Welcome to Savings Guide
Claremont Savings Bank Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
Ohio Savings Bank – An Overview
from:Introduction
The Ohio Savings Bank was originally founded in 1889 in Cleveland, Ohio as a local savings and loans based institution. Now, renamed as the AmTrust Bank, the institution has diversified into the vast series of services including retail banking, mortgage and construction lending, investment and insurance service, indirect auto lending and many more.
It was in 1989 that the Ohio Savings Bank purchased the Pal Plaza Savings Bank in Boca Raton, Florida, resulting in the establishment of the AmTrust Bank division. In addition to the AmTrust branches in Cleveland, Akron, Columbus and Ohio Markets, there are branches located throughout southeastern Florida. With further expansion into yet another market in 2000, the first AmTrust Bank branch was established din Phoenix in Arizona.
Finally, it was in April 2007, that the Ohio Savings Bank was renamed as the AmTrust Bank, to represent the institution’s national presence.
The Services
Since its inception in 1889, the Ohio Savings Bank has grown from a savings and loan with a single branch office in Cleveland and only $20,000 in assets to being one pf the nation’s largest mortgage lenders. As of November 1998, the Ohio savings Bank boasted of being a $5.5 billion bank, with 45 branches in Ohio and Florida
It was in 2004, that the bank began to sense the need of inculcating the IT infrastructure into its work system. Hence, the bank began thinking of consolidating its legacy systems with an enterprise grid computing solution from Oracle. The new system was planned to lay ground for a services-based architecture that would eventually consolidate the bank’s call centre, mortgage application and data warehouse into a unified architecture.
It was further in 1998 that Microsoft announced that the Ohio Savings Bank has been equipped with a new computer infrastructure on the framework of Microsoft Windows Distributed internet Application architecture for Financial Services.
This development made the Ohio Savings Bank the first in its class to combine good customer service and streamlined operations with innovative, cutting-edge technology, building an efficient digital nervous system. The entire system was meant to benefit the customers, providing them with a high-class and efficient infrastructure for their banking operations. This development was also aimed at putting the bank on a firm foothold amongst the leading financial services of the nation, also enabling the users to take full advantage of personalized commuting services of their banking activities.
The Ohio Savings Bank continues to be one of the leading names in the financial sector in the region, though now represented under a different brand name altogether, but still enjoying the same legacy and an extremely sound goodwill.
??
??
??
??
1
Claremont Savings Bank News
During a crisis (financial or otherwise), we follow the crowd - USA Today
WASHINGTON — Herd mentality rules during a financial crisis because people are wired to follow the crowd when times are uncertain, experts say. Brain and behavior studies clearly show that when information is scarce and threats seem imminent ...
Read more...Invitation to a Stoning - Reason.com
For connoisseurs of surrealism on the American right, it's hard to beat an exchange that appeared about a decade ago in the Heritage Foundation magazine Policy Review . It started when two associates of the Rev. Jerry Falwell wrote an article which ...
Read more...Those poor Patriots, they look plain awful - ESPN.com
Tom Brady is hurt, but that's not the only problem New England is facing right now. The Patriots looked awful against San Diego -- awful on defense, awful on the offensive line, you name it. (See examples below.) Since posting an amazing 31-5 run ...
Read more...Herd mentality rules in financial crisis - Yahoo News
WASHINGTON (Reuters) – Herd mentality rules during a financial crisis because people are wired to follow the crowd when times are uncertain, experts say. Brain and behavior studies clearly show that when information is scarce and threats seem ...
Read more...Business FYI - Everett Herald
Brian Ellefson has been hired by Cascade Bank of Everett as a vice president and business banking officer. Ellefson previously worked as a credit analyst, personal banker and commercial loan officer. Kevin Anderson, with Integrated Rehabilitation ...
Read more...