Founded 2010 | ||
Bank of Bird-in-Hand is the first bank in the United States to open following the passage of the Dodd Frank Act in 2010. The Pennsylvania-based bank was founded by a group of local Amish and non-Amish investors.
Contents
History
On November 27, 2013, the Federal Deposit Insurance Corporation approved the launch of Bank of Bird-in-Hand. At the time of the launch, the Bank had $17 million in capital.
The Bank celebrated its first anniversary on December 2, 2014.
As of August 2015, the Bank held assets of $96 million.
Location and clientele
The Bank is located in Bird-in-Hand, Pennsylvania - the heart of Pennsylvanian Amish Country. The Bank caters mostly to Amish borrowers, however not exclusively.
Building
The Bank includes a drive-through window designed to accommodate a horse and buggy.
References
Bank of Bird-in-Hand Wikipedia(Text) CC BY-SA