49 Sentences With "savings institution" | Random Sentence Generator

In many small villages in China, the postal bank is still the only trustworthy savings institution around.

His defining moment came in 1878, when he broke the Manhattan Savings Institution case, in which several masked men, led by Jimmy Hope — a prominent member of the Rogues' Gallery — made off with $2.75 million in securities and cash.

I don't think we live in a world where everyone's planning to hit the Manhattan Savings Institution, but I do think that everyone has some fantasy of what they would do if they showed up one day and they could get into the vaults and walk out a millionaire.

In 1857, William Chrisman helped found the Chrisman-Sawyer Banking Company, which evolved directly from the already-established "Independence Savings Institution/Independence Savings Association".Page 351, "Encyclopedia of the history of Missouri" "...The Chrisman-Sawyer Banking Company is the outgrowth of the Independence Savings Institution, and is, therefore, one of the oldest banking houses now in existence in Missouri...", p. 351, The Southern History Company, Haldeman, Conard & co.

Former South Brooklyn Savings Institution building, now Trader Joe's Independence Community Bank was a bank based in Brooklyn, New York. In 2006, the bank was acquired by Santander Bank.

Dry-Dock Savings Institution, Bowery, Corner of 3d Street Dollar Dry Dock Savings Bank was a savings bank that operated in New York City from 1983 until it suffered from bank failure in 1992.

William H. Ainey was born in Susquehanna county, November 30, 1834. In 1860, he organized the Allentown Savings Institution and was chosen its first president. In 1863–64 the Second National Bank of Allentown was organized.

Frelinghuysen was admitted to the bar as an attorney in 1871 and as a counselor in 1874. He became president of the Howard Savings Institution. He resigned that post to become president of the Mutual Benefit Life Insurance Company.

Controlled growth solidified Provident’s status as a stalwart financial institution. A landmark event in the history of both Provident and its neighboring competitor Bloomfield Savings Institution was marked in 1983 when they announced a merger that would create a billion-dollar plus bank.

The first day's deposits totaled $53, which included two dollars from Charles Colton's 10-year-old son. Colton was the only salaried employee for the first three-and-a-half years of the institution's existence. In 1858, "The Pittsburgh Dollar Savings Institution".

In addition to practicing law, Hackett went into banking and business. He worked his way up the ranks of several companies, and served as president of the Albany City Savings Institution, the Albany City Safe Deposit Company, and the New York Mortgage and Home Building Company.

In 1907, Harris reorganized his banking business, founding the Harris Trust and Savings Bank, based in Chicago and Harris, Forbes & Co. based in New York.NEW BANK IN CHICAGO.; Harris Trust and Savings Institution Has $3,000,000 Deposits. New York Times, February 05, 1907 Harris was also a director of AT&T.

He served as president of the People's National Bank of New Brunswick, vice president of the New Brunswick Savings Institution, and was a founder and vice president of the First National Bank of South Amboy (now known as Amboy Bank).Bridgeton pioneer. (Bridgeton, N.J.), 01 Nov. 1894. Chronicling America: Historic American Newspapers. Lib.

He then became president of the State Savings Institution until 1871, when he became president of the National Bank of Illinois. In 1877, President Hayes nominated him for United States minister to Switzerland, but he declined for personal and business reasons. He was a presidential elector on the Garfield ticket in 1880.

The Olin and Preston Institute (re-charted as Preston and Olin Institute in 1869) was a Methodist-sponsored academy established in 1851. The first bank in Montgomery County, Blacksburg Savings Institution, was established in 1849. The first newspaper published in Blacksburg was the Montgomery Messenger. Its first issue was printed in 1869.

Joseph Kavaruganda was born on 8 May 1935 in Tare, Ruanda-Urundi. He attended primary school in Tare, and then attended the Kigali Junior Seminary before studying law in Belgium, earning his Doctor of Philosophy in 1966. He returned to Rwanda in 1967 and took up work as a president of Caisse d'Épargne, a credit and savings institution.

