| 翻訳と辞書 |
| NCB Capital Impact ： ウィキペディア英語版 |
National Cooperative Bank
National Cooperative Bank (NCB) provides comprehensive banking services to cooperatives and other member-owned organizations throughout the United States. What makes NCB unique is that the bank was created to address the financial needs of an underserved market niche – people who join together cooperatively to meet personal, social or business needs, especially in low-income communities.
Chartered by the 95th Congress on August 20, 1978, NCB commenced lending operations as a federal instrumentality on March 21, 1980. Congress appropriated $184 million of “seed money” in the form of U.S. Treasury Notes, which represented NCB’s initial capitalization and the government’s ownership of the bank.
In 1981, NCB was privatized as a member-owned financial institution, and the seed money was converted into subordinated debt. At that time, the Class A preferred stock of NCB previously held by the United States was converted into Class A subordinated notes as of December 31, 1981. Since then NCB has been structured as a cooperative and all capital stock has been owned by borrowers or entities eligible to borrow from NCB. The legislation requires NCB to repay the $184 million, with interest, in full by 2020. To date, NCB has reduced the loan balance down to $85 million.
==NCB’s Mission==
NCB’s mission is to help cooperatives grow by supporting and being an advocate for America’s cooperatives and their members, placing special emphasis on serving the needs of communities that are economically challenged.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
■ウィキペディアで「National Cooperative Bank」の詳細全文を読む
スポンサード リンク
| 翻訳と辞書 : 翻訳のためのインターネットリソース |
Copyright(C) kotoba.ne.jp 1997-2016. All Rights Reserved.
|
|