Establishing Roots in the Community

Scarborough, Melanie
January 2007
Community Banker;Jan2007, Vol. 16 Issue 1, p28
Trade Publication
The article discusses the causes and the early development of mutual funding institutions in Europe. The author says that in early 20th century, mainstream European banks did not treat immigrants at par with original residents causing them to develop a separate funding institutions within the immigrant communities. He cites the example of Madison Bohemian Savings Bank which was established by immigrants from Bohemia settled in Baltimore.


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