Washington Federal is a Washington-based financial institution headquartered in Seattle. The Company is insured by Washington Federal, National Association, and conducting its operation as a bank holding company.
Washington Federal was founded in 1917, originally as Ballard Savings and Loan. In 1958, the company merged with Bothell's Washington Federal Savings and Loan, and operated under the unchanged name of Bothell’s. In 1982, WFSL officially split with Bothell’s and the current holding company was running up till now.
History
The business of Washington Federal started from 1917, when a group of local businessmen founded Ballard Savings and Loan Association serving fisherman and lumber industry in north of Seattle. In the century afterwards, the company launched successions of merger and acquisition to build the modern financial institution, Washington Federal, as it is operating today.
In 1971, the company started its acquisition of Seattle Federal Savings and Loan, reinforced its business foundation of providing savings and loans. In 1978, Washington Federal continued its ambition in this area by merging with First Federal Savings and Loan Association in Mount Vernon. In the next twenty years, the activities of merging and acquisitions included some of the largest and renowned savings and loan institutions, such as United First Federal, Northwest Federal Savings and Loan, First Federal Savings and Loan Association, Idaho Falls, Provident Federal Savings and Loan, Metropolitan Savings Association, Freedom Federal Savings and Loan, Portland and Eugene, Family Federal Savings and Loan Association, and several other big names.
Since 2000, Washington Federal’s merge and acquisition moves have more centered on expanding its...
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...“master policy” is provided for the condo or co-op building. This insurance policy will additionally cover the common areas that the owner will share with others in this kind of building, such as hallways, the lobby and elevator.
Renters
Renters can also enjoy the insurance for protection of their possessions and liabilities. Similar to home owners insurance, the policy covers possessions damage in the event of theft, vandalism, or natural disaster, provides coverage for the liability when injury or damage is caused to other people living in the property.
Manufactured Homes
Manufactured Home Insurance serves two types of coverage, property and liability. If you are a renter of the property within the manufactured home, a seasonal home user, or if it is a commercial property, Manufactured Home Insurance will have different policies for these types of policyholders.
FIRREA abolished the FSLIC and transferred its assets, liabilities and operations to the newly created FRF, Federal Resolution Fund, to be administered by the FDIC. The remainders of the monies were from the US Treasury and the Federal Home Loan Banks.
This bank held government money and controlled the economy by making it easier for local banks to borrow money from it to loan it to manufacturers and factories. As the idea arose the cabinet, Jefferson protested that such a bank was unconstitutional because it favored the north over the south since the bank did not loan money to farmers for land expansions. Being true as it is, the bank drastically boosted our economy and had a great future for our nation. Since it was unconstitutional, a compromise said that the bank would only be funded for 20 years. So as soon as Andrew Jackson was elected, he destroyed the bank. In response to this, our nation suddenly falls into a major depression. No one had jobs and the economy was dying. This showed the brilliance of the national bank and how much it helped our economy. Adding onto this, the bank began the formation of the Federalist and Democratic
The Second Bank of the United States opened in 1816 under the presidency of James Madison and was located in Baltimore, Maryland. The primary idea of the federally operated bank was to maintain
CenTrust, first called Dade Federal Savings and Loan, was founded in 1934 during the Great Depression and eventually became a stalwart of the South Florida business establishment. By the early 1980s, Miami had a corporate community that any city would envy. The companies were large and growing. They contributed mightily to local causes. They virtually invented a skyline where none existed as late as the early 1980s. CenTrust Bank and David Paul gave huge sums of money and much effort toward founding the New World Symphony in the 1980s. But the local corporate world was shaken badly at that time. In South Florida, home of fragile physical, social and economic climates, big business became an endangered species. Prominent in the downtown skyline were buildings built by financial institutions that had failed or were in serious trouble. By November 1983, CenTrust had losses of $500 million and was headed toward insolvency and federal takeover. David Paul, pledging little more than some real-estate holdings, gained control and quickly remade and personalized the institution. Before long, the company's stock-ticker symbol became DLP, Paul's initials. At the end, as senior managers deserted him, David Paul held the posts of chairman, president, chief executive officer and chief operating officer.
Allstate insurance is the second largest property and casualty insurance company by premiums in the United States. Allstate insurance handles about 12% of the U.S home and auto insurance market. (Allstate, 2014). Many of Allstate’s customers fall under what one could refer to as a traditional selection of insurance for automobiles. Recently, Allstate has noticed a major shortcoming in lifestyle insurance, which includes coverage for motorcycles, boats, and other recreational vehicles, in comparison to its competitors. The motorcycle insurance sector is a 10.4 billion dollar industry and growing (PRWEB, 2012). The U.S. Department of Transportation website reports some astounding figures, including that 5,370,035 motorcycles were registered three years before the article, 7,138,476 motorcycles registered at the time of the article, and grew to 9,477,243 registered motorcycles at the end of 2012 (NHTSA, 2013). It is obvious as to why Allstate would identify motorcycle insurance as a worthy lifestyle product to devote marketing research dollars into in order to develop new strategies for cornering a share of the market.
