Rounding Out a Century, 1852-1952: Bangor Savings Bank

One hundred successful years have gone by since that day in 1852 when eleven public-spirited Bangor citizens met together to incorporate the Bangor Savings Bank; 100 years of peace and war; of good times and bad. And down through these years the bank has followed the same slogan with which it began service to the community -- always keeping faith with the community as its needs grew. Today the bank\u27s aims and purposes differ very little from those set forth in one of the earliest pass books of a century ago, namely : To afford those who are desirous of saving their money the means of employing it to advantage without running the risk of losing it, as they are frequently exposed to do by lending it to individuals who either fail or defraud them. It is intended to encourage the industrious and prudent, and to induce those who have not hitherto been such, to lessen their unnecessary expenses, and to save and lay by something for a period of life when they will be less able to earn a support.https://digicom.bpl.lib.me.us/books_pubs/1204/thumbnail.jp

Bath Savings Institution (1919-1927)

Bath Savings Institution (1919-1927) Bank book for the Hebrew Ladies Society of the Beth Israel Congregation (originally, Base Isroall) in Bath, Maine. Issued by the Bath Savings Institution.https://digitalcommons.usm.maine.edu/jud_weinbergfred/1000/thumbnail.jp

Ships and Shipmasters of Old Providence

A brief account of some of the famous Merchants, Sea Captains and Ships of the past together with reminiscences of a few notable voyages made in Providence ships. Printed for the Providence Institution for Savings, Providence, R.I. 1919. Produced by the Providence Institution for Savings as a promotional piece to highlight the bank’s involvement in financing the Providence whaling industry of the 19th century. Includes illustrations and histories of the more notable sea captains and ships that hailed from Rhode Island along with the economic and social impact of the whaling industry in New England.https://digitalcommons.providence.edu/ri_history/1016/thumbnail.jp

Annual report

The Palmetto ABLE Savings Program allows individuals with disabilities the opportunity to save and invest money while maintaining eligibility for important needs-based benefits. The federal Achieving a Better Life Experience (“ABLE”) Act was passed in 2014. This legislation amended the IRS tax code by adding Section 529A which authorized states to establish programs allowing qualified individuals with disabilities to contribute to tax-advantaged ABLE accounts. These accounts allow eligible individuals to save and invest without jeopardizing eligibility for important needs-based benefits such as Supplemental Security Income (SSI) and Medicaid. In 2016, the South Carolina General Assembly created the Palmetto ABLE Savings Program and designated the State Treasurer’s Office as the program’s administrator

Mutual Savings Banks

Aim The aim of the thesis is to explain the factors that affect the auditor's recommendation concerning audit services to customers who are not subject to mandatory auditing. Background and problem In 2010 mandatory auditing for small companies was abolished. It is common for the auditor to provide recommendations re-garding whether or not a customer should chose to retain the audit. The question is which factors can explain the auditor's recommendation. Method and empirics This thesis uses a deductive approach with inductive elements and a combination of qualitative and quantitative data is used. The qualitative data consists of a pilot study and the quantitative data consists of a questionnaire survey. The analysis of the empirical data was performed using regression analysis. Theory This thesis applies an eclectic approach where the starting point is legitimacy, institutional theory, professional theory and decision making theory to develop a model. Results and conclusions The notion of the recommendation as well as the extent of the recommendations can be explained by factors related to the auditor's agency affiliation and the auditor's personal qualities.Syfte Studiens syfte är att förklara vilka faktorer som påverkar revisorns rekommendation om revisionstjänster till kunder som inte omfattas av revisionsplikt. Bakgrund och problem År 2010 avskaffades revisionsplikten för mindre bolag. Vid valet om att behålla eller avskaffa revisionen är det vanligt att revisorn rekommenderar kunden om hur bolaget ska välja. Frågan är vilka faktorer som kan förklara revisorns rekommendation. Metod och analys Studien har en deduktiv ansats med induktiva inslag samt an-vänder en kombination av kvalitativ och kvantitativ data. Den kvalitativa datan består utav en pilotstudie och den kvantitativa datan utav en enkätundersökning. Regressionsanalyser genom-fördes vid analys av den empiriska datan. Teori Studien tillämpar ett eklektiskt angreppssätt där utgångspunkten är legitimitet, institutionell teori, professionsteori och beslutsteori som används för att utveckla en modell. Resultat och slutsats Både uppfattning om rekommendation samt omfattningen av rekommendationer kan förklaras av faktorer kopplade till dels revisorns byråtillhörighet och dels revisorns personliga egenskaper

The Impact of Financial Reform on Private Savings in Bangladesh

Over the course of the last decade, Bangladesh has implemented a broad-based program of financial and market reforms, encompassing changes in the structure of the financial system, prudential and supervisory frameworks, and monetary management. This paper estimates a savings function to evaluate the impact of various determinants of private savings in Bangladesh—with special emphasis on the impact of financial reform. The results show that the level of income, real interest rates, and the share of agriculture in GDP have a positive impact on the savings rate. Dependency rate and public savings rate, on the other hand, have a negative impact on private savings. Interestingly, the financial reform index has a negative impact on private savings. Hence reforms that were initiated since the late 1980s had actually reduced savings