He was also a trustee of the East River Savings Institution and a governor of the Northwest Dispensary. He became a partner in his uncle's financial firm known as Henry Clews & Co. After the death of his uncle Henry in 1923, he succeeded as senior partner of Henry Clews & Co., located at 15 Broad Street in lower Manhattan.

George was a wine and tea dealer. He issued copper hard times tokens with his address 142 Grand near Elm, a bust image of Liberty, and the year 1837. He cofounded a wholesale grocery business, Stanton and Jarvis, in September 1838. Former South Brooklyn Savings Institution building, now Trader Joe's After Jarvis moved to Brooklyn in 1841, he developed business and civic interests within the borough.

Other jobs include a promoter of the turnpike from Ashton, Maryland, to Olney, Maryland, a candidate for the Maryland State Senate in 1858, an influential member of the grange, director of the Sandy Spring Savings Institution from circa 1856 to 1857, a census taker on at least two occasions (1850 and 1870) and a historian. He authored The Annals of Sandy Spring in 1882.

He assumed the presidency of the Commercial Insurance Company, then was named president of the Chicago Board of Underwriters in 1869. Following the Great Chicago Fire of 1871, he was named the president of the State Savings Institution, resigning in 1873. Dore also presided over the Newsboys' and Bootblacks' Home and donated a building to them in 1884. Dore married Annie B. Moulton on January 1, 1850.

Midland Loan Services, a division of PNC Real Estate, is a third-party provider of service and technology for the commercial real estate finance industry. It specializes in commercial loan and CMBS portfolio servicing. Founded in 1991, its headquarters are in Overland Park, Kansas. PNC/Midland is ranked by Mortgage Bankers Association as the 2nd largest master and primary servicer of commercial bank and savings institution loans.

After graduating from law school, Frelinghuysen was admitted to the bar and practiced law in New York and New Jersey. He later served as a director of the Howard Savings Institution of Newark, New Jersey and the Morristown Trust Company. For nearly half a century, he was in the cattle business and owned a "prize herd of Jersey cattle" at his Twin Oaks Farm in Morristown.

In 1866, he served as the deputy revenue collector alongside his brother. In 1871, he founded the Maryland and City Hotels in the state capital of Annapolis, Maryland. In 1874, he also co-founded the Annapolis Savings Institution, the Annapolis Water Company, and the Annapolis Gas and Electric Light Company. In 1884, Gorman moved to the state's biggest city of Baltimore, Maryland and started investing in coal companies.

Home State Savings Bank was the largest savings institution in Ohio, with $1.4 billion in assets. It was owned by Marvin L. Warner, a local real estate developer and investor. He bought the bank in 1958. Warner had been a part owner of the New York Yankees and the Tampa Bay Buccaneers in the 1970s, and was the original owner of the United States Football League Birmingham Stallions.

George A. Jarvis, American businessman and philanthropist George A. Jarvis (March 9, 1806 – May 8, 1893) was an American businessman and philanthropist. Jarvis was successful in retail and wholesale grocery, banking, and insurance industries in New York. He was founder and vice president of South Brooklyn Savings Institution and president of the Lenox Fire Insurance Company. He sat on the board or was a trustee for many organizations.

The Bank of Iwate faces competition from national banks that are continuing to expand business services in Morioka, including the Bank of Tokyo-Mitsubishi, and the Sumitomo Mitsui Banking Corporation. One long-term issue that will face Japan's regional banks will be the level of competition from Japan Post, the Japanese postal system which is also the world’s largest savings institution, by assets, when it is privatized in 2007.

The group invested in the construction of the Pittsburgh and Lake Erie Railroad, established the Economy Savings Institution and the Economy Brick Works, and operated the Economy Oil Company,Bole, p. 133, 135. as well as the Economy Planing Mill, Economy Lumber Company, and eventually donated some land in Beaver Falls for the construction of Geneva College. The Society exerted a major influence on the economic development of Western Pennsylvania.

One of the biggest bank heist that they completed was the robbery of the Ocean National Bank in 1869. They got away with about $768,879, but left approximately two million dollars on the floor of the bank. The most famous robbery that they pulled off was the Manhattan Savings Institution robbery of October 1878. It took Leslie three years to plan the robbery, but he did not get the chance to witness his gang's success.

