers and that the regulatory community may not be prepared to take measures that would help prevent the collapse of IndyMac." Many depositors at IndyMac panicked or from another perspective justifiably acted and withdrew funds in the 11 days before IndyMac failed. An audit by the Treasury Department's Inspector General would find that the primary causes of IndyMac's failure were associated with its business strategy of originating and securitizing Alt-A loans on a large scale.
Voelker's last surviving sibling, Flournoy "Flo" Voelker Guenard (1924–2016), was born in Texarkana, Arkansas, worked in the Northeast Louisiana Savings and Loan Association, a company founded in Lake Providence by Isabell Ransdell Voelker, the mother of the Voelker children. Voelker's nephew, Stephen Voelker Guenard (1948–2018), was a pilot in the United States Air Force and was later employed by Delta Air Lines. A co-founder of the Heber Valley Aero Museum in Heber City, Utah, he was committed to the historical preservation of aircraft used in World War II. Voelker was affiliated with the veterans organizations, the American Legion and the Forty and Eight, the Farm Bureau Federation, Rotary International, and the executive board of the Ouachita Council for the Boy Scouts of America. He was a member of the board of governors of the Council of State Governments.
In our current times, Coady International Institute has continued to promote and support people owned institutions around the world through its leadership programs. The idea of 'collectives' managing their finances or enterprises have taken many new shapes in modern times. Self-Help Groups (SHGs) - small group of 10-20 members, mostly women, have become very popular and wide spread particularly in India but also elsewhere with an estimated 110 million members; while another similar small group managed system called Village Savings and Loan Association (VSLAs) have become popular particularly across the continent of Africa with over 10 million members. These small groups managed and governed financial services are similar in idea to the Study Clubs of Antigonish movement, and avoid the possible negative outcomes of Credit Unions becoming more corporate and moving away from members' active participation and control.
In the aftermath of Bellotti, several states changed their laws relating to spending on referenda.P Lansing and G.M. Sherman, “Evolution of the Supreme Court's Political Spending Doctrine: Restricting Corporate Contributions to Ballot Measure Campaigns after Citizens against Rent Control v. City of Berkeley California,” The Journal of Corporation Law 8 (1982): 97, accessed March 19, 2014. In 1981, Iowa's state legislature updated their campaign finance laws to state, > It is unlawful for any insurance company, savings and loan association, > bank, and or corporation ... to contribute any money, property, labor, or > thing of value, directly or indirectly, to any committee, or for the purpose > of influencing the vote of any elector, except that such resources may be so > expended in connection with a ballot issue, however all such expenditures > are subject to the disclosure requirements of this chapter.Iowa Acts , > Chapter 35, Section 14, Iowa Legislature (1981).
At the end of 1988, Lewis Ranieri and his investor group Ranieri Wilson & Company acquired the deposits and 19 offices of the insolvent savings and loan association named United Savings Association of Texas from the Federal Savings and Loan Insurance Corporation for $200 million to create the new United Savings Association FSB. In May 1990, United Savings acquired the deposits and 4 offices of the insolvent Ameriway Savings Association from the Resolution Trust Corporation for $981 thousand. In June 1990, United Savings acquired the deposits and 19 offices of the insolvent Murray Savings Association of Dallas from the Resolution Trust Corporation for $809 million. In September 1991, United Savings acquired from the Resolution Trust Corporation the deposits and 20 offices of the insolvent San Jacinto Savings Association for $34.3 million and also the deposits and 6 offices of the failed BancPlus Federal Savings Association in Pasadena for $1.7 million.
A savings and loan association (S&L;), or thrift institution, is a financial institution that specializes in accepting savings deposits and making mortgage and other loans. The terms "S&L;" or "thrift" are mainly used in the United States; similar institutions in the United Kingdom, Ireland and some Commonwealth countries include building societies and trustee savings banks. They are often mutually held (often called mutual savings banks), meaning that the depositors and borrowers are members with voting rights, and have the ability to direct the financial and managerial goals of the organization like the members of a credit union or the policyholders of a mutual insurance company. While it is possible for an S&L; to be a joint-stock company, and even publicly traded, in such instances it is no longer truly a mutual association, and depositors and borrowers no longer have membership rights and managerial control.
In this latter post he chaired the building committee for the construction of two libraries in town and chaired the Murals Committee. In Maplewood, he also was active in junior baseball as a manager and coach and chaired the town's junior football committee. Wallhauser's other activities included chairman and trustee of the Paper Mill Playhouse, Millburn, New Jersey; member and treasurer of the National Board of Directors, Family Service Association of America; president, Bureau of Family Service of the Oranges and Maplewood; vice president and trustee, St. Barnabas Medical Center, Livingston, N.J.; director of the Maplewood Bank and Trust Company, Yorkwood Savings and Loan Association and of Goodwill Industries of New Jersey; and member of the American Legion. He was a Freemason, serving as a past master of St. John's Lodge No. 1, of the Grand Lodge of New York, F.& A.M. Wallhauser lived in Maplewood for 63 years until his death on August 4, 1993 in Livingston, New Jersey.
