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Eastern Bank was established on April 15, 1818, as Salem Savings Bank and became insured by the Federal Deposit Insurance Corporation on October 1, 1983. [5] On October 19, 1989, Eastern Savings Bank's parent company Lynn, Massachusetts-based Eastern Bank Corporation, renamed it Eastern Bank, and reorganized it into a mutual holding company, making it the first of its kind in Massachusetts.
In June 2022, First Merchants Bank was ranked by Forbes as one of America's Best Banks. [9] This is the 5th year in a row First Merchants has received this award. In March 2021, Forbes ranked First Merchants Bank as a top U.S. bank for the 4th consecutive year. [10] First Merchants Bank was ranked #2 on the “America's Best Bank list in ...
Example illustration of a sovereign citizen homemade license plate. The sovereign citizen movement (also SovCit movement or SovCits) [1] is a loose group of anti-government activists, litigants, tax protesters, financial scammers, and conspiracy theorists based mainly in the United States.
Citizens Equity First Credit Union is a federally insured credit union based in Peoria, Illinois, commonly referred to by its registered trademark, CEFCU. CEFCU was founded in 1937 to serve the employees of Caterpillar Tractor Company .
[15] [17] [18] The collapses of First Republic Bank, Silicon Valley Bank and Signature Bank were the second-, third- and fourth-largest bank failures in the history of the United States, respectively, smaller only than the collapse of Washington Mutual during the 2007–2008 financial crisis.
S.J. Irvine, Sr. founded the bank in 1878 under its original name, Citizens National Bank, in the oil boomtown of Evansburg, Pennsylvania (now Evans City, Pennsylvania). The bank received a state charter in 1893 and its national charter in 1907. [2] In 1940, S.J. Irvine, Jr. succeeded his father as president.
In 1791, Congress chartered the First Bank of the United States.The bank, which was jointly owned by the federal government and private stockholders, was a nationwide commercial bank which served as the bank for the federal government and operated as a regular commercial bank acting in competition with state banks.
Citizens National Bank switched from a national to a state-chartered institution in 1890 as Citizens Commercial & Savings Bank. In 1928, the original bank building was demolished and the a new headquarters building, Citizens Bank Building, was built on the site. In 1937, the Bank began its annual Citizens' Holiday Sing. [3]