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At Union Bank, we pride ourselves on bank security and want to help the community avoid getting scammed. Fraud Trends in NewHampshireNewHampshire ranks among the top 10 states for fraud and impostor scams, according to the FTC. Financial Scams Are a Nationwide Problem American consumers lost more than $12.5
If you’re thinking about starting a small business in Vermont or NewHampshire, Union Bank is here to support your entrepreneurial dreams. Why start your business in Vermont or NewHampshire? Vermont and NewHampshire have much to offer to aspiring business owners. million people.
One of the most significant: the health and importance of small businesses, and in particular, the “mom and pop” shops that line the main streets and side streets of our local communities. This quarter’s edition shows what happened, through the end of 2015, to the businesses that keep our local communities thriving and surviving.
Working capital is the lifeblood of any business, but it can be challenging for small business owners and entrepreneurs to get conventional financing. If you don’t already have one, you can get free help writing a business plan at one of the SBA’s Small Business Development Centers –find your nearest one in Vermont or NewHampshire here.
Residential Mortgage Loan Originator (NMLS 409084) – Thomas Rubino, Universal Banker 1 We asked our team questions about their lives here in MWV, their position at the bank, how they are involved in the community and their thoughts on the housing situation in the area. Will : I’ve lived in Conway for two years.
Mary’s Bank of Manchester, NewHampshire, holds the distinction of being the nation’s first and oldest credit union. Membership could be obtained by spending five dollars on a share of capital stock. Mary’s was initially chartered in 1909 by the NewHampshire legislature. Founded in 1908, St. Membership to St.
The concept was new, and growth was projected to be robust, albeit not off the charts. The FDIC required the bank to raise $20 million in capital, a tidy sum back in the 1990’s when banks got started with less than half as much. So because the business model was relatively unique, the regulators required a very high level of capital.
So how can bankers improve the economy, their communities, and expand opportunities for Occupy Wall Streeters? So how can banks get capital to entrepreneurs with a great idea, solid business plan, and reasonable chance for success? How many times have you driven down the street and see a new business that you doubt will succeed?
Capital Gain Capital gain is the profit you make when you sell an investment for more than you paid for it. If you buy a bike for $100 and sell it for $150, your capital gain is $50. It’s like a grand opening sale for a new store. It’s when stock prices are going up, and people are optimistic.
million businesses that line the main streets and side streets of the local communities across the U.S. Small business owners don’t expect to be the star of the show, but wherever we went — and we went to Vermont , NewHampshire , Massachusetts , Virginia , South Carolina and Georgia — we heard the same two things over and over again.
Ever since, bitcoin’s been touted by the FinTech community as one of the most remarkable innovations of our time and a highly disruptive force for how money can be moved between people and institutions on a global basis. Bitcoin is the capital that funds their now highly efficient and highly decentralized cybercriminal enterprises.
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