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North Fork Bancorp
North Fork Bank was an American bank that operated from 1950 until 2008 when it was acquired by Capital One Bank and was merged into that bank. In November 2007, it had 365 branches in the New York metropolitan area. History North Fork early history was dominated by mergers of banks on the North Fork, Suffolk County, New York. Its earliest component was Southold Savings Bank in Southold, New York (although the company dates its history from 1905 with the founding of Mattituck Bank in Mattituck, New York, which would become the most active early partner). It first assumed the name of North Fork Bank & Trust Company in 1950 through the consolidation of Mattituck and First National Bank of Cutchogue in Cutchogue, New York. North Fork Bancorporation was formed in 1980 and Southold Savings was acquired in 1988. In the 1990s, it began an aggressive move into New York City market with the acquisition of At the time of its acquisition, the bank served the New York metropolitan area, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital One
Capital One Financial Corporation is an American bank holding company founded on July 21, 1994, and specializing in credit cards, auto loans, banking, and savings accounts, headquartered in Tysons, Virginia, with operations primarily in the United States. It is the ninth largest bank in the United States by total assets , the third largest issuer of Visa and Mastercard credit cards, and one of the largest car finance companies in the United States. The bank has approximately 750 branches, including 30 café style locations, and 2,000 ATMs. It is ranked 91st on the ''Fortune'' 500, 15th on ''Fortune'''s 100 Best Companies to Work For list, and conducts business in the United States, Canada, and the United Kingdom. The company helped pioneer the mass marketing of credit cards in the 1990s. The company's three divisions are credit cards, consumer banking and commercial banking. , the company had loans receivable of $114 billion from credit cards, $75 billion from auto loa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jamaica Savings Bank
The Jamaica Savings Bank was a bank incorporated in 1866 in the Jamaica section of the borough of Queens in New York City. It had four branches across Queens before it was acquired by North Fork Bank in 1999, which itself was acquired by Capital One Bank in 2008. The bank's original building was built between 1897 and 1898 in the Beaux-Arts style. It is a slender, four-story brick building with a limestone facade. It features a deeply rusticated ground floor with windows protected by elegant metal grilles. The facade is framed by double-story pilasters and covered with elaborate carved brackets, swags and other elements. ''See also:'' History Incorporation The original Jamaica Savings Bank was incorporated on April 20, 1866, by 19 local business leaders, including John Alsop King, governor of New York (1857-1858); Morris Fosdick, and Colonel Aaron A. Degrauw, who met in the Jamaica Town Hall in an effort to "pool their local resources for the purpose of protecting the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Suffolk County, New York
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and 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 duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Based In New York (state)
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. As 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 ancie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jericho, New York
Jericho is a hamlet and census-designated place (CDP) in the Town of Oyster Bay in Nassau County, on the North Shore of Long Island, in New York, United States, approximately 29 miles (47 km) east of Midtown Manhattan. The population was 14,808 at the time of the 2020 census. The area is served by the Jericho Union Free and the Syosset Central School Districts, the boundaries of which differ somewhat from those of the hamlet. The boundaries of the Jericho Post Office vary from both the hamlet and the school district boundaries, including a portion of Jericho in the Westbury ZIP code and a portion of Syosset in the Jericho ZIP code. History Located in the Town of Oyster Bay, Jericho was part of the Robert Williams Plantation in 1648. The English families who settled in Jericho were, or soon became, Quakers, members of the Society of Friends. Many fled from persecution in England and in the New England Colonies. They sought a peaceful existence as farmers. The name of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Westbury Music Fair
The Flagstar at Westbury Music Fair (originally known as the Westbury Music Fair) is an entertainment venue located in the hamlet of Jericho, outside of Westbury, New York. It was constructed as a theatre in the round, with seating for 2,870. It was one of many similar venues, was originally developed by Shelly Gross and Lee Guber as a means to present top performers and productions of popular theatrical musicals at a series of venues located in suburban locations on the East Coast of the United States. History In 1954, Radio broadcaster Frank Ford and nightclub owner Lee Guber were returning home with their wives after attending a 1954 musical performance presented in a tent. After the two kept commenting on how they could improve on the show they had just seen, Ford's wife told them "Well, why don't you". They went ahead with the idea, leading the creation of Music Fair Enterprises, Inc. Together with Shelly Gross, a television news anchor who had become disenchanted with h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Dollars