The new building was the tallest in New Mexico, surpassing the First National Bank Building, and boasted novel features like the first use of Thermopane insulating glass in the southwest and an innovative radiant panel heating and cooling system. The Simms Building attracted notice both locally and nationally—it was featured in its own issue of Albuquerque Progress, a monthly journal published by Albuquerque National Bank, and it was written up in the national publications Progressive Architecture in 1955 (with photos by Julius Shulman) and Architectural Forum in 1957. According to the Progressive Architecture piece, The building was sold to Sandia Savings and Loan Association in 1973 for $1.75 million and was renamed Sandia Savings Building, though the Simms name persisted in local usage. Sandia Savings made a number of changes to the building, enclosing the open-air promenade on the 13th floor for more office space, expanding the ground-level retail area, and adding a multilevel parking garage.
The secondary mortgage market is the market for the sale of securities or bonds collateralized by the value of mortgage loans. A mortgage lender, commercial bank, or specialized firm will group together many loans (from the "primary mortgage market"Definition of 'Primary Mortgage Market' "The market where borrowers and mortgage originators come together to negotiate terms and effectuate mortgage transaction ...") and sell grouped loans known as collateralized mortgage obligations (CMOs) or mortgage-backed securities (MBS) to investors such as pension funds, insurance companies and hedge funds.Investopedia 'Primary Mortgage Market' Mortgage-backed securities were often combined into collateralized debt obligations (CDOs), which may include other types of debt obligations such as corporate loans. The secondary mortgage market was intended to provide a new source of capital for the market when the traditional source in one market—such as a Savings and loan association (S&L;) or "thrift" in the United States—was unable to.
1938 Capitol Building and Loan Association changed its name to Capitol Federal Savings and Loan Association. In difficult times, the association stood at $6 million in total assets, half of what it had been prior to the Crash of 1929. Although these were challenging times, the association came out stronger, leading to an era of success. 1941 Capitol Federal board of directors named Henry A. Bubb as president of the association. 1943 The association became “the largest federally insured association in the state.” 1950 Assets grew to more than $19 million; and the first branch office in Kansas was opened at 1201 Topeka Boulevard in Topeka. 1958 Assets reached $100 million. March 1959 John C. Dicus joined the association 1960 Capitol Federal installed its first "computer" - a Univac "tab" machine - in the Home Office at 6th and Kansas in Topeka. December 9, 1961 Capitol Federal's new Home Office opened at 700 South Kansas Avenue in Topeka on December 9, 1961.
The Merritt Commercial Savings and Loan Association, originally from Merritt Boulevard in the southeast Baltimore County suburban area of Dundalk, was one of several savings and loan associations (S&Ls) which had experienced rapid growth in deposits in the late 1970s and early 1980s. To invest a portion of this capital and increase its prestige, Merritt S&L constructed the Merritt Tower to replace its small brick offices on the west side of St. Paul Street just above East Baltimore Street. The new building would also overshadow the headquarters of rival Baltimore Federal S&L, a recreated Georgian/Federal-style building known as "Colonial Corner" which had dominated St. Paul Street since the 1950s, and the headquarters of many of the traditional larger banks and insurance companies which had dominated the city's skyline since the Great Baltimore Fire of 1904. The Merritt Association went bankrupt along with several other major S&Ls in the metropolitan area during the aftermath of the Old Court Savings and Loans financial embezzlement scandals, following a run on its deposits in 1985.
In 1971, Seligman & Associates went public and in 1973, Seligman joined his father's company as Vice President of Seligman of Florida, Inc. In 1976, he became Vice-President of Seligman & Associates, responsible for building single-family homes and managing owned multi-family properties; and in 1977, he became President, Director, and CEO of Seligman & Associates. By 1985, Seligman had developed over 10,000 units. In 1984, he founded the Sterling Savings and Loan Association which focused on residential mortgage lending and servicing.Sterling Bank: "Our History" retrieved October 6, 2015 In 1987, the Seligman family took Seligman private. In 1990, Sterling expanded into commercial real estate lending. In 1993, Sterling Savings and Loan was renamed Sterling Bank and Trust, FSB. In 1995, the bank had $78 million in assets;Baltimore Sun: "First Mariner Bank sets off as Hale carefully plots course" by Timothy J. Mullaney May 24, 1995 by 2015, Sterling had grown to $1.3 billion in assets with 18 branches in the San Francisco area and its headquarters in Southfield, Michigan.
