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Phoenix Bank Of Nansemond
Phoenix Bank of Nansemond is a historic bank building located at Suffolk, Virginia. It was built in 1921, and is a two-story, two bay, rectangular brick building. The bank was founded by a group of African-American entrepreneurs in 1919 and served the black farmers and laborers of Suffolk and surrounding Nansemond County. The bank survived until 1931. an''Accompanying four photos''/ref> It was added to the National Register of Historic Places in 1991. It is located in the Suffolk Historic District Suffolk Historic District is a national historic district located at Suffolk, Virginia. The district encompasses 514 contributing buildings, 3 contributing structures, and 3 contributing objects in Suffolk. The district includes a variety of re .... References African-American history of Virginia Commercial buildings completed in 1921 Bank buildings on the National Register of Historic Places in Virginia Buildings and structures in Suffolk, Virginia National Register of ...
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Suffolk, Virginia
Suffolk is an independent city in the Commonwealth of Virginia, and as such has no county. As of the 2020 census, the population was 94,324. It is the 9th most populous city in Virginia and the largest city in Virginia by boundary land area as well as the 14th largest in the country. Suffolk is located in the Hampton Roads metropolitan area. This also includes the independent cities of Chesapeake, Hampton, Newport News, Norfolk, Portsmouth, and Virginia Beach, and smaller cities, counties, and towns of Hampton Roads. With miles of waterfront property on the Nansemond and James rivers, present-day Suffolk was formed in 1974 after consolidating with Nansemond County and the towns of Holland and Whaleyville. The current mayor (as of 2021) is Mike Duman. History Prior to colonization, the region was inhabited by the indigenous Nansemond people. The settlement of Suffolk was established in 1742 by Virginian colonists as a port town on the Nansemond River. It was originally na ...
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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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African American
African Americans (also referred to as Black Americans and Afro-Americans) are an ethnic group consisting of Americans with partial or total ancestry from sub-Saharan Africa. The term "African American" generally denotes descendants of enslaved Africans who are from the United States. While some Black immigrants or their children may also come to identify as African-American, the majority of first generation immigrants do not, preferring to identify with their nation of origin. African Americans constitute the second largest racial group in the U.S. after White Americans, as well as the third largest ethnic group after Hispanic and Latino Americans. Most African Americans are descendants of enslaved people within the boundaries of the present United States. On average, African Americans are of West/ Central African with some European descent; some also have Native American and other ancestry. According to U.S. Census Bureau data, African immigrants generally do not s ...
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Entrepreneurship
Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones. An entrepreneur is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards.The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures. More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, which is often similar to a small business, or as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit." The people who create these businesses are often referred to as entrepreneurs. While de ...
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Nansemond County, Virginia
Nansemond is an extinct jurisdiction that was located south of the James River in Virginia Colony and in the Commonwealth of Virginia (after statehood) in the United States, from 1646 until 1974. It was known as Nansemond County until 1972. From 1972 to 1974, a period of eighteen months, it was the independent city of Nansemond. It is now part of the independent city of Suffolk. English colonists named it for the Nansemond, a tribe of Native Americans who had long been living along the Nansemond River, a tributary of what the English later named as the James River. They encountered the English colonists after they began arriving in 1607 at Jamestown. Although disrupted by being forced off their land and through armed confrontation with colonists, the Nansemond Indian Nation continues to be based in Virginia and was granted state (1985) and federal recognition (2018). History 17th century Under the Virginia Company of London, in 1619, the area which became Nansemond Count ...
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National Register Of Historic Places
The National Register of Historic Places (NRHP) is the United States federal government's official list of districts, sites, buildings, structures and objects deemed worthy of preservation for their historical significance or "great artistic value". A property listed in the National Register, or located within a National Register Historic District, may qualify for tax incentives derived from the total value of expenses incurred in preserving the property. The passage of the National Historic Preservation Act (NHPA) in 1966 established the National Register and the process for adding properties to it. Of the more than one and a half million properties on the National Register, 95,000 are listed individually. The remainder are contributing resources within historic districts. For most of its history, the National Register has been administered by the National Park Service (NPS), an agency within the U.S. Department of the Interior. Its goals are to help property owners and inte ...
