Hampden Bank
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Hampden Bank
Hampden Bank (formerly Hampden Savings Bank) was one of two banks headquartered in Springfield, Massachusetts, (the other - NuVo Bank - was opened in Metro Center in 2009.) Established in 1852, Hampden Bank was a full-service bank that serves people and businesses in Hampden County, Massachusetts, and in surrounding communities. As of 2011, Hampden Bank had ten office locations in Springfield, Agawam, Longmeadow, West Springfield, Wilbraham, at Tower Square in Metro Center Springfield, and in Indian Orchard. In 2015, Hampden Bank was acquired by Pittsfield-based Berkshire Bank. History Founded in Springfield, Massachusetts before the American Civil War in 1852, Hampden Bank's roots in Western Massachusetts run deep. Originally chartered to serve railroad employees - one of Hampden Bank's first locations, built-in 1918, is listed on the National Register of Historic Places - and is located two blocks south of Springfield Union Station. (For information on that building, see: Ha ...
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Hampden Bank, Springfield MA
Hampden may refer to: Places Oceania * Hampden, New Zealand ** Hampden (New Zealand electorate) ** Murchison, New Zealand, known as Hampden until 1882 * Hampden, Queensland * Hampden, South Australia * County of Hampden, Victoria, Australia * Shire of Hampden, a former local government area in Melbourne, Victoria, Australia Canada * Hampden, Newfoundland and Labrador * Hampden, Quebec Great Britain * Hampden Park, a football stadium in Glasgow, third local ground using the name **Hampden Park (1873–83), its first predecessor **Second Hampden Park (known as such 1883–1903) * Hampden Park, Eastbourne, a suburb of Eastbourne, Sussex * Great and Little Hampden, a parish in Buckinghamshire United States * Hampden, Alabama * Hampden, Maine, a town in Penobscot County ** Hampden (CDP), Maine, census-designated place within the town ** Hampden Academy, former theological seminary, now a public high school * Hampden, Baltimore, Maryland, a neighborhood * Hampden County, Massachusetts ...
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Western Massachusetts
Western Massachusetts, known colloquially as “Western Mass,” is a region in Massachusetts, one of the six U.S. states that make up the New England region of the United States. Western Massachusetts has diverse topography; 22 colleges and universities, with approximately 100,000 students; and such institutions as Tanglewood, the Springfield Armory, and Jacob's Pillow. The western part of Western Massachusetts includes the Berkshire Mountains, where there are several vacation resorts. The eastern part of the region includes the Connecticut River Valley, which has a number of university towns, the major city Springfield, and numerous agricultural hamlets. In the eastern part of the area, the Quabbin region is a place of outdoor recreation. History Native inhabitants Archeological efforts in the Connecticut River Valley have revealed traces of human life dating back at least 9,000 years. Pocumtuck tradition describes the creation of Lake Hitchcock in Deerfield by a gi ...
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Banks Established In 1852
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Companies Based In Springfield, Massachusetts
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Banks Based In Massachusetts
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Court Square
Court Square in Springfield, Massachusetts, United States, is a park and historic district in the heart of Springfield's urban Metro Center neighborhood. Court Square is the City of Springfield's only topographical constant since its founding in 1636. It is bounded by Court Street, Main Street, State Street, East Columbus Avenue, and features Elm Street and a scenic pedestrian-only walkway from the courthouse toward Springfield's historic Old First Church. Springfield's Old First Church has been located in Court Square since the 17th century. It was the twentieth parish formed in the Massachusetts Bay Colony, and was gathered in 1637, the year after Springfield was founded. The first meetinghouse was erected just east of this site in 1645. The current Old First Church (b. 1819) is the fourth building on this site, built by a Northampton architect, Isaac Damon. The rooster weathervane on the steeple was crafted by a Coppersmith in London, England, and brought to this country ...
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Habitat For Humanity
Habitat for Humanity International (HFHI), generally referred to as Habitat for Humanity or Habitat, is a US non-governmental, and nonprofit organization which was founded in 1976 by couple Millard and Linda Fuller. Habitat for Humanity is a Christian organization. The international operational headquarters are located in Americus, Georgia, United States, with the administrative headquarters located in Atlanta. As of 2020, Habitat for Humanity operates in more than 70 countries. The mission statement of Habitat for Humanity is "Seeking to put God's love into action, Habitat for Humanity brings people together to build homes, communities, and hope". Homes are built using volunteer labor and Habitat makes no profit from the sales. In some locations outside the United States, Habitat for Humanity charges interest to protect against inflation, a policy that has been in place since 1986. The organization operates with financial support from national governments, philanthropic fo ...
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Pioneer Valley
The Pioneer Valley is the colloquial and promotional name for the portion of the Connecticut River Valley that is in Massachusetts in the United States. It is generally taken to comprise the three counties of Hampden, Hampshire, and Franklin. The lower Pioneer Valley corresponds to the Springfield, Massachusetts metropolitan area, the region's urban center, and the seat of Hampden County. The upper Pioneer Valley region includes the smaller cities of Northampton and Greenfield, the county seats of Hampshire and Franklin counties, respectively. Historically the northern part of the Valley was an agricultural region, known for growing Connecticut shade tobacco and other specialty crops like Hadley asparagus; however, since the late 19th century its economy has become increasingly a knowledge economy, due to the prominence of the Five Colleges in Hampshire County. Similarly the Springfield- Chicopee-Holyoke economies transformed from volume producers of goods such as pa ...
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Non-profit Organization
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a Profit (accounting), profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be Tax exemption, tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworth ...
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Mutual Savings Bank
A mutual savings bank is a financial institution chartered by a central or regional government, without capital stock, owned by its members who subscribe to a common fund. From this fund, claims, loans, etc., are paid. Profits after deductions are shared among the members. The institution is intended to provide a safe place for individual members to save and to invest those savings in mortgages, loans, stocks, bonds and other securities and to share in any profits or losses that result. History The institution most frequently identified as the first modern savings bank was the " Savings and Friendly Society" organized in 1810 by Rev. Henry Duncan of the Ruthwell Presbyterian Church in Dumfriesshire, Scotland. Duncan established a friendly society to create a cooperative depository institution in order to enable his poorest parishioners to hold savings accounts accruing interest for sickness and old-age. Another precursor of modern savings banks were the ideas of Friedrich Wil ...
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Automated Teller Machine
An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff. ATMs are known by a variety of names, including automatic teller machine (ATM) in the United States (sometimes redundantly as "ATM machine"). In Canada, the term ''automated banking machine'' (ABM) is also used, although ATM is also very commonly used in Canada, with many Canadian organizations using ATM over ABM. In British English, the terms ''cashpoint'', ''cash machine'' and ''hole in the wall'' are most widely used. Other terms include ''any time money'', ''cashline'', ''tyme machine'', ''cash dispenser'', ''cash corner'', ''bankomat'', or ''bancomat''. ATMs that are not operated by a financial i ...
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Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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