In November 1990, WaMu announced the pending acquisition of the Vancouver-based VanFed Bancorp with its Vancouver Federal Savings Bank subsidiary for $23.3 million. At the time of the announcement in November 1990, WaMu had 75 branch offices, all within Washington state. The acquisition was completed in August 1991. The acquisition of the Pacific Northwest branch offices from the New York-based CrossLand Savings Bank that was announced in April 1991 and completed in November 1991 gave WaMu four offices within the state of Washington in addition to other offices located in the state of Oregon. In August 1991, WaMu announced the pending acquisition of the Seattle-based Sound Savings and Loan Association for an undisclosed amount. At the time of the announcement in August 1991, WaMu had 84 branch offices, all within Washington state. The acquisition was completed in January 1992. In September 1991, WaMu announced the pending acquisition of the Bremerton-based GNW Financial Corporation with its Great Northwest Bank subsidiary for $64 million in cash and stock.
Additionally, they designed the Coffee Dan's Restaurant buildings on Vine Street in Hollywood as well as on Broadway in Downtown Los Angeles in 1946. With John Leon Rex, he designed the Anderson House at 621 Perugia Way in Bel Air in 1951. The same year, they designed the Romanoff Center and Restaurant in Beverly Hills. In 1955, they designed the Edward Albert Adams House at 2331 Cove Avenue in Silver Lake to the designs of Harwell Hamilton Harris. They also designed the Piness Medical Building in Beverly Hills in 1955. They also designed the Psychology Building on the campus of the University of California, Santa Barbara in 1965. They designed the William Morris Offices in Beverly Hills in 1955. They also designed the McKinley Home for Boys in San Dimas, California, as well as the Portola Middle School in Tarzana, California. They also designed the Los Angeles Federal Savings and Loan Association building in North Hollywood in 1960 and its Hollywood building on the corner of Sunset Boulevard and Vine Street in 1963–1964.
On May 26, 2012, Cardozo was elected as the President and Chief Executive Officer of the Armed Forces and Police Savings & Loan Association (AFPSLAI), a private, non-stock and non- profit savings and loan association established and registered with the Philippine Securities and Exchange Commission in 1972. It is supervised by the Bangko Sentral ng Pilipinas and one of the leading providers of financial products and allied services to the Armed Forces of the Philippines, Philippine National Police, Bureau of Jail Management and Penology, and Bureau of Fire Protection. During the AFPSLAI's 41st Annual Membership Meeting on May 25, 2013, Cardozo announced that the company made a quantum leap towards its financial targets where the company's gross income reached PHP 7.96 billion, 16% higher than the previous year. The highest net income was recorded in 2012 compared to 2004 which was considered by the company as its benchmark year. Other financial highlights of his report compare to the previous year are as follows: 3% lower Total Expenses of PHP 1.69 billion; 10% higher Total Assets of PHP 49.94 billion; 18% higher Loans Production of PHP 35.56 billion; and 9% higher Capital Contribution of PHP 33.58 billion.
Commissioner of Internal Revenue, he weighed in on the income tax consequences of the savings and loan crisis, permitting a savings and loan association to deduct a loss from an exchange of mortgage participation interests. In Personnel Administrator MA v. Feeney, Marshall wrote a dissent saying that a law that gave hiring preference to veterans over non-veterans was unconstitutional because of its inequitable impact on women. Among his many law clerks were attorneys who went on to become judges themselves, such as Judge Douglas Ginsburg of the D.C. Circuit Court of Appeals; Judge Ralph Winter of the United States Court of Appeals for the Second Circuit; Supreme Court Justice Elena Kagan; as well as notable law professors Susan Low Bloch, Elizabeth Garrett (former President of Cornell University), Paul Gewirtz, Dan Kahan, Randall L. Kennedy, Eben Moglen, Rick Pildes, Louis Michael Seidman, Cass Sunstein, and Mark Tushnet (editor of Thurgood Marshall: His Speeches, Writings, Arguments, Opinions and Reminiscences); and law school deans Paul Mahoney of University of Virginia School of Law, Martha Minow of Harvard Law School, and Richard Revesz of New York University School of Law.
New York side of the gorge, c. 1901In 1881, along with his father Jacob and Charles Brush, they founded of the "Brush Electric Light Company of Buffalo" which built an electric generator that operated by mechanical power, supplied by the canal water, which used 16 carbon arc lights to illuminate Niagara Falls at night. The Brush Electric Light Company of Buffalo" and the "Thomson-Houston Electric Light and Power Company of Buffalo" later consolidated into the "Buffalo General Electric Company" on August 1, 1892 In 1882, Schoellkopf constructed the first horse-drawn street car system in Niagara Falls (known as the "Niagara Falls and Suspension Bridge Street Railway") completed July 4, 1883, and was manager of that company until 1890 when he sold his interest as it became part of the International Railway system. International Hotel in Niagara FallsSchoellkopf was also on the Board of Directors of the "Niagara County Savings Bank" (which was acquired by Buffalo Savings Bank in 1981 and dissolved in 1991), the "International Hotel Company" (which operated the International Hotel, built in 1853 by B. F. Childs at the corner of Falls Avenue at Main Street in Niagara Falls, and was destroyed by fire on January 3, 1918), and the "New York Mutual Savings and Loan Association.

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