Blackwood Banking Corporation

The **Blackwood Banking Corporation** (formally referred to as the **Terranovan Bank**) is the largest and oldest Terranovan investment bank and financial services company, headquartered at the Terranovan Bank Financial Center in Fernbrook, Cascadia, with auxiliary headquarters in Lawrenceville, District of Terranova. The bank was founded in Alexander, Ohio, in the United States, as **Sterling Banking Company**, in 1905. It was the first banking institution in the Federal Republic of Terranova after the country gained independence from the United States in 1900. It serves approximately 71.03% of all Terranovan bank deposits, in direct competition with Bellton Brothers Wealth Management, Cascadia Bank, and First National Bank of the District. Its primary financial services revolve around commercial banking, wealth management, investment banking, and mortgage lending.

The Bank Financial Center has established a strong reputation for its comprehensive range of financial services, including personal and business banking, investment management, and mortgage lending. With its extensive network of branches and ATMs across Terranova, the bank continues to be a trusted choice for individuals and businesses seeking reliable financial solutions.

The subdivisions of Blackwood Banking Corporation include Sterling Bank, Bank of Terranova, the Blackwood Bank, the International Banking Group, and Blackwood Wealth Management. Each subdivision specializes in different areas of financial services, catering to the diverse needs of clients. Sterling Bank focuses on personal banking, providing a wide range of products and services tailored to individual customers. The Bank of Terranova specializes in business banking, offering customized solutions to help businesses grow and thrive. The Blackwood Bank caters to high-net-worth individuals, providing exclusive wealth management services. Lastly, the International Banking Group assists clients with their global financial needs, including international transactions, currency exchange, and cross-border investments.

James Blackwood II founded Sterling Banking Company in 1875 in Alexander, Ohio, in the United States. James Blackwood II's vision was to create a financial institution that would support local businesses and individuals in achieving their financial goals. He knew that having a strong foundation of personalized banking services would be the key to success in supporting the local community. James passed away in October of 1902; in his will, he designated his eldest son, Alexander Blackwood, as the successor and leader of the Sterling Banking Company. Alexander Blackwood took over the reins of the institution and continued his father's legacy by expanding its reach and services to neighboring towns and cities.

Alexander and his brother Lorenzo moved to North Dayton, Atlatinca in Terranova in 1903 to start this new business after their father passed away. In order to create the nation's first banking conglomerate, Alexander took over his father's business, the Sterling Banking Company, renamed it the Blackwood Banking Corporation, and established subsidiaries in Terranova called the Sterling Bank, Bank of Terranova, Blackwood Bank, and the International Banking Group.