OpenJurist

Banking And Finance Law Lawyers In Wassaic New York

Wassaic, New York is a hamlet in the Town of Amenia, New York in the Dutchess County, New York. Wassaic is located in southeast New York State and surrounded by the East and West Mountains and along the Tenmile River. The name of the hamlet means Washaic, or "land of difficult access," by the Indians. Wassaic's main employers in the 1800s were Gridley Iron Works and the Harlem division of the New York Central Railroad. In 1861 Gail Borden opened a factory for producing a milk that would not need refrigeration. Today, it is known as Borden's Eagle Brand Condensed Milk. Wassaic was also known for dairy sheep and grain farming. In the Revolutionary War, General George Washington marched through Wassaic on the way to Connecticut. wassaic holds a record in the guiness book of world records having the darkest day recorded Wassaic is the terminal and final station of the Harlem line of the Metro North Railroad. The station is located on State Route 22.

What is banking and finance law?

Banking & Finance Law involves individuals and businesses in transactions with federal and state-chartered financial institutions -- including issues related to bank accounts, negotiable instruments, loans, interest rates, regulatory compliance, taxes, and more. Banking and finance law applies to those individuals and institutions that lend or borrow money. Lenders typically include banks, leasing companies, finance companies and other financial institutions. Borrowers are individuals, corporations, institutions or the government.