When Fisk & Hatch failed for more than $8,000,000, in 1873, it was by reason of a debt of $2,651,000 owed the house by the Chesapeake & Ohio Railroad. This also caused the failure of the Newark Savings Institution, which had kept a large amount of securities on deposit with Fisk & Hatch. The firm never resumed business, but its members did. Mr. Hatch was reinstated in the privileges of the Exchange on June 6, 1884.

Not all of the money was cash: $250,000 of it was negotiable bonds, $12,000 of it was cash, and the rest were registered bonds. Leslie's gang slowly fell apart due to issues with dividing up the money they stole. Not long after the Manhattan Savings institution robbery, the police arrested most of his gang, and brought them in on robbery charges. It was believed that they pocketed over seven million dollars in all, and Leslie himself was never caught.

After becoming an attorney, Wakeman commenced practice as Horace Holden's junior partner. He later practiced as the senior partner of Wakeman, Latting & Phelps, the junior member of which was Edward John Phelps. Wakeman was also active in several business ventures, and was a director or executive of several banks, railroads, and insurance companies. He was one of the original incorporators of the Irving Savings Institution and an incorporator and director of the Hamilton Fire Insurance Company.

Younglove was for many years in charge of the construction of the great dam and elaborate system of canals at Cohoes, New York which provided the water power to the cotton mills. He became head of the water power company and supervised the construction of Mill #3 of the Harmony Mills. He was an incorporator of the Cohoes Savings Institution and the first treasurer, also director of the First National Bank of Cohoes, from its organization to his death.

Jarvis withdrew from Stanton and Jarvis in 1854 and the same year resigned as director of Atlantic Dock Company. Jarvis was a trustee or director of the Home Life Insurance Company, Brooklyn Collegiate and Polytechnic Institute and Union Trust Company. For 33 years, he was vice president of South Brooklyn Savings Institution, which he co-founded. Jarvis was president of the Lenox Fire Insurance Company beginning in 1860, during which time it had acquired a $90,000 surplus after having been "crippled".

President Grover Cleveland appointed Coombs a director of the Union Pacific Railroad in 1894, with special commission to collect the debts due the United States Government from the various Pacific railroads. Coombs later served as president of the Manufacturers' Terminal Co., and after that headed the Title Guarantee & Trust Co. of Brooklyn. In 1904, Coombs became president of the South Brooklyn Savings Institution, in which capacity he served until his death on January 12, 1922, age 88. He was interred in Green-Wood Cemetery.

Osher was born to a Jewish family and raised in Biddeford, Maine. In 1948, he graduated with a B.A. from Bowdoin College. He spent his early years in southern Maine, owning and running a large hardware store on Main Street in Biddeford as well as a big summer amusement park called Palace Playland in nearby Old Orchard Beach. After having worked at Oppenheimer & Company in New York, he moved to California, where he became a founding director of World Savings, which became the second largest savings institution in the United States.

Charles A. Colton (1807-1881), a Hartford, Connecticut native, moved to Pittsburgh with his family in 1850 to sell insurance. Mills, factories, coal mines and other industries in the fast-growing Pittsburgh region were drawing thousands of people annually, Americans and immigrants alike, in search of work. Colton recognized the need for a mutual bank to serve the interests of the working class. On July 19, 1855, Dollar Bank opened for business as "The Pittsburgh Dollar Savings Institution".dollar.bank: About / Historical Timeline For $1, anyone could open a savings account.

In 1822, during economically difficult years, Count Chotek and Felix Adam von Riccabona founded the "Sparkasse zu Innsbruck" as the first financial institution in Tyrol and the second oldest association savings bank in Austria. The aim was to encourage the building up of savings and financial provision for broad sections of the population and to use savings for economic development in the region. The city of Innsbruck provided the first business premises in the former town hall next to the city tower. In 1822 the Sparkasse became a general savings institution and could thus be used by all sections of the population.

