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St. Mary's Bank
St. Mary's Bank, the first credit union in the United States, was founded in 1908. Membership Credit unions are not-for-profit, cooperative financial institutions owned by each member. While the St. Mary's service area is primarily Manchester, New Hampshire, it is one of the few credit unions that allow membership throughout the entire United States, with valid residence. Finance and services Assets Services St. Mary's has five branches in Manchester, as well as one branch each in Nashua, New Hampshire, Nashua, Hudson, New Hampshire, Hudson, Milford, New Hampshire, Milford and Londonderry, New Hampshire. The credit union offers personal banking, business banking, savings, checking, investment, mortgages, home equity, auto loans, online banking, and debit and credit cards. History In 1908, Monseigneur Pierre Hevey, pastor of Sainte-Marie's parish in Manchester, organized what was soon to be known as the first credit union. The goal was to help the primarily French Americans, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-profit Organization
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a Profit (accounting), profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be Tax exemption, tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Milford, New Hampshire
Milford is a town in Hillsborough County, New Hampshire, United States, on the Souhegan River. The population was 16,131 at the 2020 census, up from 15,115 at the 2010 census.United States Census BureauU.S. Census website 2010 Census figures. Retrieved March 23, 2011. It is the retail and manufacturing center of a multi-town area known informally as the Souhegan Valley. The town center, where 9,212 people lived at the 2020 census, is defined as the Milford census-designated place (CDP), and is located at the junction of New Hampshire routes 13 and 101A. History Milford separated from neighboring Amherst in 1794. Like most towns named Milford in the United States, its name comes from the fact that it grew around a mill built on a ford—in this case on the Souhegan River. Milford was once home to numerous granite quarries, which produced a stone that was used, among other things, to make the pillars for the U.S. Treasury in Washington, D.C.—pillars that can be seen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Unions Based In New Hampshire
Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date. In other words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a large group of unrelated people. The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment. Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower. Etymology The term "credit" was first used in English in the 1520s. The term came "from Middle French crédit (15c.) "belief, trust," from Italian credito, from Latin creditum "a loan, thing entrusted to another," from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Credit Unions
Credit unions are not-for-profit financial cooperatives. In the early stages of development of a nation's financial system, unserved and underserved populations must rely on risky and expensive informal financial services from sources like money lenders, ROSCAs and saving at home. Credit unions proved they could meet demand for financial services that banks could not: from professional, middle class and poorer people. Those that served poorer urban and rural communities became an important source of microfinance. The first working credit union models sprang up in Germany in the 1850s and 1860s, and by the end of the 19th Century had taken root in much of Europe. They drew inspiration from cooperative successes in other sectors, such as retail and agricultural marketing (see history of the cooperative movement). Similar institutions were independently developed somewhat earlier in Japan, in the early 19th century, by agrarian reformer and economist Ninomiya Sontoku. In this vill ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
America's Credit Union Museum
America's Credit Union Museum is located in Manchester, New Hampshire, on the site of the first credit union founded in the United States. The museum is housed at the original location for St. Mary's Cooperative Credit Association, renamed in 1925 to La Caisse Populaire Ste.-Marie, or "Bank of the People", St. Mary's. In 1996, the building was listed on the National Register of Historic Places as the Building at 418–420 Notre Dame Ave. What is now the museum was formerly a three-story, three-family dwelling belonging to Joseph Boivin, the manager of the St. Mary's Cooperative Credit Association. Boivin started the credit union with the help of Monsignor Pierre Hevey and Alphonse Desjardins. The building was donated to the museum by Mr. & Mrs. Armand Lemire. To create the museum, the first two floors were converted into exhibit space about credit union history in the United States. The first floor pays tribute to the founding era of the credit union from 1908 to 1933. The secon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
French Canadian
