Word: shawmuts
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...black banking and then started buttonholing influential people, including Sneed. Businessman Sneed, who never went to college, did most of the groundwork. He advertised "the bank with a purpose" in the ghetto weekly and sold $10 shares in the venture to 3,358 small investors. Boston's National Shawmut Bank and the New England Merchants National Bank contributed advice...
...boys were riding on the MTA at the time -- on their way to Washington Street to catch a skin flick. So enthralled were they with the beauty of their class's numerals that they rode all the way to Shawmut -- and scored a Hoboken on the Geistgauge...
...Most unorthodox of all is the National Shawmut Bank's little branch in Boston's Bowdoin Square Government Center. Architects Imre and Anthony Halasz were asked to design a temporary structure that could be torn down when the Government Center was completed. This might take a decade, reasoned the Halasz brothers, and all that time something ugly and un inspired would be sitting there. So they drew up plans for something attractive and imaginative: a red brick snailshell. Customers enter where a snail would, find tellers ranged behind a curved counter inside the shell. Daylight comes through...
When the coding was uncovered, Peabody immediately fired the pollsters and had the ballots burned at the Shawmut National Bank. The incident occurred, he says, because of "lack of clearance and control" by his campaign organization...
...costs more to borrow money when recovery gets going. But this year, interest rates have risen scarcely at all-despite the fact that the Federal Reserve industrial production index hit an alltime high of 112 in July. Says Vice President John J. Barry of Boston's National Shawmut Bank: "Right now there seems to be an equilibrium between supply and demand for funds...