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Michiel Adriaanszoon de Ruyter Michiel Adriaanszoon de Ruyter
Michiel Adriaanszoon de Ruyter , 1607-76, Dutch admiral. His life was spent in the Dutch mercantile and naval service. He fought under Maarten Tromp in the first (1652-54) of the Dutch Wars and distinguished himself in the second Dutch War (1664-67) by the capture of English holdings on the... Read more
savings bank savings bank
savings bank financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. A common form of savings bank, the mutual savings bank, was... Read more
coast guard coast guard
coast guard special naval force assigned to seaboard duties. Its primary responsibilities usually consist in suppressing contraband trade and aiding vessels in distress. The British coast guard was established just after the Napoleonic Wars for the purpose of preventing smuggling. When the Coast... Read more
banking banking
banking primarily the business of dealing in money and instruments of credit. Banks were traditionally differentiated from other financial institutions by their principal functions of accepting deposits—subject to withdrawal or transfer by check—and of making loans. Types of Banks... Read more
Battle of Stamford Bridge Battle of Stamford Bridge
Stamford Bridge, battle of, 1066. A victory for King Harold Godwineson over Harold Hardrada, king of Norway, and his own brother Tostig, both of whom were killed. Harold Hardrada was seeking to enforce a purported promise of succession to the English kingdom by King Harthacnut. Little is known... Read more
savings and loan association savings and loan association
savings and loan association type of financial institution that was originally created to accept savings from private investors and to provide home mortgage services for the public. The first U.S. savings and loan association was founded in 1831. In 1932, the Federal Home Loan Bank System was... Read more
Long Island Bancorp Inc Long Island Bancorp Inc
Long Island Bancorp, Inc. 201 Old Country RoadMelville, New York 11747U.S.A.(516) 547-2000Fax: (516) 547-2631 Public Company Incorporated: 1867 as Long Island City Savings BankEmployees: 1,341Total Assets: $4.93 billion (1995)Stock Exchanges: NASDAQSICs: 6035 Savings Institutions,... Read more
Federal Deposit Insurance Corporation Federal Deposit Insurance Corporation
Federal Deposit Insurance Corporation (FDIC), an independent U.S. federal executive agency designed to promote public confidence in banks and to provide insurance coverage for bank deposits up to $100,000 (temporarily increased to $250,000 from Oct., 2008, through Dec., 2009). The corporation was... Read more
Certificate of Deposit Certificate of Deposit
CERTIFICATE OF DEPOSIT A written recognition by a bank of a deposit, coupled with a pledge to pay the deposited amount plus interest, if any, to the depositor or to his or her order, or to another individual or to his or her order. A form of commercial paper that serves as documentary evidence... Read more

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