Federal Bank of Monroe

Federal Bank of Everett
Type
Government Company
Founded
April 3rd 2009
Key People
Christina Garcia, Secretary of the Treasury
Headquarters
Federal Bank of Everett Tower, New York City, New York
Area Served
Union of Everett
Industry
Financial Institution
Products
Financial Services, Credit Cards, Lending, Loans
Revenue
Profit
Employees
615,000
The Federal Bank of Everett was formed from the collapse of multiple banking corporations. As the recession struck the stock market in the United States and Everett, banks began to suffer massive losses and ended up making pleads to the government for aid to prevent a total collapse of their companies. The result was a bailout agreement between Everett and failed banks. Those in need were bailed out fully but then were taken under the control of the Everetti government's Department of the Treasury.
===Former Banks===
The Federal Bank of Everett consists of the following former banks and financial institutions:
*Fannie Mae
*Freddy Mac
*American International Group Inc. (AIG)
*Citigroup Inc.
==Financial Services==
The FBE has merged the former banks it is made up of and adjusted services so customers of one bank did not lose the benefits of the bank they are using to the features and services of another bank with potentially poorer services. The Federal Bank of Everett provides customers with finance and insurance, consumer banking, corporate banking, investment banking, investment management and credit cards.