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WesBanco
WesBanco, Inc., is a bank holding company headquartered in Wheeling, West Virginia. It has over 200 branches in West Virginia, Ohio, Western Pennsylvania, Kentucky, Maryland, and Southern Indiana. WesBanco is the second-largest bank headquartered in West Virginia, after United Bank. Based on total deposits, it is the third-largest bank operating in West Virginia, after BB&T and United Bank. In addition to banking services, the company offers insurance and investment products. The company owns the naming rights to the WesBanco Arena, home of the Wheeling Nailers hockey team. History The company was initially chartered on January 20, 1870, as "The German Bank". In 1968, WesBanco, Inc. was incorporated. In July 1992, the company acquired First National Bank of Barnesville, Ohio. In 2004, the company acquired Western Ohio Financial Corporation, the parent company of Cornerstone Bank, for $65.2 million. In 2007, the company acquired Oak Hill Financial for $201 million in cash an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
WesBanco Arena
WesBanco Arena (originally Wheeling Civic Center) is a multi-purpose arena located in Wheeling, West Virginia. It was built in 1977 at a cost of $7 million. It is home to the Wheeling Nailers ice hockey team, the West Virginia Roughriders indoor football team, and the Ohio Valley Athletic Conference wrestling tournament. Background and history In February 1973, a civic center in Wheeling was proposed, and in May 1973, Mosser Construction Inc. was announced to be the architectural firm for the arena. Plans for construction of the venue, along with plans for a nearby parking garage, were approved by Wheeling City Council on April 16, 1974. The combined cost of both properties was estimated to be $9.6 million. On September 16, 1974, a petition by Wheeling residents James R. Kucera and Robert J. Haberfield, who opposed the construction of the civic center, was turned down by the Supreme Court of Appeals of West Virginia. The action paved the way for the City Council to sell bonds ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wheeling Nailers
The Wheeling Nailers are a professional ECHL ice hockey team based in Wheeling, West Virginia. They are the ECHL affiliate of the Pittsburgh Penguins of the National Hockey League and the Wilkes-Barre/Scranton Penguins of the American Hockey League. The Nailers are the oldest surviving minor league franchise below the level of the American Hockey League, with unbroken continuity of franchise and never having missed a season of play. Franchise history The Nailers began play in 1981 in the Atlantic Coast Hockey League as the Carolina Thunderbirds based in Winston-Salem, North Carolina. The Thunderbirds won four consecutive regular season titles and were three-time Bob Payne Trophy winners as league champions. In 1987, the ACHL folded and the team joined the All-American Hockey League for the 1987–88 season. The Thunderbirds, Virginia Lancers, and Johnstown Chiefs then became the basis for the East Coast Hockey League, now known as the ECHL. The Thunderbirds lost the first ECHL ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AmTrust Bank
AmTrust Bank was a bank based in Cleveland, Ohio. The company was founded in 1889 and was closed in December 2009. History The bank was founded in 1889 as Ohio Savings, Loan & Building Co. In 1963, Leo Goldberg acquired control of the company. In 1975, the bank acquired Citizens Federal Savings & Loan of Akron. In 1978, the bank acquired Shaker Savings. In 1989, the bank acquired Palm Plaza Savings Association, based in Boca Raton, Florida. In 2000, the bank opened its first branches in Phoenix, Arizona. In 2007, the bank changed its name to Amtrust Bank. In January 2009, the bank sold its 5 branches in Columbus, Ohio to WesBanco. On December 4, 2009, as a result of bank failure, the bank was shut down by the Office of Thrift Supervision. It was placed into receivership and the Federal Deposit Insurance Corporation was named receiver. The assets of the bank were sold to New York Community Bank New York Community Bancorp, Inc. (NYCB) is a bank headquartered in Westbury, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wheeling, West Virginia
Wheeling is a city in the U.S. state of West Virginia. Located almost entirely in Ohio County, of which it is the county seat, it lies along the Ohio River in the foothills of the Appalachian Mountains and also contains a tiny portion extending into Marshall County. Wheeling is located about 60 miles (96 km) west of Pittsburgh and is the principal city of the Wheeling metropolitan area. As of the 2020 census, the metro area had a population of 145,205, and the city itself had a population of 27,062. Wheeling was originally a settlement in the British colony of Virginia, and later the second-largest city in the Commonwealth of Virginia. During the American Civil War, Wheeling was the host of the Wheeling Conventions that led to the formation of West Virginia, and it was the first capital of the new state. Due to its location along major transportation routes, including the Ohio River, National Road, and the B&O Railroad, Wheeling became a manufacturing center in the late n ... [...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] |
Columbus, Ohio
Columbus () is the state capital and the most populous city in the U.S. state of Ohio. With a 2020 census population of 905,748, it is the 14th-most populous city in the U.S., the second-most populous city in the Midwest, after Chicago, and the third-most populous state capital. Columbus is the county seat of Franklin County; it also extends into Delaware and Fairfield counties. It is the core city of the Columbus metropolitan area, which encompasses 10 counties in central Ohio. The metropolitan area had a population of 2,138,926 in 2020, making it the largest entirely in Ohio and 32nd-largest in the U.S. Columbus originated as numerous Native American settlements on the banks of the Scioto River. Franklinton, now a city neighborhood, was the first European settlement, laid out in 1797. The city was founded in 1812 at the confluence of the Scioto and Olentangy rivers, and laid out to become the state capital. The city was named for Italian explorer Christopher Columbus. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The San Diego Union-Tribune
''The San Diego Union-Tribune'' is a metropolitan daily newspaper published in San Diego, California, that has run since 1868. Its name derives from a 1992 merger between the two major daily newspapers at the time, ''The San Diego Union'' and the ''San Diego Evening Tribune''. The name changed to ''U-T San Diego'' in 2012 but was changed again to ''The San Diego Union-Tribune'' in 2015. In 2015, it was acquired by Tribune Publishing. In February 2018 it was announced to be sold, along with the ''Los Angeles Times'', to Patrick Soon-Shiong's investment firm Nant Capital LLC for $500 million plus $90 million in pension liabilities. The sale was completed on June 18, 2018. History Predecessors The predecessor newspapers of the ''Union-Tribune'' were: * ''San Diego Herald'', founded 1851 and closed April 7, 1860; John Judson Ames was its first editor and proprietor. * ''San Diego Sun'', founded 1861 and merged with the ''Evening Tribune'' in 1939. * ''San Diego Union'', fou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Associated Press
The Associated Press (AP) is an American non-profit news agency headquartered in New York City. Founded in 1846, it operates as a cooperative, unincorporated association. It produces news reports that are distributed to its members, U.S. newspapers and broadcasters. The AP has earned 56 Pulitzer Prizes, including 34 for photography, since the award was established in 1917. It is also known for publishing the widely used '' AP Stylebook''. By 2016, news collected by the AP was published and republished by more than 1,300 newspapers and broadcasters, English, Spanish, and Arabic. The AP operates 248 news bureaus in 99 countries. It also operates the AP Radio Network, which provides newscasts twice hourly for broadcast and satellite radio and television stations. Many newspapers and broadcasters outside the United States are AP subscribers, paying a fee to use AP material without being contributing members of the cooperative. As part of their cooperative agreement with the AP, most ... [...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 Department Of The 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 depart ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Crisis Of 2007-2008
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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