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Harleysville National
Harleysville National Corporation ( NASDAQ:HNBC) was a Harleysville, Pennsylvania-based regional banking corporation insured by the FDIC. It offered consumer and commercial banking, and wealth management services. The corporation operated its banks under the Harleysville National Bank brand. History It was founded by local entrepreneur Alvin Alderfer on October 28, 1909. In 2004, Harleysville National Corporation completed the acquisition of and merger with Millennium Wealth Management, and in 2006, acquired the Cornerstone Companies. These acquisitions allowed for the company to expand its wealth management services. In 2007, it completed the acquisition of East Penn Bank and Willow Financial Bank. East Penn Bank was a community bank of the Lehigh Valley founded in 1990 and headquartered in Emmaus, Pennsylvania. Harleysville paid $92.7 million or $14.50 a share for East Penn Bank in an all-stock transaction. It kept the East Penn Bank branches branded as East Penn Bank, and th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NASDAQ
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. The exchange platform is owned by Nasdaq, Inc., which also owns the Nasdaq Nordic stock market network and several U.S.-based stock and options exchanges. History 1971–2000 "Nasdaq" was initially an acronym for the National Association of Securities Dealers Automated Quotations. It was founded in 1971 by the National Association of Securities Dealers (NASD), now known as the Financial Industry Regulatory Authority (FINRA). On February 8, 1971, the Nasdaq stock market began operations as the world's first electronic stock market. At first, it was merely a "quotation system" and did not provide a way to perform electronic trade ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harleysville, Pennsylvania
Harleysville is a census-designated place (CDP) in Montgomery County, Pennsylvania, United States. It is a suburb of Philadelphia. The population was 9,286 at the 2010 census. It is located mostly within Lower Salford Township and also in Franconia Township. Harleysville was settled by Pennsylvania Dutch in the 18th century and was named after Samuel Harley. History Harleysville was settled early in Pennsylvania's history, . The Klein Meetinghouse was listed on the National Register of Historic Places in 1973. Pennsylvania Historical and Museum Commission, 1972, NRHP Nomination Form for Klein MeetinghouseEnter "public" for ID and "public" for password to access the site. Geography According to the U.S. Census Bureau, the CDP has a total area of , all land. Pennsylvania Route 63 (Main Street) and Pennsylvania Route 113 (Harleysville Pike) meet in Harleysville and provide access to other routes on the main grid. Interstate 476 is a five-minute drive via PA 63 from Harle ... [...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] |
Lehigh Valley
The Lehigh Valley (), known colloquially as The Valley, is a geographic region formed by the Lehigh River in Lehigh County and Northampton County in eastern Pennsylvania. It is a component valley of the Great Appalachian Valley bound to the north by Blue Mountain, to the south by South Mountain, to the west by Lebanon Valley, and to the east by the Delaware River on Pennsylvania's eastern border with Warren County, New Jersey. The Valley is about long and wide. The Lehigh Valley's largest city is Allentown, the third largest city in Pennsylvania and the county seat of Lehigh County, with a population of 125,845 residents as of the 2020 census. The Allentown-Bethlehem- Easton metropolitan area, which includes the Lehigh Valley, is currently Pennsylvania's third most populous metropolitan area after those of Philadelphia and Pittsburgh, and the nation's 68th largest metropolitan area with a population of 861,889 residents as of 2020. Lehigh County is among Pennsylvania's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Emmaus, Pennsylvania
Emmaus ( ) is a borough (Pennsylvania), borough in Lehigh County, Pennsylvania, Lehigh County, Pennsylvania. As of the 2020 United States census, 2020 U.S. census, it had a population of 11,652. Emmaus is located in the Lehigh Valley, the third largest metropolitan area in Pennsylvania and 68th largest Metropolitan statistical area, metropolitan area in the nation. In 2007 and again in 2009, Emmaus was listed as one of the top 100 "Best Places to Live" in the United States by ''Money (magazine), Money'' magazine. Emmaus is located south of Allentown, Pennsylvania, Allentown, north of Philadelphia, and west of New York City. History 18th century Emmaus was settled in the early 1700s during the Colonial history of the United States, colonial era by Germans, German Protestantism, Protestants of the Lutheranism, Lutheran and Calvinism, Reformed faiths who had fled religious persecution in Europe. Its earliest German settlers were primarily farmers. Three historic Emmaus residential ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Niagara Bank
First Niagara Bank was a Federal Deposit Insurance Corporation-insured regional banking corporation headquartered in Buffalo, New York. Its parent company, First Niagara Financial Group, Inc. was the 44th-largest bank in the United States with assets of over $37.1 billion as of June 30, 2013. Their slogan is "Do Great Things" History It was founded in 1870 as ''Farmers and Mechanics' Savings Bank'' and was then re-branded as ''Lockport Savings Bank'' in 1967. In 2000 the bank was rebranded as First Niagara. The bank was based in its former home county, Niagara until the 1990s when it spread to nearby Buffalo, New York and its surrounding Erie County. Part of this growth could be attributed to the collapse of the Buffalo-centric banks Goldome and Empire of America. Most of this growth was from the recruitment of new customers, as opposed to the purchase of other firms' assets. Although, in 1998 the bank did purchase the regional insurance brokerage firm ''Warren-Hoffman & As ... [...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] |
Banks Based In Philadelphia
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 anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
