First National Bank (Columbia, South Carolina)

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First National Bank
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Location 1208 Washington St., Columbia, South Carolina
Coordinates 34°0′13″N81°2′4″W / 34.00361°N 81.03444°W / 34.00361; -81.03444 Coordinates: 34°0′13″N81°2′4″W / 34.00361°N 81.03444°W / 34.00361; -81.03444
Area 0.2 acres (0.081 ha)
Built c. 1924 (1924)
Architectural style Classical Revival
MPS Columbia MRA
NRHP reference # 80003695 [1]
Added to NRHP November 25, 1980

First National Bank, also known as the National Loan and Exchange Bank Addition, is a historic bank building located at Columbia, South Carolina. It was built about 1924, and is a two-story, stone faced Neoclassical style building consisting of a two-story central section with flanking one-story wings. The front façade features four monumental 3/4 detached Doric order columns. [2] [3]

Bank financial institution

A bank is a financial institution that accepts deposits from the public and creates credit. Lending activities can be performed either directly or indirectly through capital markets. Due to their importance in the financial stability of a country, banks are highly regulated in most countries. Most nations have institutionalized a system known as fractional reserve banking under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, known as the Basel Accords.

Columbia, South Carolina Capital of South Carolina

Columbia is the capital and second largest city of the U.S. state of South Carolina, with a population estimate of 134,309 as of 2016. The city serves as the county seat of Richland County, and a portion of the city extends into neighboring Lexington County. It is the center of the Columbia metropolitan statistical area, which had a population of 767,598 as of the 2010 United States Census, growing to 817,488 by July 1, 2016, according to 2015 U.S. Census estimates. The name Columbia is a poetic term used for the United States, originating from the name of Christopher Columbus.

Neoclassical architecture is an architectural style produced by the neoclassical movement that began in the mid-18th century. In its purest form, it is a style principally derived from the architecture of classical antiquity, the Vitruvian principles, and the work of the Italian architect Andrea Palladio.

It was added to the National Register of Historic Places in 1980. [1]

National Register of Historic Places federal list of historic sites in the United States

The National Register of Historic Places (NRHP) is the United States federal government's official list of districts, sites, buildings, structures, and objects deemed worthy of preservation for their historical significance. A property listed in the National Register, or located within a National Register Historic District, may qualify for tax incentives derived from the total value of expenses incurred preserving the property.

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References

  1. 1 2 National Park Service (2010-07-09). "National Register Information System". National Register of Historic Places . National Park Service.
  2. unknown (n.d.). "First National Bank" (pdf). National Register of Historic Places - Nomination and Inventory. Retrieved 2014-01-07.
  3. "First National Bank, Richland County (1208 Washington St., Columbia)". National Register Properties in South Carolina. South Carolina Department of Archives and History. Retrieved 2014-01-07.