Search for: "The Commercial Savings Bank"
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29 Mar 2023, 11:15 am
At the outset, state-chartered savings and loan associations (S&Ls, or thrifts) filled a gap left by commercial banks, which did not finance home mortgages. [read post]
16 Mar 2007, 10:00 am
With some variations, the rent checks (payable to B.D.G.S.) were endorsed as follows:DBGS, Inc.Pay to the order ofBeechgrove WarehouseFor DepositAfter the discrepancies were uncovered, B.D.G.S. commenced suit to recover its monies and asserted a claim against Savings Bank of Utica (SBU) "for money had and received. [read post]
4 Dec 2008, 5:22 pm
When a state or federally chartered savings and loan or commercial bank is taken over and sold by a state or federal regulatory agency, the agency often does not sell the entire bank, but instead typically sells only the deposit assets and loans to another banking institution. [read post]
15 Mar 2023, 7:00 am
An “Eligible Borrower” under the BTFP is any US federally insured depository institution (including a bank, savings association or credit union) or US branch or agency of a foreign bank that is eligible for “primary credit” under the Federal Reserve discount window. [read post]
21 Apr 2009, 7:30 pm
--The term "appropriate Federal banking agency" means-- (1) the Comptroller of the Currency, in the case of any national banking association, or any Federal branch or agency of a foreign bank; (2) the Board of Governors of the Federal Reserve System, in the case of-- (A) any State member insured bank, {{2-29-08 p.1071}} (B) any branch or agency of a foreign bank with respect to any provision of the Federal Reserve Act which is made… [read post]
29 Nov 2012, 12:24 pm
” The article discusses how Amazing Food, which makes some of Lyfe Kitchen’s ready-to-eat products, was on the verge of being shut down by Cole Taylor Bank, a client of the firm, for being in default on loans when the bank opted to hold a uniform commercial code auction of Amazing Food’s intellectual property, accounts receivable and some equipment; the bank lined up Lyfe Kitchen as a preferred bidder. [read post]
29 Sep 2021, 7:27 am
The CFDL includes exemptions for federally- and state-chartered banks, savings banks, credit unions, trust companies, and industrial loan companies and providers that make no more than five commercial financing transactions in New York in a 12-month period. [read post]
6 Feb 2015, 2:45 am
On January 1, 2015, the final Basel III rules regarding regulatory capital for banks with greater than $500 million in assets and all savings and loan holding companies took effect. [read post]
20 Nov 2007, 10:27 am
Experienced commercial banks like Bank of America was certainly a good choice and BoA actually get two positions in CCB's board. [read post]
10 Aug 2023, 8:10 am
Government Corporation which supplies insurance to commercial and savings banks. [read post]
4 Mar 2019, 3:56 pm
Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate net income of $59.1 billion in the fourth quarter of 2018, up $33.8 billion (133.4 percent) from a year ago. [read post]
1 Jan 2008, 12:07 pm
Every 15 or 20 years, a major financial debacle engulfs banks, savings and loans and other institutions engaged in residential and commercial property lending. [read post]
6 Jan 2021, 8:35 am
In addition to exempting commercial financing transactions in an amount greater than $500,000, the NYCFL exempts the following providers and transactions: A “financial institution” which includes federally- and state-chartered banks, savings banks, credit unions, trust companies, and industrial loan companies authorized to conduct business in New York A person acting in its capacity as a technology services provider, such as licensing software… [read post]
5 Jun 2010, 9:12 am
Proposed reform provisions and amendments suggest, among other measures, segregating business lines that engender excessive risk from commercial and individual savings or deposit businesses and limiting the size of banks. [read post]
15 Jun 2011, 4:30 am
This feed is for personal, non-commercial & Newstex use only. [read post]
15 Feb 2017, 5:16 pm
Prior to joining MECU, he worked as a loan officer at Hopkins Federal Savings Bank, ... [read post]
22 Oct 2012, 5:00 am
On October 18, the OCC provided guidance to national banks and federal savings associations with assets of $10 billion or less on using stress testing to assess risk in their loan portfolios. [read post]
20 Jan 2023, 4:00 pm
On this episode of HR Power Hour, join Verrill attorney Tawny Alvarez as she talks to Melissa Denbow, President Community Experience Manager at Machias Savings Bank. [read post]
6 May 2011, 9:11 am
Singerman is an associate practicing in Commercial Collections, is a member of the Commercial Banking, Commercial Business, Special Collections and Commercial/Agency Services Groups, and is based in the Cleveland office of Weltman, Weinberg & Reis Co., LPA. [read post]
2 Sep 2011, 1:09 pm
Bank's innovative proposal to be bound only by the uniform provisions of the state's Uniform Commercial Code was soundly rejected. [read post]