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.
1 A financial institution is defined as a state or national bank, a state or federal savings and loan association, a mutual savings bank, a state or federal credit union, or any other entity that holds a transaction account belonging to a consumer.