The United States dollar (Currency symbol, symbol: Dollar sign, $; ISO 4217, currency code: USD) is the official currency of the United States and International use of the U.S. dollar, several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish dollar, Spanish silver dollar, divided it into 100 cent (currency), cents, and authorized the Mint (facility), minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The U.S. dollar was originally defined under a bimetallism, bimetallic standard of (0.7734375 troy ounces) fine silver or, from Coinage Act of 1834, 1834, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equivalence to gold was revised to $35 per troy ounce. In 1971 all links to gold were repealed. The U.S. dollar became an important intern ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2007 Subprime Mortgage Financial Crisis
The American subprime mortgage crisis was a multinational financial crisis that occurred between 2007 and 2010, contributing to the 2008 financial crisis. It led to a severe economic recession, with millions becoming unemployed and many businesses going bankrupt. The U.S. government intervened with a series of measures to stabilize the financial system, including the Troubled Asset Relief Program (TARP) and the American Recovery and Reinvestment Act (ARRA). The collapse of the United States housing bubble and high interest rates led to unprecedented numbers of borrowers missing mortgage repayments and becoming delinquent. This ultimately led to mass foreclosures and the devaluation of housing-related securities. The housing bubble preceding the crisis was financed with mortgage-backed securities (MBSes) and collateralized debt obligations (CDOs), which initially offered higher interest rates (i.e. better returns) than government securities, along with attractive risk ratings ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alt-A
An Alt-A mortgage, short for Alternative A-paper, is a type of U.S. Mortgage loan, mortgage that, for various reasons, is considered riskier than A-paper, or "prime", and less risky than "subprime lending, subprime," the riskiest category. For these reasons, as well as in some cases their size, Alt-A loans are not eligible for purchase by Fannie Mae or Freddie Mac. Alt-A interest rates, which are determined by credit risk, therefore tend to be between those of prime and subprime home loans, although there is no single accepted definition of Alt-A. Typically Alt-A mortgages are characterized by borrowers with less than full documentation, average credit scores, higher Loan-to-value ratio, loan-to-values, and more Investment property, investment properties and secondary homes. A-minus is related to Alt-A, with some lenders categorizing them the same, but A-minus is traditionally defined as mortgage borrowers with a FICO score of below 680 while Alt-A is traditionally defined as loans ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Washington Post
''The Washington Post'', locally known as ''The'' ''Post'' and, informally, ''WaPo'' or ''WP'', is an American daily newspaper published in Washington, D.C., the national capital. It is the most widely circulated newspaper in the Washington metropolitan area and has a national audience. As of 2023, the ''Post'' had 130,000 print subscribers and 2.5 million digital subscribers, both of which were the List of newspapers in the United States, third-largest among U.S. newspapers after ''The New York Times'' and ''The Wall Street Journal''. The ''Post'' was founded in 1877. In its early years, it went through several owners and struggled both financially and editorially. In 1933, financier Eugene Meyer (financier), Eugene Meyer purchased it out of bankruptcy and revived its health and reputation; this work was continued by his successors Katharine Graham, Katharine and Phil Graham, Meyer's daughter and son-in-law, respectively, who bought out several rival publications. The ''Post ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eliot Spitzer
Eliot Laurence Spitzer (born June 10, 1959) is an American politician and attorney who served as the 54th governor of New York from 2007 until his resignation in 2008 after a prostitution scandal. A member of the Democratic Party, he was also the 63rd attorney general of New York from 1999 to 2006. Born in the Bronx, Spitzer attended Princeton University and earned his Juris Doctor degree from Harvard Law School. He began his career as an attorney in private practice with New York law firms before becoming a prosecutor with the office of the New York County (Manhattan) District Attorney. Spitzer defeated Republican incumbent Dennis Vacco in 1998 to become state attorney general, earning a reputation as the "Sheriff of Wall Street" for his efforts to curb corruption in the financial services industry. He was elected governor of New York in 2006 by the largest margin of any candidate, but his tenure lasted less than two years after it was uncovered he patronized a prostitutio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
