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Mechanics' And Farmers' Bank Of Albany
The Mechanics' and Farmers' Bank of Albany was a state and national bank that became a subsidiary of the Bank of New York in 1969. History The Mechanics' and Farmers' Bank of Albany was formed on July 29, 1811, as the third bank incorporated in Albany, New York by the 34th New York State Legislature. Its first president was Solomon Southwick, the newspaper publisher and political figure who was a principal organizer of the Anti-Masonic Party. Among its early officers were Gorham A. Worth, who served as cashier (later becoming president of City National Bank). The bank's first charter expired in 1833 and the second charter expired in 1853, upon which the bank closed up its affairs and the stockholders received 115% besides their stock in the new bank, which renewed the charter for twenty years and went into operation again with the same officers. In 1834, president Benjamin Knower, who had been president since 1817, was forced to resign because of "financial embarrassments." He was s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of New York
The Bank of New York Mellon Corporation, commonly known as BNY Mellon, is an American investment banking services holding company headquartered in New York City. BNY Mellon was formed from the merger of The Bank of New York and the Mellon Financial Corporation in 2007. It is the world's largest custodian bank and securities services company, with $2.4 trillion in assets under management and $46.7 trillion in assets under custody as of the second quarter of 2021. It is considered a systemically important bank by the Financial Stability Board. BNY Mellon is incorporated in Delaware. Through its Bank of New York predecessor, it is one of the three oldest banking corporations in the United States and among the oldest banks in the world, having been established in June 1784 by a group that included American Founding Fathers Alexander Hamilton and Aaron Burr. T. Mellon and Sons Bank, was founded in Pittsburgh in 1869 by Thomas Mellon and his sons Richard and Andrew, the latter of wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russell Sturgis
Russell Sturgis (; October 16, 1836 – February 11, 1909) was an American architect and art critic of the 19th and early 20th centuries. He was one of the founders of the Metropolitan Museum of Art in 1870. Sturgis was born in Baltimore County, Maryland. His parents were Russell Sturgis, a New York shipping merchant living temporarily in Baltimore, and Margaret Dawes (Appleton) Sturgis. His paternal grandparents were Thomas Sturgis (1755-1821), who served as a Private in Captain Micah Hamlin's Company, Colonel Simeon Cary's Regiment (1776) and was the younger brother of the merchant Russell Sturgis (1750-1826), and Elizabeth (Jackson) Sturgis (1768-1844)). Sturgis is, therefore, a second cousin to the merchant and banker Russell Sturgis (1805–1887). Educated in the public schools of New York City, Sturgis was graduated from the Free Academy in New York (now the College of the City of New York) in 1856, and later studied architecture under Leopold Eidlitz. For about a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Washington Mutual
Washington Mutual (often abbreviated to WaMu) was the United States' largest savings and loan association until its collapse in 2008. A savings bank holding company is defined in United States Code: Title 12: Banks and Banking; Section 1842: Definitions; Subsection (l): Savings Bank Holding Company See: On Thursday, September 25, 2008, the United States Office of Thrift Supervision (OTS) seized Washington Mutual’s banking operations and placed it into receivership with the Federal Deposit Insurance Corporation (FDIC). The OTS took the action due to the withdrawal of $16.7 billion in deposits during a 9-day bank run (amounting to 9% of the deposits it had held on June 30, 2008). The FDIC sold the banking subsidiaries (minus unsecured debt and equity claims) to JPMorgan Chase for $1.9 billion, which had been considering acquiring WaMu as part of a plan internally nicknamed “Project West.” All WaMu branches were rebranded as Chase branches by the end of 2009. The holding ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dime Savings Bank Of New York
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 1859 to 2002. The bank was formerly headquartered at 9 DeKalb Avenue, built in 1906-08 in Downtown Brooklyn. Dime was acquired by Washington Mutual in 2002, which subsequently failed in 2008 and was acquired by JPMorgan Chase, which currently owns all former Dime assets. History In July 1994, Dime Bancorp announced the pending acquisition of the Hewlett, New York-based Anchor Bancorp with its Anchor Savings Bank, FSB subsidiary for $1.2 billion in stock. The acquisition was completed in January 1995. The merger resulted in a newly combined company with 76 branches in New York, 18 in New Jersey and 5 in Florida. In September 1999, Hudson United Bancorp and Dime Bancorp announced a merger of equals that was worth $2 billion in stock. But before the merger could be implemented, North Fork Bancorporation initiated a hostile takeov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daniel W
Daniel is a masculine given name and a surname of Hebrew origin. It means "God is my judge"Hanks, Hardcastle and Hodges, ''Oxford Dictionary of First Names'', Oxford University Press, 2nd edition, , p. 68. (cf. Gabriel—"God is my strength"), and derives from two early biblical figures, primary among them Daniel from the Book of Daniel. It is a common given name for males, and is also used as a surname. It is also the basis for various derived given names and surnames. Background The name evolved into over 100 different spellings in countries around the world. Nicknames (Dan, Danny) are common in both English and Hebrew; "Dan" may also be a complete given name rather than a nickname. The name "Daniil" (Даниил) is common in Russia. Feminine versions (Danielle, Danièle, Daniela, Daniella, Dani, Danitza) are prevalent as well. It has been particularly well-used in Ireland. The Dutch names "Daan" and "Daniël" are also variations of Daniel. A related surname developed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Isaac Hutton
