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Merchants National Bank (Kittanning, Pennsylvania)
Farmers and Merchants Bank of Western Pennsylvania (F&M Bank) was a local bank in Kittanning, Pennsylvania, United States. It was the result of the merger between the Merchants National Bank of Kittanning and the Farmers National Bank of Kittanning in early 2008. History Farmers and Merchants Bank was the result of the Merchants National Bank of Kittanning and the Farmers National Bank of Kittanning merging in 2008. Merchants National Bank was the surviving company. Merchants National Bank has operated for 110 years and Farmers National Bank has operated for 123 years. At the time of the merger, Farmers National Bank of Kittanning was the only bank in Kittanning operating under its original charter. Until 1920, the Farmers National Bank printed its own money. In 1999, Merchants National Bank started to offer its online banking service (Net Banker) to its customers. Merger with NexTier Bank In October 2014, Farmers and Merchants Bank merged with NexTier Bank. The combined bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking Institution
Financial institutions, sometimes called banking institutions, are business entities that provide services as intermediaries for different types of financial monetary transactions. Broadly speaking, there are three major types of financial institutions: # Depository institutions – deposit-taking institutions that accept and manage deposits and make loans, including banks, building societies, credit unions, trust companies, and mortgage loan companies; # Contractual institutions – insurance companies and pension funds # Investment institutions – investment banks, underwriters, and other different types of financial entities managing investments. Financial institutions can be distinguished broadly into two categories according to ownership structure: * Commercial banks * Cooperative banks Some experts see a trend toward homogenisation of financial institutions, meaning a tendency to invest in similar areas and have similar business strategies. A consequence of this might ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kittanning, Pennsylvania
Kittanning ( pronounced ) is a Borough (Pennsylvania), borough in, and the county seat of, Armstrong County, Pennsylvania, Armstrong County in the U.S. state of Pennsylvania. It is situated northeast of Pittsburgh, along the east bank of the Allegheny River. The name is derived from ''Kithanink'', which means 'on the main river' in Lenape or the Delaware language, from ''kit-'' 'big' + ''hane'' 'mountain river' + -''ink'' (suffix used in place names). "The main river" is a Lenape term for the Allegheny and Ohio River, Ohio combined, which they considered as all one river. The borough and its bridge have been used as a setting for several recent films. History The borough is located on the east bank of the Allegheny River, founded on the site of the eighteenth-century Lenape (Delaware) village of Kittanning (village), Kittanning at the western end of the Kittanning Path, an ancient Native American path. In 1756, the village was destroyed by John Armstrong, Sr. at the Kittanni ... [...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] |
Financial Institution
Financial institutions, sometimes called banking institutions, are business entities that provide services as intermediaries for different types of financial monetary transactions. Broadly speaking, there are three major types of financial institutions: # Depository institutions – deposit-taking institutions that accept and manage deposits and make loans, including banks, building societies, credit unions, trust companies, and mortgage loan companies; # Contractual institutions – insurance companies and pension funds # Investment institutions – investment banks, underwriters, and other different types of financial entities managing investments. Financial institutions can be distinguished broadly into two categories according to ownership structure: * Commercial banks * Cooperative banks Some experts see a trend toward homogenisation of financial institutions, meaning a tendency to invest in similar areas and have similar business strategies. A consequence of this might ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NexTier Bank
NexTier Bank is a U.S.-based financial services corporation. They have 30 branch locations in Allegheny, Butler, Armstrong, Westmoreland, Mercer, Clearfield, and Cumberland counties in western and central Pennsylvania. History Founding as Citizens National Bank 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. In 1940, S.J. Irvine, Jr. succeeded his father as president. In 1959, S.J. Irvine III, began his career as bank president. In 2000, his daughter, Margaret Irvine Weir, became president of the bank, representing the fourth generation of the Irvine family to head the company. ''Pittsburgh Tribune-Review''. |
Banks Established In 1897
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] |
Banks Established In 2008
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] |
Armstrong County, Pennsylvania
Armstrong County is a county in the Commonwealth of Pennsylvania. As of the 2020 census, the population was 65,558. The county seat is Kittanning. The county was organized on March 12, 1800, from parts of Allegheny, Westmoreland and Lycoming Counties. It was named in honor of John Armstrong, who represented Pennsylvania in the Continental Congress and served as a major general during the Revolutionary War. Armstrong County is included in the Pittsburgh, PA Metropolitan Statistical Area. History Little is known of the pre-Columbian history of the area that is today called Armstrong County, but the often cited starting point begins with the civilization known colloquially as the Mound Builders. Many 19th-20th century famers throughout the county have unearthed artifacts from this time period, such as arrowheads. Unfortunately, several of the prominent earthen works characteristic of this culture have been removed for agricultural and settlement purposes. One prominent mou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Pittsburgh
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...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] |