From 1919 Kropp was living in Wüstenrot, just outside Heilbronn. In 1920 he published his book "Aus Armut zum Wohlstand" ("From Poverty to Prosperity") in which he first set down his proposals for a form of savings institution to support house building. On 22 July 1921 the founding meeting of the Wüstenrot Gemeinschaft der Freunde (GdF) (literally: "Wüstenrot Society of friends") took place, and the institution was registered at Heilbronn on 17 August 1921. Founder members included Mathilde Planck the first woman to serve in the regional parliament ("Landtag") of Württemberg, and Robert Ankele, the Württemberg postmaster.

Charles E. Sprague of the Union Dime Savings Institution, the board's first treasurer, noted that the group was careful to keep the word "reform" out of its name and gave the word "believe" as an example of a word that would benefit from elimination of its unneeded "i", stating that "If believe were spelled 'beleve', I think it would be a good change.""Simple Spellers Start With 300 Pruned Words; They Want to Avoid Scaring People at First. Not Reformers, They Insist Col. Sprague Thinks Many Persons Object to the Term – Some Publishers and Editors Enlisted.", The New York Times, March 13, 1906.

The Harmonites were industrious and utilized the latest technologies of the day in their factories. In Economy, the group aided the construction of the Pittsburgh and Lake Erie Railroad, established the Economy Savings Institution and the Economy Brick Works, and operated the Economy Oil Company, Economy Planing Mill, Economy Lumber Company, and eventually donated some land in Beaver Falls for the construction of Geneva College. The society exerted a major influence on the economic development of Western Pennsylvania. But since the group chose to adopt celibacy and the people in the group kept getting older, more work gradually had to be hired out.

He resided in the Philadelphia area, where he was active in banking as an officer and member of the board of directors at the Kensington Bank, of which he was President from 1854 to 1863. In addition, he was a member of the Board of Trustees at the Manufacturers’ and Mechanics’ Beneficial Savings Institution in Philadelphia’s Northern Liberties district. A Democrat, Smith was elected to the United States House of Representatives from Pennsylvania’s 3rd District in 1842, and he served one term, March 4, 1843 to March 3, 1845. Smith served for several years on the Board of Commissioners for Northern Liberties (now part of Philadelphia), and was the board’s President from 1840 to 1843 and 1846 to 1849.

In Economy, the group aided the construction of the Pittsburgh and Lake Erie Railroad, established the Economy Savings Institution and the Economy Brick Works, and operated the Economy Oil Company, Economy Planing Mill, Economy Lumber Company, and eventually donated some land in Beaver Falls for the construction of Geneva College. In 1869, Mennonite craftsmen built the stone wall around the Harmonite cemetery in Harmony with a unique revolving stone door. The society exerted a major influence on the economic development of western Pennsylvania. But since the group chose to adopt celibacy, they eventually died out when John S. and his wife Susanna C. Duss, the last surviving leaders of Harmony Society, died in 1951.

Tench Ringgold (March 3, 1777July 31, 1844) was a businessman and political appointee in Washington, D.C. He was U.S. marshal of the District of Columbia, appointed by President James Monroe (18171825) and serving in the position through 1830, during the first two years of the administration of Andrew Jackson. Ringgold also owned a leather factory and curing shop in Georgetown. He was appointed Treasurer of the Georgetown Savings Institution in what was then a separate jurisdiction later annexed by the District of Columbia. Ringgold was the son of Mary (Galloway) and Thomas Ringgold, and was from a prominent early-American family that came to the British colonies in the early seventeenth century.

He was a Vice President of the Bellows Falls Savings Institution, and later a Director of the Bellows Falls National Bank.Hamilton Child, Gazetteer and Business Directory of Windham County, Vt., 1724–1884, 1884, page 292 In addition he operated a hardware business with his brother, A. & J. H. Wentworth.Hemenway, The Vermont Historical Gazetteer Active in local government, Wentworth served as Rockingham's Town Treasurer from 1846 to 1870, and was also the longtime Treasurer of Rockingham's School District.Lyman Simpson Hayes, History of the Town of Rockingham, Vermont, 1907, pages 528 to 532 Maintaining his Whig affiliation until joining the Republican Party at its founding, Wentworth served in the Vermont House of Representatives from 1838 to 1839 and 1848 to 1849.

