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Seafirst
Seafirst Corporation was an American bank holding company based in Seattle, Washington. Its banking subsidiary, Seafirst Bank, was the largest bank in Washington, with 235 branches and 497 ATMs across the state. Formed in 1929 via the merger of Seattle's three largest banks, Seafirst was acquired in 1983 by BankAmerica after posting huge losses from loans it purchased from the failed Penn Square Bank; the Seafirst brand was retired in 1999 after NationsBank acquired BankAmerica the previous year and subsequently implemented the Bank of America brand nationwide. History Seafirst Corporation was formed on November 11, 1929, from the merger of Seattle's three largest banks, the First National Bank Group (founded 1882), the Dexter Horton National Bank (founded 1870 by Dexter Horton), and Seattle National Bank (founded 1889), the bank was originally named First Seattle Dexter Horton National Bank. In 1931, the bank changed its name to First National Bank of Seattle, and again in ...
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Columbia Seafirst Center
The Columbia Center, formerly named the Bank of America Tower and Columbia Seafirst Center, is a skyscraper in downtown Seattle, Washington, United States. The 76-story structure is the tallest building in Seattle and the state of Washington, reaching a height of . At the time of its completion, the Columbia Center was the tallest structure on the West Coast; , it is the fourth-tallest, behind buildings in Los Angeles and San Francisco. The Columbia Center, developed by Martin Selig and designed by Chester L. Lindsey Architects, began construction in 1982 and was completed in 1985. The building is primarily leased for class-A office spaces by various companies, with the lower floors including retail space and the upper floors featuring a public observatory and private club lounge. The tower has the highest public viewing area west of the Mississippi River. It occupies most of the block bounded by Fourth and Fifth Avenues and Cherry and Columbia Streets. Design Columbia Cen ...
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Seafirst Building
Safeco Plaza (formerly known as 1001 Fourth Avenue Plaza, the Seafirst Building, and the Seattle-First National Bank Building) is a 50-story skyscraper in Downtown Seattle, Washington, United States. Designed by the Naramore, Bain, Brady, and Johanson (NBBJ) firm, it was completed in 1969 by the Howard S. Wright Construction Company for Seattle First National Bank (later known as Seafirst Bank), which relocated from its previous headquarters at the nearby Dexter Horton Building. Standing at a height of , Safeco Plaza was the tallest building (and structure) in Seattle upon completion. It dwarfed Smith Tower, which had been the tallest building since 1914, and edged out the Space Needle, the tallest structure since 1962, by ; the latter led locals to refer to the building as "The Box the Space Needle Came In". The building was surpassed by the Columbia Center in 1984; as of 2022, it is the seventh-tallest building in Seattle. The building served as the headquarters of Seafirs ...
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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 ...
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BankAmerica
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 ...
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BankAmerica Corp
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 hea ...
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Penn Square Bank
Penn Square Bank was a small commercial bank located in Oklahoma City, Oklahoma. The bank made a large number of poorly underwritten energy-related loans that it sold to other banks. Losses on these loans led to significant financial problems in these banks. Penn Square Bank declared bankruptcy in July 1982. History The bank was founded in 1960 and was located in the rear of the Penn Square Mall in Oklahoma City. The bank made its name in high-risk energy loans during the late 1970s and early 1980s Oklahoma and Texas oil boom. Between 1974 and 1982, the bank's assets increased more than 15 times to $525 million and its deposits swelled from $29 million to more than $450 million. As a result primarily of irresponsible lending practices in connection with the sale of over $1 billion in "loan participations" to other banks throughout America, Penn Square Bank failed in July 1982. Unlike most previous bank failures since the Federal Deposit Insurance Corporation (FDIC) was formed, the ...
