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On March 15, 1933, the first day of stock trading after the extended closure of Wall Street, the Dow Jones Industrial Average, gaining 8.26 points to close at 62.10; a gain of 15.34%. As of October 2024 [update] , the gain still stands as the largest one-day percentage price increase ever .
Other provisions of the 1933 Banking Act that remain in effect include (1) Sections 5(c) and 27, which required state member banks to provide its district's Federal Reserve Bank and the Federal Reserve Board and national banks to provide the Comptroller of the Currency a minimum of three reports on their affiliates; [17] (2) Section 13, which ...
President Roosevelt issued Executive Order 2039, declaring a nationwide "bank holiday", temporarily closing every bank in the United States and freezing all financial transactions. The 'holiday' ended on March 13 for the 12 federal reserve banks, and by March 15 for all banks, which then had to apply for a license. [3]
A Chemical Bank advertisement boasted "On Sept. 2 our bank will open at 9:00 and never close again." [33] Chemicals' ATM, initially known as a Docuteller was designed by Donald Wetzel and his company Docutel. Chemical executives were initially hesitant about the electronic banking transition given the high cost of the early machines.
Regulators shut down three more banks late yesterday, bringing this year's total number of failed banks to 84. The closures included Affinity Bank, of Ventura, CA, Bradford Bank in Baltimore, and ...
Temecula Valley Bank Temecula: California: 2009 $1.5 billion $2.1 billion New South Federal Savings Bank Irondale: Alabama: 2009 $1.5 billion $2.1 billion Community Banks of Colorado Greenwood Village: Colorado: 2011 $1.4 billion $1.9 billion Horizon Bank Bellingham: Washington: 2010 $1.3 billion $1.8 billion Premier Bank Jefferson City ...
Kelle Ann Workman was 24 years old when she was last seen mowing grass June 30, 1989, at the Dogwood Cemetery in Douglas County, Missouri. After 35 years, 3 men charged in relation to 1989 Ozarks ...
March 5 – Great Depression: President Franklin D. Roosevelt declares a "bank holiday", closing all United States banks and freezing all financial transactions (the 'holiday' ends on March 13). March 7 – The real-estate trading board game Monopoly is developed.