The Tax Reform Act made it easier for savings institutions and real estate investment trusts to hold mortgage securities as qualified portfolio investments. A savings institution, for instance, can include REMIC-issued mortgage-backed securities as qualifying assets in meeting federal requirements for treatment as a savings and loan for tax purposes. To qualify as a REMIC, an entity or pool of assets must make a REMIC election, follow certain rules as to composition of assets (by holding qualified mortgages and permitted investments), adopt reasonable methods to prevent disqualified organizations from holding its residual interests, and structure investors’ interests as any number of classes of regular interests and one –- and only one -– class of residual interests.Peaslee and Nirenberg have dubbed these tests the interests test, assets test, and arrangements test.

Russell was born on May 28, 1853 in New York City and as a child, lived there and at his parent's summer home in Princeton, New Jersey. He was a son of Helen Rutherfurd (née Watts) Russell (1815–1906) and Archibald Russell (1811–1871), who was born in Edinburgh, Scotland and became a lawyer after studying law with Sir Patrick Fraser Tytler and emigrated to the United States in 1836. Among his siblings was Anna Watts Russell (wife of Henry Lewis Morris), Eleanor Elliott Russell (wife of Arthur John Peabody, nephew of George Peabody), John Watts Russell, and architect William Hamilton Russell. His father was also a founder of the American Geographical Society and the Ulster County Savings Institution, near where Russell had his country seat in Ulster County.

As a child, Schell began his career with Littlefield & Shaw, an Irish linen importer in New York City. After a few years service, he was sent to England to represent the house and, at the age of twenty-six, he became a junior member of Lewis S. Fellows & Schell in New York, which later became known as Schell, Fellows & Co. He was with the jewelry firm for twenty years until it dissolved. He later entered the banking world with the Manhattan Savings Institution, serving as a trustee, treasurer and, beginning in 1876, president for over thirty years. Schell also served as a trustee of the Union Trust Company, a director of the National Citizens Bank, the Manhattan Life Insurance Company, the Citizens Fire Insurance Company, the Park Fire Insurance Company, the New York Society Library, the Institution for the Blind, St. Luke's Hospital, and a governor of the Manhattan Club.

The utility continued to operate as its principal subsidiary. By then Pinnacle's long-term debt had grown to almost US$2.4 billion. Earnings had declined to US$260 million in 1986, but were recovering by the end 1987. However, the stock price reached an all-time peak that year, which was not surpassed for the next decade, as the company ran into troubles through the early 1990s. In 1986, Pinnacle acquired MeraBank, a savings and loan. It grew to become Arizona's largest thrift, with $6.5 billion in assets. However, the thrift was seized by federal regulators in January 1990, due in part to the deterioration in prices in the Arizona real estate market.U.S. Seizes Arizona's Biggest Savings Institution New York Times February 1, 1990 A Reckoning for the Utility High Rollers New York Times July 29, 1990 By 1990, the company's earnings had fallen to under US$100 million, as it struggled through the 1990-1991 recession, as well as a series of failed attempts to diversify.

1930–1945 In 1881, C&O;'s new Peninsula Extension was completed from Richmond through the new Church Hill Tunnel and down the Virginia Peninsula through Williamsburg to reach coal piers located on the harbor Hampton Roads, the East Coast of the United States' largest ice-free port. The Peninsula Subdivision featured gentle grades through coastal plains of the Tidewater region of Virginia, dropping only about 30 feet in elevation, from Richmond (54 feet above sea-level) to Newport News (at 15 feet above sea- level). Collis P. Huntington helped develop the tiny unincorporated community at Newport New Point into a new independent city with the coal and other railroad business and the development of Newport News Shipbuilding and Drydock Company. In 1883-84 the failure of the railroad to repay a loan led to the failure of the finance company Fisk & Hatch and the Newark Savings Institution (which held much of its money with Fisk & Hatch).