In 1852, as a response to the California Gold Rush, Henry Wells and William Fargo created Wells Fargo & company. Initially, the purpose of the company was to provide express and banking services to California. Shortly thereafter, Wells Fargo experienced rapid growth and unpredictable changes. Today the company is viewed as a nationwide, diversified, community-based financial services company with over $1.8 trillion in assets. Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through 8,700 locations and 12,800 ATMs.
A property risk is something that happens to your property. A liability risk is if something happens to you but it is not your fault. An example of personal risk is if you are an athlete and that is how you make your living it would be wise to incer the body part you use the most just in case you injure that part. If you are a runner you will likely incur your legs so if you break them and can no longer run you will get them paid for because you can no longer run. An example of property insurance is if something like an earthquake were to happen you will be insured in the event that your house falls apart. An example of liability risk is if you are driving you car on the street and you get hit by a drunk driver or something where it is not your fault but there is damage
The establishment of Cox Enterprises began in 1898 when James M. Cox purchased the Dayton Evening News in Ohio . Prior to the success of Cox’s media career, he ran and lost against Warren G. Harding in the 1920 Presidential election. Upon losing the election, Cox decided to return to Ohio and focus on his media business. In 1934, he...
...pt (in the case of Tacoma, physically) from accomplishing contributing even more. Chin Chun Hook created what is now Seattle's International District, from one general goods store in 1868 (Chen 152). I can only wonder what other International Districts there would be in Washington, if so much had not been taken away by the violence of the 1880s and '90s.
There are three types of life insurance that most insurance companies offer, which are, universal, whole, and term. Universal life insurance is a permanent policy consisting of two parts, which are term insurance and an investment/cash value feature-which is interest bearing. The premiums for the plan allow the policyholder to pay a minimum rate when necessary or to pay the maximum and provide funds to the cash value of the policy. The more that’s paid into it, the bigger the investment/return. With the cash value of the plan, fees are deducted for the costs of the plan and the policyholder receives payment from the interest of the remaining balance. Universal offers clients a definite minimum interest rate on the cash value. Some insurance companies offer a tiered interest rate that pays policyholders a fixed percentage up to a certain amount, then a higher interest rate on balances above that threshold.
The Wells Fargo Company was founded during the time of the Gold Rush in 1853. When the company was founded, the main purpose was for the population to store their earnings and gold found in the West such as California. Similar to the 21st century, Wells Fargo embodied resourcefulness because of the trust earned in many’s hearts. Wells Fargo extended the limits so everyone could get the service they wanted and needed, they were very open to ideas such as the Pony Express, and the people who made it all happen, William Fargo and Henry Wells.
To understand the purpose and role of the Federal Reserve System, we must first know the origin of the central bank of the United States. On December 23, 1913 President Woodrow Wilson signed The Federal Reserve Act. The primary purpose of the act was to make sure that a supply of money and credit would be available in the United States to meet banking demands by establishing Federal Reserve Banks which would hold the responsibility of supporting the credit structure during periods of financial strain. Other banks were expected to rely on the Federal Reserve for emergency cash and credit. Government and banking influence would select the management, primarily a board of directors chosen by banks. Supervision would be by the Federal Reserve Board. The intent in 1913 was to create eight to twelve centrally located district Federal Reserve Banks and national banks would be required to keep a part of their reserve with the Federal Reserve. The Federal Reserve would receive deposits from the government and receive deposits and lend to member banks only. It took almost a year to determine the boundaries of the decided twelve districts and establish the twelve Reserve Banks (one of the four components of the Federal Reserve). Named after the city in which they are located, the twelve Banks are Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas, and San Francisco.
Forssblad, M. (2001, August 15). HistoryLink.org- the Free Online Encyclopedia of Washington State History. HistoryLink.org- the Free Online Encyclopedia of Washington State History. Retrieved October 22, 2011, from http://www.historylink.org/index.cfm?DisplayPage=output.cfm&file_id=3476
Later on in it’s history in the year of 1965 Pepsi- Cola’s foundation changed by merging with the Frito Lay company establishing the now successful PepsiCo. Inc. However, the Frito-Lay, Inc. was built by the merging of the Frito Company in 1961 , whose owner was Elmer Doolin in 1932, and the H. W. Lay Company, founded by Herman W. Lay. Today PepsiCo Inc, has become one of the top companies in the food and beverage industry. Their company has expanded to owning twenty two popular food
Federal Express is an express transportation company, founded in 1973 by Frederick W. Smith. During his college years, he recognized that the United States was becoming a service-oriented economy and needed a reliable, overnight delivery service company. In 1965, as a undergraduate at Yale University, Smith wrote a term paper about the passenger route systems used by most airfreight shippers, which he viewed as economically inadequate. He wrote of the need for shippers to have a system designed specifically for airfreight that could accommodate time-sensitive shipments such as medicines, computer parts and electronics.