Who started Patriot Bank?
Larry Jackson. Larry is President Emeritus of Patriot Bank and was one of the bank’s founders along with Charles Ennis. Larry has more than 42 years of banking experience in the Millington and Tipton County area.
Who bought Patriot Bank?
the National Commerce Corp.
TRINITY — Trinity-based Patriot Bank has signed an agreement to merge with Alabama-based National Bank of Commerce in a $31.3 million deal that creates a financial institution with $2.6 billion in assets, the companies announced Tuesday. NBC’s parent company is the National Commerce Corp.
How big is Patriotbank?
Patriot Bank ranks as a medium-size bank with $852 million in assets and deposits totaling $643 million.
Who did Patriot Bank merge with?
ex_114036. htm. Stamford, CT – May 11, 2018 (GLOBE NEWSWIRE) — Patriot National Bancorp, Inc. (NASDAQ: PNBK), the parent company of Patriot Bank, N.A. (“Patriot”) announces that it has completed its acquisition of Prime Bank (“Prime”).
What time does patriot bank close?
Hours of Operation
|Hours of Operation|
|Lobby Monday – Friday Drive-Thru Monday – Friday||8:30 a.m. – 4:30 p.m. 8:00 a.m. – 5:00 p.m.|
Is Patriot Bank FDIC insured?
All deposits made at Patriot Bank, N.A., including checking accounts, savings accounts, money markets and certificates of deposit accounts, are insured to FDIC limits. The FDIC does not insure money invested in stocks, bonds, mutual funds, insurance policies, annuities or municipal securities.
Why did Hamilton and Jefferson disagree on the Bank bill?
He thought states should charter banks that could issue money. Jefferson also believed that the Constitution did not give the national government the power to establish a bank. Hamilton disagreed on this point too. The bank became an important political issue in 1791, and for years to come.
Why was the bank of the United States unconstitutional?
Secretary of State Thomas Jefferson believed the Bank was unconstitutional because it was an unauthorized extension of federal power. Congress, Jefferson argued, possessed only delegated powers which were specifically enumerated in the constitution. Hamilton conceeded that the constitution was silent on banking.