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Old National Bancorp
Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago, Illinois and Evansville, Indiana. With assets at $23.0 billion and 162 banking centers, Old National Bancorp is the largest financial services bank holding company headquartered in Indiana and one of the top 100 banking companies in the U.S. Its primary banking footprint is in Illinois, Indiana, Kentucky, Michigan, Minnesota, and Wisconsin. History The bank was founded in 1834 as the city's first bank. It has operated under several names, including Evansville National Bank and Old State National Bank. In 1922, it was officially named Old National Bank. The bank holding company Old National Bancorp was formed in 1983 as a multi-bank holding company and now operates in Indiana, Michigan, Wisconsin, Minnesota, Kentucky and Illinois. In November 1995, Old National acquired the Greencastle-based First United Savings Bank for $18 million in st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Old National Bank
Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago, Illinois and Evansville, Indiana. With assets at $23.0 billion and 162 banking centers, Old National Bancorp is the largest financial services bank holding company headquartered in Indiana and one of the top 100 banking companies in the U.S. Its primary banking footprint is in Illinois, Indiana, Kentucky, Michigan, Minnesota, and Wisconsin. History The bank was founded in 1834 as the city's first bank. It has operated under several names, including Evansville National Bank and Old State National Bank. In 1922, it was officially named Old National Bank. The bank holding company Old National Bancorp was formed in 1983 as a multi-bank holding company and now operates in Indiana, Michigan, Wisconsin, Minnesota, Kentucky and Illinois. In November 1995, Old National acquired the Greencastle-based First United Savings Bank for $18 million in stock. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fort Wayne, Indiana
Fort Wayne is a city in and the county seat of Allen County, Indiana, United States. Located in northeastern Indiana, the city is west of the Ohio border and south of the Michigan border. The city's population was 263,886 as of the 2020 Census, making it the List of cities in Indiana, second-most populous city in Indiana after Indianapolis, and the 76th-most populous city in the United States. It is the principal city of the Fort Wayne metropolitan area, consisting of Allen and Whitley County, Indiana, Whitley counties which had an estimated population of 423,038 as of 2021. Fort Wayne is the cultural and economic center of northeastern Indiana. In addition to the two core counties, the combined statistical area (CSA) includes Adams County, Indiana, Adams, DeKalb County, Indiana, DeKalb, Huntington County, Indiana, Huntington, Noble County, Indiana, Noble, Steuben County, Indiana, Steuben, and Wells County, Indiana, Wells counties, with an estimated population of 649,105 in 202 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of America
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank was founded in San Francisco. It is the second-largest banking institution in the United States, after JPMorgan Chase, and the second largest bank in the world by market capitalization. Bank of America is one of the Big Four banking institutions of the United States. It serves approximately 10.73% of all American bank deposits, in direct competition with JPMorgan Chase, Citigroup, and Wells Fargo. Its primary financial services revolve around commercial banking, wealth management, and investment banking. One branch of its history stretches back to the U.S.-based Bank of Italy, founded by Amadeo Pietro Giannini in 1904, which provided various banking options to Italian immigrants who faced service discrimination. Originally headquartered ... [...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] |
Integra Bank
Integra Bank Corporation was the parent of Integra Bank National Association, a retail bank headquartered in Evansville, Indiana that failed on July 29, 2011. As of March 31, 2010, Integra Bank had $2.9 billion in total assets and operated 67 banking centers and 116 ATMs at locations in Illinois, Indiana, Kentucky, and Ohio. The Second Renaissance Revival building was constructed in 1913, and originally housed the National City Bank. ''Note:'' This includes , , and Accompanying photographs The company's stock was traded on NASDAQ until it was delisted on May 2, 2011. On Friday, July 29, 2011, Integra Bank National Association (N.A.), Evansville, was closed by the Comptroller of the Currency. Subsequently, the Federal Deposit Insurance Corporation (FDIC) was named receiver. All deposit accounts, excluding certain brokered deposits, were transferred to Old National Bank. The company then filed for bankruptcy. A post-mortem audit by the Department of the Treasury found that the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bloomington, Indiana
Bloomington is a city in and the county seat of Monroe County, Indiana, Monroe County in the central region of the U.S. state of Indiana. It is the List of municipalities in Indiana, seventh-largest city in Indiana and the fourth-largest outside the Indianapolis metropolitan area. According to the Monroe County History Center, Bloomington is known as the "Gateway to Scenic Southern Indiana". The city was established in 1818 by a group of settlers from Kentucky, Tennessee, the Carolinas, and Virginia who were so impressed with "a haven of blooms" that they called it Bloomington. The population was 79,168 at the 2020 United States census, 2020 census. Bloomington is the home to Indiana University Bloomington, the flagship campus of the Indiana University, IU System. Established in 1820, IU Bloomington has 45,328 students, as of September 2021, and is the original and largest campus of Indiana University. Most of the campus buildings are built of Indiana limestone. Bloomington has ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charter One