French Canadians (referred to as Canadiens mainly before the twentieth century; french: Canadiens français, ; feminine form: , ), or Franco-Canadians (french: Franco-Canadiens), refers to either an ethnic group who trace their ancestry to French colonists who settled in Canada beginning in the 17th century or to French-speaking or Francophone Canadians of any ethnic origin. During the 17th century, French settlers originating mainly from the west and north of France settled Canada. It is from them that the French Canadian ethnicity was born. During the 17th to 18th centuries, French Canadians expanded across North America and colonized various regions, cities, and towns. As a result people of French Canadian descent can be found across North America. Between 1840 and 1930, many French Canadians immigrated to New England, an event known as the Grande Hémorragie. Etymology French Canadians get their name from '' Canada'', the most developed and densely populated region of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Franklin D
Franklin may refer to: People * Franklin (given name) * Franklin (surname) * Franklin (class), a member of a historical English social class Places Australia * Franklin, Tasmania, a township * Division of Franklin, federal electoral division in Tasmania * Division of Franklin (state), state electoral division in Tasmania * Franklin, Australian Capital Territory, a suburb in the Canberra district of Gungahlin * Franklin River, river of Tasmania * Franklin Sound, waterway of Tasmania Canada * District of Franklin, a former district of the Northwest Territories * Franklin, Quebec, a municipality in the Montérégie region * Rural Municipality of Franklin, Manitoba * Franklin, Manitoba, an unincorporated community in the Rural Municipality of Rosedale, Manitoba * Franklin Glacier Complex, a volcano in southwestern British Columbia * Franklin Range, a mountain range on Vancouver Island, British Columbia * Franklin River (Vancouver Island), British Columbia * Franklin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amoskeag Manufacturing Company
The Amoskeag Manufacturing Company was a textile manufacturer which founded Manchester, New Hampshire, United States. From modest beginnings it grew throughout the 19th century into the largest cotton textile plant in the world. At its peak, Amoskeag had 17,000 employees and around 30 buildings. In the early 20th century, changing economic and social conditions occurred as the New England textile industry shifted to the Southern U.S., and the business went bankrupt in 1935. Many decades later, the original mills were refurbished and renovated, and now house offices, restaurants, software companies, college branches, art studios, apartments and a museum. History Origins In May 1807, Samuel Blodgett completed a canal and lock system beside the Merrimack River at Derryfield. His enterprise allowed boats traveling between Concord and Nashua to bypass Amoskeag Falls, opening the region to development and connecting it to a network linking it to Boston. Blodget envisioned a "Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The Financial contagion, economic contagion began around September and led to the Wall Street Crash of 1929, Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide Gross domestic product, gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Safe Deposit Box
A safe deposit box, also known as a safety deposit box, is an individually secured container, usually held within a larger safe or bank vault. Safe deposit boxes are generally located in banks, post offices or other institutions. Safe deposit boxes are used to store valuable possessions, such as gemstones, precious metals, currency, marketable securities, luxury goods, important documents (e.g. wills, property deeds, or birth certificates), or computer data, which need protection from theft, fire, flood, tampering, or other perils. In the United States, neither banks nor the FDIC insure the contents. An individual can purchase separate insurance for the safe deposit box in order to cover e.g. theft, fire, flooding or terrorist attacks. Hotels, resorts, and cruise ships sometimes also offer safe deposit boxes or small safes to their patrons, for temporary use during their stay. These facilities may be located behind the reception desk, or securely anchored within private g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West Side, Manchester, New Hampshire
The West Side is a large area defining many neighborhoods in the city of Manchester, New Hampshire, in the United States. It consists of all parts of the city that lie west of the Merrimack River and includes the neighborhoods of Northwest ManchesterRimmon Heights Notre Dame, Piscataquog, Wolfe Park, and Mast Road. It lies just to the east of the community of Pinardville in the neighboring town of Goffstown. While much of the West Side was historically dominated by French Canadian neighborhoods like Notre Dame and Rimmon Heights, the area was also home to other ethnic groups, including the city's largest German neighborhood in Piscataquog. It has become increasingly diverse, but is still largely associated with the city's French Canadian heritage. Most of the developed areas of the West Side are high density urban neighborhoods, but the outer neighborhoods of Northwest Manchester, Wolfe Park, and Mast Road are medium to suburban. History The lower area of Notre Dame, immedia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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