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Bank Of Bird-in-Hand
Bank of Bird-in-Hand is an American bank, the first in the United States to open following the passage of the Dodd Frank Act in 2010. It was founded in Pennsylvania by a group of local Amish and non-Amish investors. History On November 27, 2013, the Federal Deposit Insurance Corporation approved the launch of Bank of Bird-in-Hand. At the time of opening, the Bank had $17 million in capital. The Bank celebrated its first anniversary on December 2, 2014. Lori Maley replaced Alan Dakey as CEO of the bank on March 1, 2017. Assets On June 30, 2020, the bank reported total assets of $527.5 million, total deposits of $453.2 million, total net loans of $425.0 million, and total shareholders’ equity of $57.8 million. Location and clientele The Bank is located in Bird-in-Hand, Pennsylvania, in Pennsylvania Dutch Country, Pennsylvanian Amish Country. The Bank caters mostly to Amish borrowers, however not exclusively. Building The Bank includes a drive-through window designed to acc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dodd Frank Act
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Dodd may refer to: Places * Dodd (Buttermere), a fell near Red Pike in England * Dodd (Lake District), a fell in Cumbria, England * Dodd, Indiana, a community in the United States People * Dodd (surname), people with the surname ''Dodd'' Other uses *Dodd (hill), a British hill categorisation *Dodd, Mead and Company, publishing company * Dodd Hall, a building at Florida State University * Dodd-Frank Street Reform and Consumer Protection Act (Pub.L. 111–203, H.R. 4173), commonly referred to as "Dodd–Frank", a U.S. federal government law passed as a response to the Great Recession See also * DOD (other) * Dodds (other) * Doddy (other) Doddy may refer to: *Doddy Édouard (born 1981), Mauritian footballer *Doddy Gray (1880–1961), New Zealand rugby union player *''Doddy!'', television show by English comedian Ken Dodd See also * *Dod (nickname) Dod or Doddie is a Scottish nickna ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pennsylvania
Pennsylvania (; ( Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, Maryland to its south, West Virginia to its southwest, Ohio to its west, Lake Erie and the Canadian province of Ontario to its northwest, New York to its north, and the Delaware River and New Jersey to its east. Pennsylvania is the fifth-most populous state in the nation with over 13 million residents as of 2020. It is the 33rd-largest state by area and ranks ninth among all states in population density. The southeastern Delaware Valley metropolitan area comprises and surrounds Philadelphia, the state's largest and nation's sixth most populous city. Another 2.37 million reside in Greater Pittsburgh in the southwest, centered around Pittsburgh, the state's second-largest and Western Pennsylvania's largest city. The state's su ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amish
The Amish (; pdc, Amisch; german: link=no, Amische), formally the Old Order Amish, are a group of traditionalist Anabaptist Christian church fellowships with Swiss German and Alsatian origins. They are closely related to Mennonite churches, another Anabaptist denomination. The Amish are known for simple living, plain dress, Christian pacifism, and slowness to adopt many conveniences of modern technology, with a view neither to interrupt family time, nor replace face-to-face conversations whenever possible, and a view to maintain self-sufficiency. The Amish value rural life, manual labor, humility and '' Gelassenheit'' (submission to God's will). The history of the Amish church began with a schism in Switzerland within a group of Swiss and Alsatian Mennonite Anabaptists in 1693 led by Jakob Ammann. Those who followed Ammann became known as Amish. In the second half of the 19th century, the Amish divided into Old Order Amish and Amish Mennonites; the latter do not abstain fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is one of two agencies that supply deposit insurance to depositors in American depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions. The FDIC is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the American banking system. More than one-third of banks failed in the years before the FDIC's creation, and bank runs were common. The insurance limit was initially US$2,500 per ownership category, and this was increased several times over the years. Since the enactment of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010, the FDIC insures deposits in member banks up to $250,000 per ownership category. FDIC insurance is backed by the full faith and credit of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bird-in-Hand, Pennsylvania
Bird-in-Hand is an unincorporated community and census-designated place (CDP) in Lancaster County, Pennsylvania, United States, in East Lampeter Township. The "Bird in Hand" ZIP code extends east from the CDP into Leacock and Upper Leacock townships. The community has a large Amish and Mennonite population. As of the 2010 census, the population within the CDP was 402. History The area's first inhabitants were Native American Shawnee and Susquehannock people.''Bird-in-Hand History'' at amishnews.com The earliest European settlers of what was to become Bird-in-Hand were Quakers and Swiss Mennonites. James Smith was the first of the Quakers known to have settled in the area, arriving by the year 1715. William and Dorothy McNabb were pioneer landowners and the owners of the original Bird-in-Hand Hotel. The Quakers built a meetinghouse and two-story academy, which stands today, next to the present day Bird-in-Hand fire company. The community was founded in 1734. The legend o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pennsylvania Dutch Country
The Pennsylvania Dutch Country (Pennsylvania Dutch: ''Deitscherei'' Dutchery', also called Pennsylvania Dutchland (Pennsylvania Dutch: ''Pennsylvania Deitschland'', german: Pennsylvania Deutschland), or simply the Dutch Country or Dutchland (Pennsylvania Dutch: ''Deitschland''), also sometimes referred to as the Distelfink Country, is an area spanning Southeastern, South Central Pennsylvania, and Northeastern Pennsylvania. By the American Revolution in the 18th century, the region had a high percentage of Pennsylvania Dutch inhabitants. Religiously, there was a large portion of Lutherans. There were also German Reformed, Moravian, Amish, Mennonite, Schwarzenau Brethren, and other German Christian sections. Catholics settled around early Jesuit missions in Conewago (near Hanover) and Goshenhoppen (now known as Bally). The term was used in the middle of the 20th century as a description of a region with a distinctive Pennsylvania Dutch culture, but in recent decades the compositio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Horse And Buggy
] A horse and buggy (in American English) or horse and carriage (in British English and American English) refers to a light, simple, two-person carriage of the late 18th, 19th and early 20th centuries, drawn usually by one or sometimes by two horses. Also called a roadster or a trap, it was made with two wheels in England and the United States (also made with four wheels). It had a folding or falling top. History A Concorde buggy, first made in Concord, New Hampshire, had a body with low sides and side-spring suspension. A buggy having two seats was called a double buggy. A buggy called a stanhope typically had a high seat and closed back. The bodies of buggies were sometimes suspended on a pair of longitudinal elastic wooden bars called ''sidebars''. A buggy whip had a small, usually tasseled tip called a ''snapper''. In countries such as the United States, the United Kingdom, and Canada, it was a primary mode of short-distance personal transportation, especially between 181 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 2013
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Based In Pennsylvania
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