Isaac Hutton (before July 20, 1766 – 8 Sep 1855) was an American silversmith and engraver, active in Albany, New York. Hutton was born in New York City to George and Anna Viele Hutton, and on July 20, 1766, was baptized into the Dutch Reformed Church. He moved to Albany in the 1780s, where he was probably apprenticed to silversmith John Folsom, with whom he partnered from 1787 to 1790 as FOLSOM & HUTTON. In 1791 he purchased property for his house and shop at 32 Market Street. In 1794 he engraved the Plan of the City of Albany, and in 1798 profiles of members of the House of Assembly. From February 1796 to 1817 he was in partnership with his brother, George Hutton, as I & G HUTTON, and on September 30, 1796, advertised in ''The Albany Gazette'': "Three Silver Smiths, May have constant employ in a very shop, and prompt pay, by application immediately to I. & G. HUTTON, No 32, Market Street." They created the seal for Union College, in Schenectady, New York, for which they were ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
White Plains, New York
(Always Faithful) , image_seal = WhitePlainsSeal.png , seal_link = , subdivision_type = List of sovereign states, Country , subdivision_name = , subdivision_type1 = U.S. state, State , subdivision_name1 = , subdivision_type2 = List of counties in New York, County , subdivision_name2 = Westchester County, New York, Westchester , government_type = mayor-council government, Mayor-Council , leader_title = Mayor , leader_name = Thomas Roach (American politician), Tom Roach (Democratic Party (United States), D) , leader_title1 = city council, Common Council , leader_name1 = , established_title = Settled , established_date = , established_title2 = Incorporated (village) , established_date2 = , established_title3 = Incorporated (city) , established_date3 = , area_magnitude = , area_to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Douglas W
Douglas may refer to: People * Douglas (given name) * Douglas (surname) Animals *Douglas (parrot), macaw that starred as the parrot ''Rosalinda'' in Pippi Longstocking *Douglas the camel, a camel in the Confederate Army in the American Civil War Businesses * Douglas Aircraft Company * Douglas (cosmetics), German cosmetics retail chain in Europe * Douglas (motorcycles), British motorcycle manufacturer Peerage and Baronetage * Duke of Douglas * Earl of Douglas, or any holder of the title * Marquess of Douglas, or any holder of the title * Douglas Baronets Peoples * Clan Douglas, a Scottish kindred * Dougla people, West Indians of both African and East Indian heritage Places Australia * Douglas, Queensland, a suburb of Townsville * Douglas, Queensland (Toowoomba Region), a locality * Port Douglas, North Queensland, Australia * Shire of Douglas, in northern Queensland Belize * Douglas, Belize Canada * Douglas, New Brunswick * Douglas Parish, New Brunswick * Douglas ... [...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] |
Federal Reserve
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System. Congress established three key objectives for monetary policy in the Federal Reserve Act: maximizing employment, stabilizing prices, and moderating long-term interest rates. The first two objectives are sometimes referred to as the Federal Reserve's dual mandate. Its duties have expanded over the years, and currently also include supervising and regulating banks, maintaining the stabili ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Olcott
The name Robert is an ancient Germanic given name, from Proto-Germanic "fame" and "bright" (''Hrōþiberhtaz''). Compare Old Dutch ''Robrecht'' and Old High German ''Hrodebert'' (a compound of '' Hruod'' ( non, Hróðr) "fame, glory, honour, praise, renown" and ''berht'' "bright, light, shining"). It is the second most frequently used given name of ancient Germanic origin. It is also in use as a surname. Another commonly used form of the name is Rupert. After becoming widely used in Continental Europe it entered England in its Old French form ''Robert'', where an Old English cognate form (''Hrēodbēorht'', ''Hrodberht'', ''Hrēodbēorð'', ''Hrœdbœrð'', ''Hrœdberð'', ''Hrōðberχtŕ'') had existed before the Norman Conquest. The feminine version is Roberta. The Italian, Portuguese, and Spanish form is Roberto. Robert is also a common name in many Germanic languages, including English, German, Dutch, Norwegian, Swedish, Scots, Danish, and Icelandic. It can be use ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dudley Olcott
Dudley Olcott (September 21, 1838 – December 28, 1919) was an American banker who served as President of the Mechanics' and Farmers' Bank of Albany. Early life Olcott was born on February 23, 1841, in Albany, New York. He was the eleventh and last child of Thomas Worth Olcott (1795–1880) and Caroline Dwight ( Pepoon) Olcott (1797–1867). His father served as President of the Mechanics' and Farmers' and the Mechanics' and Farmers' Savings Bank of Albany. Among his siblings was brother Frederic P. Olcott, the 24th New York State Comptroller. He was educated at The Albany Academy, before attending the Rensselaer Polytechnic Institute, where he studied civil engineering. Career After graduating from the Rensselaer Polytechnic Institute in 1858, he became an accountant in the Mechanics' and Farmers' Bank of Albany, of which his father had been president since 1836. The younger Olcott became assistant cashier, followed by cashier for thirteen years until he was chosen as vice pre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
