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National Grand Bank
National Grand Bank of Marblehead is a bank headquartered in Marblehead, Massachusetts. It was named in honor of the brave "men o’ Marblehead" and their dangerous fishing voyages. History The bank was founded on March 17, 1831 as the Grand Bank, a state bank serving mariners and merchants. On October 3, 1864, the bank voted to surrender the state charter and begin operating as a national bank. December 31, 1864, it received a federal bank charter and was renamed National Grand Bank of Marblehead, commencing national operations on February 1, 1865. In 2002, the bank opened a student-operated branch in Marblehead High School Marblehead High School is a public high school located in Marblehead, Massachusetts. History The school has approximately 970 students. The current campus began construction in 2001, and opened for the 2002–2003 school year. In 2002, Natio .... References {{Reflist, 1 Banks based in Massachusetts American companies established in 1831 1831 esta ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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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 ...
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President (corporate Title)
A president is a leader of an organization, company, community, club, trade union, university or other group. The relationship between a president and a chief executive officer varies, depending on the structure of the specific organization. In a similar vein to a chief operating officer, the title of corporate president as a separate position (as opposed to being combined with a "C-suite" designation, such as "president and chief executive officer" or "president and chief operating officer") is also loosely defined; the president is usually the legally recognized highest rank of corporate officer, ranking above the various vice presidents (including senior vice president and executive vice president), but on its own generally considered subordinate, in practice, to the CEO. The powers of a president vary widely across organizations and such powers come from specific authorization in the bylaws like ''Robert's Rules of Order'' (e.g. the president can make an "executive decision" on ...
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Marblehead, Massachusetts
Marblehead is a coastal New England town in Essex County, Massachusetts, along the North Shore (Massachusetts), North Shore. Its population was 20,441 at the 2020 United States Census, 2020 census. The town lies on a small peninsula that extends into the northern part of Massachusetts Bay. Attached to the town is a near island, known as Marblehead Neck, connected to the mainland by a narrow isthmus. Marblehead Harbor, protected by shallow shoals and rocks from the open sea, lies between the mainland and the Neck. Beside the Marblehead town center, two other villages lie within the town: the Old Town, which was the original town center, and Clifton, which lies along the border with the neighboring town of Swampscott, Massachusetts, Swampscott. A town with roots in commercial fishing and yachting, Marblehead was a major shipyard and is often referred to as the birthplace of the United States Navy, American Navy, a title sometimes disputed with nearby Beverly, Massachusetts, Beve ...
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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 ...
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Office Of The Comptroller Of The Currency
The Office of the Comptroller of the Currency (OCC) is an independent bureau within the United States Department of the Treasury that was established by the National Currency Act of 1863 and serves to charter, regulate, and supervise all national banks and thrift institutions and the federally licensed branches and agencies of foreign banks in the United States. The acting Comptroller of the Currency is Michael J. Hsu, who took office on May 10, 2021. Duties and functions Headquartered in Washington, D.C., it has four district offices located in New York City, Chicago, Dallas and Denver. It has an additional 92 operating locations throughout the United States. It is an independent bureau of the United States Department of the Treasury and is headed by the Comptroller of the Currency, appointed to a five-year term by the President with the consent of the Senate. The OCC pursues a number of main objectives: * to ensure the safety and soundness of the national banking system; * ...
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Marblehead High School
Marblehead High School is a public high school located in Marblehead, Massachusetts. History The school has approximately 970 students. The current campus began construction in 2001, and opened for the 2002–2003 school year. In 2002, National Grand Bank opened a student-operated bank branch in the school. Academics The school currently employs approximately 70 teachers among five core subjects ( Mathematics, English language, Social Studies, and the Science Science is a systematic endeavor that Scientific method, builds and organizes knowledge in the form of Testability, testable explanations and predictions about the universe. Science may be as old as the human species, and some of the earli ...s), foreign languages (Spanish language, French language, and Latin), as well as special education staff and tutors. Athletics Currently, Marblehead High School has over thirty sports teams for fall, winter, and spring sports. The school mascot for most sports is the Mag ...
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Banks Based In Massachusetts
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 ...
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American Companies Established In 1831
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * Ba ...
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1831 Establishments In Massachusetts
Events January–March * January 1 – William Lloyd Garrison begins publishing '' The Liberator'', an anti-slavery newspaper, in Boston, Massachusetts. * January 10 – Japanese department store, Takashimaya in Kyoto established. * February–March – Revolts in Modena, Parma and the Papal States are put down by Austrian troops. * February 2 – Pope Gregory XVI succeeds Pope Pius VIII, as the 254th pope. * February 5 – Dutch naval lieutenant Jan van Speyk blows up his own gunboat in Antwerp rather than strike his colours on the demand of supporters of the Belgian Revolution. * February 7 – The Belgian Constitution of 1831 is approved by the National Congress. *February 8 - Aimé Bonpland leaves Paraguay. * February 14 – Battle of Debre Abbay: Ras Marye of Yejju marches into Tigray, and defeats and kills the warlord Sabagadis. * February 25 – Battle of Olszynka Grochowska (Grochów): Polish rebel forces divide a Russi ...
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