There have been a number of fatal dam breaks in the United Statest. 1977: The Kelly Barnes Dam, an old earthen dam in Georgia, gave way in the middle of the night. Internal erosion probably caused the failure. Thirty-nine people were killed at a small bible college below the dam.
The types of financial institutions include commercial banks, investment banks, insurance companies, brokerages, investment firms, management investment companies and non-bank financial institutions including credit unions, payday lenders and savings and loans institutions.
All Institution Types Defined. Agreement Corporation. Corporation chartered by a state to engage in international banking: so named because the corporation enters into an agreement with the Fed's Board of Governors that it will limit its activities to those permitted. Bank Holding Company.