Global Information Lookup Global Information

Mutual savings bank information


A mutual savings bank is a financial institution chartered by a central or regional government, without capital stock, owned by its members who subscribe to a common fund. From this fund, claims, loans, etc., are paid. Profits after deductions are shared among the members. The institution is intended to provide a safe place for individual members to save and to invest those savings in mortgages, loans, stocks, bonds and other securities and to share in any profits or losses that result.

and 28 Related for: Mutual savings bank information

Request time (Page generated in 0.8176 seconds.)

Mutual savings bank

Last Update:

A mutual savings bank is a financial institution chartered by a central or regional government, without capital stock, owned by its members who subscribe...

Word Count : 644

Washington Mutual

Last Update:

Washington Mutual, Inc. (often abbreviated to WaMu) was an American savings bank holding company based in Seattle. It was the parent company of WaMu Bank, which...

Word Count : 18713

Savings bank

Last Update:

A savings bank is a financial institution that is not run on a profit-maximizing basis, and whose original or primary purpose is collecting deposits on...

Word Count : 3457

Savings and loan association

Last Update:

include building societies and trustee savings banks. They are often mutually held (often called mutual savings banks), meaning that the depositors and borrowers...

Word Count : 2699

Dollar Bank

Last Update:

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"...

Word Count : 3167

Apple Bank

Last Update:

was founded in 1863 as the Haarlem Savings Bank by a group of local merchants as a community-based mutual savings bank. Harlem at the time was a suburban...

Word Count : 1355

Ridgewood Savings Bank

Last Update:

Ridgewood Savings Bank is the largest mutual savings bank in New York State and was founded in 1921. It operates 36 branches across New York City's five...

Word Count : 360

Mutual Savings Bank Building

Last Update:

The Mutual Savings Bank Building, is a building located at 700 Market Street at the corner of Kearny, Market, and Geary Streets in the Financial District...

Word Count : 699

Northwest Bank

Last Update:

The bank was founded in 1896 in Bradford, Pennsylvania. At the time, the bank was known as Northwest Mutual Savings Association. In 1974, the bank moved...

Word Count : 664

Cooperative banking

Last Update:

by credit unions, mutual savings banks, building societies and cooperatives, as well as commercial banking services provided by mutual organizations (such...

Word Count : 2803

History of banking

Last Update:

first outside the English Midlands was established in Leeds in 1785. Mutual savings banks also emerged at that time, as financial institutions chartered by...

Word Count : 15941

Mutual organization

Last Update:

Building Society – New Zealand Mutual banks and mutual savings banks Greater Bank – Australia SBS Bank – New Zealand Mutual healthcare providers Benenden...

Word Count : 1061

Dime Savings Bank of New York

Last Update:

The Dime Savings Bank of New York, originally the Dime Savings Bank of Brooklyn, was a bank headquartered in Brooklyn, New York City. It operated from...

Word Count : 911

Mutual bank

Last Update:

A mutual bank is a cooperative financial institution owned by its depositors or customers. They include mutual organization, mutual savings banks and...

Word Count : 106

Eastern Bank

Last Update:

Eastern Savings Bank's parent company Lynn, Massachusetts-based Eastern Bank Corporation, renamed it Eastern Bank, and reorganized it into a mutual holding...

Word Count : 1094

Old Stone Bank

Last Update:

Old Stone Bank was a popular Rhode Island banking institution that was founded in Providence in 1819 as a mutual savings bank that was called Providence...

Word Count : 1592

Liberty Bank

Last Update:

Liberty Bank is the oldest mutual savings bank in the United States, as well as the third largest bank in Connecticut. Liberty Bank is headquartered in...

Word Count : 479

List of banks in South Korea

Last Update:

use the name "bank" except (according to the 2010 Mutual Savings Banks Act) the Mutual Savings Bank. Korea Federation of Community Credit Cooperatives...

Word Count : 599

Ulster Savings Bank

Last Update:

Ulster Savings Bank is a mutual savings bank headquartered in Kingston, New York. The bank has 15 branches, all of which are in Ulster County, Orange...

Word Count : 644

Union Savings Bank

Last Update:

The mutual savings bank was founded as the Union Savings Bank of Danbury by a group of Danbury citizens including James S. Taylor, the bank’s first...

Word Count : 658

Savings and loan crisis

Last Update:

it easier to buy a home, but also taught the habits of systematic savings and mutual cooperation which strengthened personal morals. The thrift associations...

Word Count : 6911

American Savings Bank

Last Update:

American Savings Bank dates back to September 7, 1922, when four men filed articles of incorporation in the state of Utah for mutual savings and loans...

Word Count : 405

Washington Federal

Last Update:

Portland and Eugene, Oregon, 1991 First Federal Savings Bank, Salt Lake City, 1993 West Coast Mutual Savings Bank, Centralia, Washington, 1996 Metropolitan...

Word Count : 641

NexBank

Last Update:

The bank was founded in 1922 as Terrell Federal Savings and Loan Association, a community bank located in Terrell, Texas, and became a mutual savings bank...

Word Count : 233

Bank

Last Update:

their immediate families. Postal savings banks: savings banks associated with national postal systems. Private banks: banks that manage the assets of high-net-worth...

Word Count : 7627

Kings County Savings Bank

Last Update:

chartered Kings County Savings Bank December 31, 1968 – merge with State Union Square Savings Bank, name changed to United Mutual Savings Bank September 24, 1982...

Word Count : 827

Bendigo and Adelaide Bank

Last Update:

banking product in Australia. In 1999 the bank formed an alliance involving mutual shareholding with IOOF. The bank received its operating licence in 2000...

Word Count : 1385

Dime Community Bank

Last Update:

Dime Community Bank first opened in Brooklyn on June 1, 1864. Founded by William Grandy, Dime was established as a mutual savings bank serving the growing...

Word Count : 702

PDF Search Engine © AllGlobal.net