The Online Banks

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The First Bank of USA was a bank chartered by the USA on February 25, 1791. The charter was for 20 years. The Bank was created to handle the financial needs and requirements of the central government of the newly formed USA, which had previously been thirteen individual colonies with their own banks, currencies, and [...]

Bank Run  Or Bank Panic

Definition of Bank Run : A series of unexpected cash withdrawals caused by a sudden decline in depositor confidence or fear that the bank will be closed by the chartering agency, i.e. many depositors withdraw cash almost simultaneously. Since the cash reserve a bank keeps on hand is only a small [...]

Capitalbank is a commercial bank that offers personal and business banking services. The bank’s services include savings and checking accounts, certificates of deposits, individual retirement accounts, and online banking. Capitalbank offers financial services like consumer loans, commercial lending, credit cards, and wealth management. It was formerly known as Greenwood Bank & Trust and changed [...]