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Under his 50-year leadership, Broadway Bank was the first to establish a mortgage lending division (1959), extend banking hours to help working families, offer 24-hour ATMs and open a full-service neighborhood customer convenience center. [6] In 1983, the bank was the city’s first to offer on-site brokerage services.
Broadway Bank may refer to: Broadway Bank (Illinois) , a defunct bank founded by the Giannoulias family and closed by the FDIC in 2010 with its assets transferred to MB Financial Bank Broadway Bank (Texas) , a San Antonio bank founded in 1942, also controlling Eisenhower Bank, and still operating
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By 2009, Broadway Bank had become burdened with bad loans. On January 26, 2010, the bank agreed to restrictions from state and federal banking regulators: ending dividend payments to the Giannoulias family without regulatory approval, hiring outsiders to evaluate the senior management, adding $19 million to its reserves, raising another $50 million within 90 days to achieve its promised ...
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