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The Rhode Island Hospital Trust was a banking institution founded in 1867 to manage the financial affairs of Rhode Island Hospital, founded in 1863. [2] Over time it grew to become a significant local commercial bank, and was acquired by Bank of Boston in 1985. In 2005, the Rhode Island School of Design purchased the building for $47 Million. [3]
The Merchants Bank Building is a historic commercial building at 32 Westminster Street in downtown Providence, Rhode Island. It is a six-story brownstone structure, designed by Alpheus C. Morse and Clifton A. Hall and built in 1855–57. When built, this Italianate structure was one of the first buildings of Providence's financial district, and ...
One Financial Plaza, also known as the Sovereign Bank Tower and formerly known as the Hospital Trust Tower, [1] is an international-style skyscraper that stands along Kennedy Plaza in Downtown Providence, Rhode Island. The building is the second-tallest in the city and state, surpassed in height only by the Industrial National Bank Building.
A home becomes a bank-owned property after the homeowner defaults on their mortgage and the bank forecloses. Bank-owned properties may also be referred to as real estate owned or REO homes, REO ...
The bank was renamed the Bank of America Loan and Trust Company in 1890 and the Union Trust Company in 1894. In 1900 Perry succeeded Hayward as president, and in 1901 he inaugurated the bank's new building. Perry was a monopolist and rapidly consolidated several other Providence banks into his own.
The Industrial National Bank Building, located at 111 Westminster Street or 55 Kennedy Plaza in downtown Providence, Rhode Island, was built in 1928 as the Industrial Trust Co. Building, and was designed by the New York firm of Walker & Gillette.