Word: wachau
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Dates: during 1960-1969
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Smokies to Sea. Wachovia and the Southeast have prospered together. The bank was founded in 1879 by descendants of the Moravian settlers, who named the Upper Piedmont section of the state Wachau after a pretty valley in Austria. Wachovia was a relatively quiet little bank until about ten years ago. Then, convinced that the South was headed for tremendous growth, its management speeded up the bank's expansion and made an all-out bid for the business of big corporations...
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