Ads
related to: first access bank of missouri
Search results
Results From The WOW.Com Content Network
The Federal Deposit Insurance Corporation (FDIC) may assume deposits of banks or allow other banks to assume them. The largest banks to be acquired have been the Merrill Lynch acquisition by Bank of America, the Bear Stearns and Washington Mutual acquisitions by JPMorgan Chase, and the Countrywide Financial acquisition also by Bank of America.
The Bank of Missouri began as The Bank of Perryville which received a state charter on November 2, 1891. From 1891 until 1902, The Bank of Perryville served as the only bank in Perry County, Missouri. In June 1997, The Bank of Perryville changed its name to The Bank of Missouri, and expanded into Cape Girardeau, Missouri.
The bank received its state charter on February 16, 1847, and offered 3 percent interest on deposits and invested the first $1,000 in a city bond that paid 6 percent. Its early history was marked by deadly citywide disasters in 1849 of a cholera outbreak that killed more than 1,000 and the Great St. Louis Fire of 1849 of May 17–18 that ...
Commerce was founded by Francis Reid Long with $10,000 in capital in 1865, just as communities were rebuilding during post-Civil War Reconstruction. Originally known as the Kansas City Savings Association, it was acquired in 1881 by Dr. William Stone Woods and renamed the National Bank of Commerce, claiming at the time to be the largest bank west of Chicago. [5]
This page was last edited on 23 December 2023, at 23:27 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
William Thornton Kemper Sr. (November 2, 1867 – January 19, 1938) was an American banker who was the patriarch of the Missouri Kemper family, which developed both Commerce Bancshares and United Missouri Bank to become a major banking family in the Midwest.