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Suffolk Historic District
Suffolk Historic District is a national historic district located at Suffolk, Virginia. The district encompasses 514 contributing buildings, 3 contributing structures, and 3 contributing objects in Suffolk. The district includes a variety of residential, commercial, governmental, and institutional buildings. They are in a variety of vernacular and popular 19th and 20th century architectural styles including Greek Revival, Queen Anne, and Bungalow. Notable buildings include the Allmond Building (1914), Macedonia A.M.E. Church (c. 1870), National Bank of Suffolk (1914-1920), the Old Post Office (c. 1785), old Nansemond County Courthouse (c. 1837), John Granberry house (c. 1795), Richard Seth Eley House (1878), Jones Building (c. 1925), Suffolk Towers, Virginia Apartments (1918-1920), Causey-Kendrick house (1882), Masonic Hall (1911), Suffolk High School (1922), Jefferson High School (1911), old Methodist Church (1861), St. Paul's Episcopal Church (1895), Suffolk Christian Church ...
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African-American History Of Virginia
African Americans (also referred to as Black Americans and Afro-Americans) are an ethnic group consisting of Americans with partial or total ancestry from sub-Saharan Africa. The term "African American" generally denotes descendants of enslaved Africans who are from the United States. While some Black immigrants or their children may also come to identify as African-American, the majority of first generation immigrants do not, preferring to identify with their nation of origin. African Americans constitute the second largest racial group in the U.S. after White Americans, as well as the third largest ethnic group after Hispanic and Latino Americans. Most African Americans are descendants of enslaved people within the boundaries of the present United States. On average, African Americans are of West/Central African with some European descent; some also have Native American and other ancestry. According to U.S. Census Bureau data, African immigrants generally do not self-iden ...
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Commercial Buildings Completed In 1921
Commercial may refer to: * a dose of advertising conveyed through media (such as - for example - radio or television) ** Radio advertisement ** Television advertisement * (adjective for:) commerce, a system of voluntary exchange of products and services ** (adjective for:) trade Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct excha ..., the trading of something of economic value such as goods, services, information or money * Two functional constituencies in elections for the Legislative Council of Hong Kong: ** Commercial (First) ** Commercial (Second) * ''Commercial'' (album), a 2009 album by Los Amigos Invisibles * Commercial broadcasting * Commercial style or early Chicago school, an American architectural style * Commercial Drive, Vancouver, a road in Vancouver, British Columbia ...
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Bank Buildings On The National Register Of Historic Places In Virginia
A bank is a financial institution that accepts Deposit account, 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 Bank regulation, 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 accounting liquidity, 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 concept ...
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Buildings And Structures In Suffolk, Virginia
A building, or edifice, is an enclosed structure with a roof and walls standing more or less permanently in one place, such as a house or factory (although there's also portable buildings). Buildings come in a variety of sizes, shapes, and functions, and have been adapted throughout history for a wide number of factors, from building materials available, to weather conditions, land prices, ground conditions, specific uses, prestige, and aesthetic reasons. To better understand the term ''building'' compare the list of nonbuilding structures. Buildings serve several societal needs – primarily as shelter from weather, security, living space, privacy, to store belongings, and to comfortably live and work. A building as a shelter represents a physical division of the human habitat (a place of comfort and safety) and the ''outside'' (a place that at times may be harsh and harmful). Ever since the first cave paintings, buildings have also become objects or canvasses of much artis ...
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National Register Of Historic Places In Suffolk, Virginia
__NOTOC__ This is a list of the National Register of Historic Places listings in Suffolk, Virginia. This is intended to be a complete list of the properties and districts on the National Register of Historic Places in the independent city of Suffolk, Virginia, United States. The locations of National Register properties and districts for which the latitude and longitude coordinates are included below, may be seen in an online map. There are 26 properties and districts listed on the National Register in the city. Current listings See also *List of National Historic Landmarks in Virginia *National Register of Historic Places listings in Virginia References {{National Register of Historic Places in Virginia Suffolk Suffolk () is a ceremonial county of England in East Anglia. It borders Norfolk to the north, Cambridgeshire to the west and Essex to the south; the North Sea lies to the east. The county town is Ipswich; other important t ...
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