Search results
Results From The WOW.Com Content Network
In 1914, Kaspare Cohn founded Kaspare Cohn Commercial & Savings Bank in Los Angeles.It was renamed Union Bank & Trust Company of Los Angeles in 1918. Harry Volk was recruited from Prudential Insurance Company as the bank's new CEO in 1957 and pioneered the use of the one-bank holding company, [1] among other banking innovations.
The company traces it roots to The Bank of California founded in 1864. It became Bancal Tri-State Corporation in 1972, UnionBanCal Corporation in 1996, and MUFG Americas Holdings Corporation in 2014. [2] In December 2022, its sold its consumer banking subsidiary, MUFG Union Bank, to U.S. Bancorp.
The Union Banking Corporation (UBC) was a New York investment bank incorporated in 1924 in the United States.During World War II, under the U.S. Trading with the Enemy Act, the United States government seized the bank's assets pending investigation of the bank's business involving a former party member of the Nazi government in Germany, Fritz Thyssen.
Telephone banking saw growth during the 1980s and early 1990s and was heavily used by the first generation of direct banks. However, the development of online banking in the early 2000s started a long-term decline in the use of telephone banking in favor of internet banking. [2] The advent of mobile banking further eroded the use of telephone ...
With an online bank, your banking tasks are completed through your computer, phone or smart device — from opening your account, to setting up your login details, to actively managing your money ...
A 2018 stamp dedicated to the 100th anniversary of the Union Bank of India. Union Bank of India was established on 11 November 1919 in Bombay (now Mumbai) by Seth Sitaram Poddar. [1] The bank's corporate office was inaugurated by Mahatma Gandhi. At the time of India's independence in 1947, the bank had four branches – three in Mumbai and one ...
It was shut down in 2011 and its operations merged into the mainstream banking structure with its parent OCBC saying that "Internet Banking has since become a core part of OCBC Bank's multi-channel strategy – which also encompasses branches, ATMs and Mobile Banking". [5] The direct bank model was used by many of the challenger banks created ...
Union Bank & Trust Company is a privately owned, state chartered commercial bank headquartered in Lincoln, Nebraska. The bank was founded on February 28, 1917, under the name Farmer's State Bank . The name was changed to Union Bank in 1935, then to its current name in 1959 with the addition of trust powers. [ 1 ]