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Seattle Post-Intelligencer
The ''Seattle Post-Intelligencer'' (popularly known as the ''Seattle P-I'', the ''Post-Intelligencer'', or simply the ''P-I'') is an online newspaper and former print newspaper based in Seattle, Washington, United States. The newspaper was founded in 1863 as the weekly ''Seattle Gazette'', and was later published daily in broadsheet format. It was long one of the city's two daily newspapers, along with ''The Seattle Times'', until it became an online-only publication on March 18, 2009. History J.R. Watson founded the ''Seattle Gazette'', Seattle's first newspaper, on December 10, 1863. The paper failed after a few years and was renamed the ''Weekly Intelligencer'' in 1867 by new owner Sam Maxwell. In 1878, after publishing the ''Intelligencer'' as a morning daily, printer Thaddeus Hanford bought the ''Daily Intelligencer'' for $8,000. Hanford also acquired Beriah Brown's daily ''Puget Sound Dispatch'' and the weekly ''Pacific Tribune'' and folded both papers into the ''Inte ...
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Bank Of America Legacy Banks
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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University Of Washington Libraries
The University of Washington Libraries (UW Libraries) is the academic library system of the University of Washington. The Libraries serves the Seattle, Tacoma, and Bothell campuses of the University of Washington and the university's Friday Harbor Laboratories. The library system is the largest collection in the Pacific Northwest, closely followed by the University of British Columbia Library, and is among the largest academic research libraries in North America. UW Libraries won the 2004 ACRLExcellence in Academic Libraries Award. The University of Washington Libraries have a collection of more than 9 million books, journals, millions of microforms, thousands of maps, rare books, film, audio and video recordings. The Libraries' website provides the connection to a wide range of print and electronic resources available in the Libraries and on the World Wide Web. The UW Libraries special collections holds over three-thousand audio recordings of Pacific Northwest indigeno ...
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Puget Sound Business Journal
The ''Puget Sound Business Journal'' (PSBJ) is a weekly American City Business Journals publication containing articles about business people, issues, and events in the greater Seattle, Washington area. The publication also publishes a technology news website named TechFlash. In 2010, the newspaper was a finalist for a Pulitzer Prize in Explanatory Reporting for a series of stories about the foreclosure crises and the federal shutdown of Seattle-based Washington Mutual, which remains the biggest bank failure in U.S. history. The stories were reported by staff writers Kirsten Grind and Jeanne Lang Jones, and edited by Managing Editor Alwyn Scott. Congressman Dave Reichert later honored the PSBJ alongside Pulitzer winners ''The Seattle Times ''The Seattle Times'' is a daily newspaper serving Seattle, Washington, United States. It was founded in 1891 and has been owned by the Blethen family since 1896. ''The Seattle Times'' has the largest circulation of any newspaper in Washingto ...
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NationsBank Corp
NationsBank was one of the largest banking corporations in the United States, based in Charlotte, North Carolina. The company named NationsBank was formed through the merger of several other banks in 1991, and prior to that had been through multiple iterations. Its oldest predecessor companies had been Commercial National Bank (CNB), formed in 1874, and American Trust Company founded in 1909. In 1998, NationsBank acquired BankAmerica, and modified that better-known name to become Bank of America. History Background and founding NationsBank traced its roots to two banks in Charlotte. Commercial National Bank (CNB), the earliest forerunner of NationsBank, was formed in 1874. American Trust Company was founded a few blocks down Tryon Street in 1909. In 1957, American Trust merged with Commercial National to form American Commercial Bank. American Trust was the nominal survivor, and its president, Addison Reese, became president of the merged bank. Only four years later, in 1 ...
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United Press International
United Press International (UPI) is an American international news agency whose newswires, photo, news film, and audio services provided news material to thousands of newspapers, magazines, radio and television stations for most of the 20th century. At its peak, it had more than 6,000 media subscribers. Since the first of several sales and staff cutbacks in 1982, and the 1999 sale of its broadcast client list to its main U.S. rival, the Associated Press, UPI has concentrated on smaller information-market niches. History Formally named United Press Associations for incorporation and legal purposes, but publicly known and identified as United Press or UP, the news agency was created by the 1907 uniting of three smaller news syndicates by the Midwest newspaper publisher E. W. Scripps. It was headed by Hugh Baillie (1890–1966) from 1935 to 1955. At the time of his retirement, UP had 2,900 clients in the United States, and 1,500 abroad. In 1958, it became United Press Intern ...
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