Citizens Financial Group, Inc. is an American bank headquartered in Providence, Rhode Island, which operates in the states of Connecticut, Delaware, Florida, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Vermont, Virginia, and Washington, DC. Between 1988 and its 2014 initial public offering, Citizens was a wholly owned subsidiary of The Royal Bank of Scotland Group. The group sold its last 20.9% stake in the company in October 2015. Citizens operates 1,003 branches and 4 wealth centers as of June 22, 2022 and over 3,100 ATMs across 11 states under the Citizens Bank brand. Citizens ranks 17th on the List of largest banks in the United States as of the last day of Q1 2022. History Early history Citizens was established in 1828 as the High Street Bank in Providence, Rhode Island. In 1871, the Rhode Island legislature gave a second charter to establish the Citizens Savings Bank which eventually acquired its parent group to form Ci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Troubled Asset Relief Program
The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase toxic assets and equity from financial institutions to strengthen its financial sector that was passed by Congress and signed into law by President George Bush. It was a component of the government's measures in 2009 to address the subprime mortgage crisis. The TARP originally authorized expenditures of $700 billion. The Emergency Economic Stabilization Act of 2008 created the TARP. The Dodd–Frank Wall Street Reform and Consumer Protection Act, signed into law in 2010, reduced the amount authorized to $475 billion. By October 11, 2012, the Congressional Budget Office (CBO) stated that total disbursements would be $431 billion, and estimated the total cost, including grants for mortgage programs that have not yet been made, would be $24 billion. On December 19, 2014, the U.S. Treasury sold its remaining holdings of Ally Financial, essentially ending the program. Purpose TARP allowed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Treasury
The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. The department oversees the Bureau of Engraving and Printing and the U.S. Mint. These two agencies are responsible for printing all paper currency and coins, while the treasury executes its circulation in the domestic fiscal system. The USDT collects all federal taxes through the Internal Revenue Service; manages U.S. government debt instruments; licenses and supervises banks and thrift institutions; and advises the legislative and executive branches on matters of fiscal policy. The department is administered by the secretary of the treasury, who is a member of the Cabinet. The treasurer of the United States has limited statutory duties, but advises the Secretary on various matters such as coinage and currency production. Signatures of both officials appear on all Federal Reserve notes. The departm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bloomington Herald-Times
''The Herald-Times'' is a daily newspaper serving Bloomington, Indiana and surrounding areas. The newspaper won the Blue Ribbon Daily award in 1975, 1984 2007, and 2014, naming it the best daily newspaper in the state of Indiana in those years. The newspaper is currently owned by newspaper conglomerate Gannett. History The newspaper is the current incarnation of a business started in 1877, the Bloomington Telephone, named for the new invention. In 1943, the Telephone merged with the Evening World to become the Bloomington World-Telephone. Another paper, the Bloomington Daily Herald, was started in 1947 and three years later those papers merged into the Daily Herald-Telephone. In 1966, the Schurz family, via their company Schurz Communications, acquired the newspaper from Dagmar Riley. Scott C. Schurz served as its publisher and chief editor from 1966 to 2002. The word Daily was dropped in 1977 and the name changed to the Herald-Times in 1989 while the newspaper switched from an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Evansville Courier & Press
The ''Evansville Courier & Press'' is a daily newspaper based in Evansville, Indiana. It serves about 30,000 daily and 50,000 Sunday readers. History The ''Evansville Courier'' was founded in 1845 by William Newton, a young attorney. Its first issue was printed two years before the city had a charter. The ''Evansville Press'' was founded in 1906 by Edward W. Scripps as an afternoon daily. Both papers were separate and fierce competitors until 1937, when the ''Evansville Press'' was flooded and the ''Evansville Courier'' agreed to print their competitor's paper. In 1938, the two papers formed a joint operating agreement to handle business affairs. The two papers retained separate staffs and editorial policies, but published a joint Sunday edition with two editorial pages from the two papers. The E. W. Scripps Company sold the ''Press'' and bought the ''Courier'' in 1986. The joint Sunday edition was replaced by a Sunday edition of the ''Courier.'' The two newspapers contin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
